MESA, Ariz. — Cushman & Wakefield, as exclusive advisor to EverWest Real Estate Investors, Ryan Cos. US Inc. and Cadence Living, has arranged the acquisition and recapitalization of Acoya Mesa, a Class A seniors housing community in the Mesa suburb…
SCOTTSDALE, Ariz. — Alliance Residential Co. has announced Greystar will manage Overture Arcadia, an active adult community under construction in Scottsdale. Overture Arcadia is scheduled to open in December 2022.…
GILBERT, Ariz. — Greystar has started pre-leasing at Album Cooley Station, an active adult community in the Phoenix suburb of Gilbert. “There is a need for this type of housing as we see more and more active adults looking to…
CHANDLER, Ariz. — CIT Group Inc. (NYSE: CIT), through its Healthcare Finance business, served as sole lead arranger of $34 million to refinance the Enclave at Chandler. Opened in 2018 in the Phoenix suburb of Chandler, the community features 89…
YUMA, Ariz. — Ativo Senior Living has opened Ativo of Yuma, an assisted living and memory care community in the Fortuna Foothills submarket of Yuma. The 79-unit community features floorplans ranging from studio to one- and two- bedroom options. This…
TEMPE, Ariz. — Ziegler has arranged $104.1 million in bond financing to fund an expansion project at Friendship Village of Tempe, a continuing care retirement community in Tempe. The property currently features a 554-unit retirement center including garden homes and…
FOUNTAIN HILLS, Ariz. — Focus Healthcare Partners and Life Care Services (LCS) have acquired Fountain View Village, a senior living community in Fountain Hills, a suburb of Phoenix. LCS will operate the 291,000-square-foot community following the acquisition. Fountain View Village…
BUCKEYE, Ariz. — Link Senior Development and MedCore Partners have unveiled plans for Ativo of Sundance, a 202-unit senior living community inside the Sundance Active Adult master-planned community in the Phoenix suburb of Buckeye. The campus will offer 103 independent…
PHOENIX — Blueprint Healthcare Real Estate Advisors has negotiated the sale of a 94-unit skilled nursing facility in Phoenix. The 94-unit vacant facility was originally developed by Mainstreet in 2017 and designed to be operated as an assisted living and…
GLENDALE, Ariz. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Westgate Village, a 129-unit independent living community in Glendale. Located approximately nine miles northwest of downtown Phoenix, the property was built in 2017. It totals 112,000 square…
BLUFFTON and HILTON HEAD, S.C.; TUCSON, Ariz.; and JACKSON, Tenn. — Walker & Dunlop Inc. has structured $37.4 million in financing for four assisted living and memory care facilities. The finance transactions included $5.5 million for Bloom at Bluffton in…
PHOENIX — Spellman Brady & Co. has completed the expansion and renovation of Sagewood Senior Living in Phoenix for Life Care Services. Renovations included a four-story, 101-unit independent living building with an underground parking garage. The 276,454-square-foot building features one…
TUCSON, Ariz. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired The Ranch Estates of Tucson, a 107-unit senior living community in Tucson. The property was previously known as Sage Desert Assisted…
PRESCOTT VALLEY, Ariz. — Link Senior Development and Insight Senior Living have started construction of Ativo Senior Living of Prescott Valley. Located near Bob Edwards Park, the 5.3-acre campus consists of 130 residences across more than 117,000 square feet. The…
TEMPE, Ariz. — McCarthy Building Cos., a St. Louis-based construction firm, has completed construction of Mirabella at ASU, a $252 million continuing care retirement community in Tempe. Pacific Retirement Services and University Realty were the developers for the project. Mirabella…
TUCSON, Ariz. — Marcus & Millichap has arranged the sale of Carlton Village Senior Care Community, an 80-bed assisted living community in Northwest Tucson. The community was built in 2018. The price of $5.6 million equates to $70,000 per bed.…
SUN CITY, Ariz. — Ziegler has arranged $136.8 million of public bonds and bank capital for People of Faith Inc. The borrower has planned an expansion project known as Inspirata Pointe at its existing continuing care retirement community (CCRC), Royal…
PHOENIX — Colliers International has arranged the sale of Prescott Lakes, an age-restricted apartment community in Phoenix. CA Prescott Lakes Owner LLC acquired the asset from BAZV Prescott Lakes LLC for an undisclosed price. Restricted to residents age 55 or…
PHOENIX — Cushman & Wakefield Senior Housing Capital Markets has arranged a $13 million refinancing for The Palazzo, a 327-unit seniors housing community in Phoenix. The borrower is a joint venture of an affiliate of Westport Capital Partners LLC and…
SCOTTSDALE, Ariz. — The joint venture team of Ryan Cos. US, Cadence Living and a controlled affiliate of Starwood Capital Group has completed construction of Acoya Scottsdale at Troon in Scottsdale. The community features 135 independent living and assisted living…
PHOENIX — Ryan Cos. has broken ground on Clarendale Arcadia, an independent living, assisted living and memory care community in Phoenix. The project is a joint venture between Harrison Street, LCS and Ryan. The partnership entered into a long-term ground…
FLAGSTAFF, Ariz. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 50-bed skilled nursing facility in Flagstaff. Embree Asset Group developed the property in 2018 and entered a triple-net lease with Welbrook Senior Living. It is located…
PORTLAND, Ore. — Link Senior Development and Insight Senior Living have launched the Ativo Senior Living brand, with three upcoming communities currently announced in the Southwest. The first property, Ativo Senior Living of Yuma, Arizona, is currently under construction with…
PHOENIX — Gardner Capital has completed construction of El Caro Apartments, a 102-unit affordable senior apartment complex in Phoenix. The property also features a food pantry on-site. Gardner Capital worked with the City of Phoenix’s Housing Department and the Arizona…
TEMPE, Ariz. — The Ensign Group Inc. (NASDAQ: ENSG) has acquired the real estate and operations of a post-acute care retirement campus located in Tempe. The acquisition includes Tempe Post Acute, a 62-bed skilled nursing facility, and Desert Marigold Senior…
MARANA, Ariz. — Cadence Living has been appointed manager at La Sonora at Dove Mountain, a 142-unit independent living, assisted living and memory community in Marana, located in the Dove Mountain area north of Tucson. The community is located on…
PHOENIX — Grandbridge’s Seniors Housing and Healthcare Finance Group has provided $11.3 million in financing for Avista North Mountain, a 132-unit assisted living and memory care community in Phoenix. The borrower is Avista Senior Living. The funds, arranged through the…