LOS ANGELES and OAKLAND — SunTrust Banks Inc. (NYSE: STI) has provided $69.5 million in financing to support Watermark Retirement Communities and Kayne Anderson’s acquisition of three senior living communities in California.…
GREENVILLE, S.C. — Cardinal Ventures Inc., together with Blake Management Group, has unveiled plans for The Blake at Hollingsworth Park, a resort-style senior living community in Greenville.…
COLUMBUS, Ohio — Blueprint Healthcare Real Estate Advisors has negotiated the sale of a 150-bed skilled nursing facility in the Columbus suburbs.…
KANSAS CITY, Mo. — Tutera Senior Living & Health Care will open the first units at its newest Tutera Senior Living & Health Care location starting in June. The property is in the Tiffany Springs neighborhood of Kansas City.…
COLORADO SPRINGS and CENTENNIAL, Colo. — Walker & Dunlop has structured $52 million in financing to refinance three seniors housing properties totaling 196 units in Colorado Springs and Centennial.…
SAN ANTONIO — During its annual Senior Living Executive Conference in San Antonio this week, seniors housing advocacy group Argentum revealed a host of new initiatives for the organization. Among them were drives to offer data on the widespread effects…
INDIAN ISLAND, Maine — Hunt Capital Partners has funded $2.1 million in federal low-income housing tax credit (LIHTC) equity financing for the construction of Penobscot Elder Homes.…
CAMARILLO, Calif. — Oakmont Senior Living has named Ted Burgess as the executive director of Oakmont of Camarillo. Located approximately 60 miles west of Los Angeles, the community is scheduled to open by the end of 2019.…
NORFOLK, Va. — HJ Sims has arranged $201.1 million in financing for the construction of a new residential tower at Harbor’s Edge, a continuing care retirement community in Norfolk.…
TEXAS and LOUISIANA — Blueprint Healthcare Real Estate Advisors has arranged the $282.5 million sale of 28 skilled nursing facilities in Texas and Louisiana.…
SAN ANTONIO — Argentum, a seniors housing advocacy group, has elected six new directors to its board, as well as announced a new initiative to celebrate the accomplishments of women leaders in seniors housing. The announcements were made at Argentum’s…
NEW JERSEY — Greystone has provided a $24 million Fannie Mae loan to refinance a 138-unit assisted living facility in New Jersey.…
CORAOPOLIS, Pa. — Tapestry Senior Living has announced it will open Tapestry Moon Township in June.…
ZEBULON, N.C. — Woda Cooper Cos. has cut the ribbon on Shepard Greene, a 50-unit affordable seniors housing community in Zebulon, approximately 20 miles east of Raleigh.…
SAN BERNARDINO, Calif. — The Mogharebi Group (TMG) has arranged the sale of Bernardine Senior Independent Living, a 71-unit community in San Bernardino, approximately 60 miles east of Los Angeles.…
NEWARK, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 99-bed skilled nursing facility in Newark, approximately 30 miles east of Columbus.…
LOS ANGELES — Meta Housing Corp., a Los Angeles-based developer, in a joint venture partnership with Western Community Housing, a Southern California-based nonprofit corporation, has broken ground on Vermont Corridor Apartments.…
ANNAPOLIS, Md. — The occupancy rate for seniors housing across the United States remained virtually unchanged at 88.1 percent in the first quarter of 2019, according to the National Investment Center for Seniors Housing & Care (NIC), a nonprofit organization…
CHICAGO and DAYTONA BEACH, Fla. — Sentrics, a Chicago-based technology firm serving the senior living industry, has acquired Daytona Beach-based sensor and detection technology company Silversphere.…
DANVILLE and RUSSELL, Ky. — PGIM Real Estate Finance has provided a combined $15.3 million for two Morning Pointe senior communities in Kentucky.…
CHICAGO — The Economic Club of Chicago, a nonprofit organization focused on economic and social dialogues, has named Debra Cafaro to a two-year term as its chair of the board.…
SOUTHAMPTON, N.Y. — Greystone has provided a $58.8 million HUD-insured loan to refinance a skilled nursing facility in Southampton. …
LAKE FOREST, Calif. — Oxford Finance LLC has provided a $96 million term loan to an affiliate of Summit Healthcare REIT Inc. The funds were used to purchase 14 skilled nursing and assisted living facilities in Indiana totaling over 1,100…
MEMPHIS, Tenn. — SunTrust Banks Inc. (NYSE: STI) has provided $29.5 million in financing to support Hickory Senior Living’s acquisition of The Cottages, a 10-facility seniors housing portfolio. …
PINELLAS PARK, Fla. — Hunt Real Estate Capital has provided two loans to finance the acquisition and rehabilitation of an affordable seniors housing property in Pinellas Park, located across the bay from Tampa. …
ST. LOUIS — Ascension Living has promoted Debra Valkenberg to the position of chief nursing officer. …
LAKE OSWEGO and WILSONVILLE, Ore. — CBRE has arranged $61 million in financing for the acquisition of The Springs at Carman Oaks in Lake Oswego and The Springs Wilsonville in Wilsonville, both seniors housing communities in the greater Portland area.…