PHOENIX — Life Care Services is developing the $100 million second phase at Sagewood in Phoenix. Westminster Capital is the joint venture development partner of the property, which opened in 2010 and currently has 316 units. Situated on 3.5 acres,
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MARANA, Ariz. — BMO Harris Bank’s Healthcare Real Estate Finance group has provided a $21 million credit facility for the acquisition of Watermark at Continental Ranch, an assisted living and memory care community in Marana. The borrowers are Kayne Anderson Real
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TUCSON, Ariz. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Santé of Tucson, a 103-bed short-term rehabilitation and transitional care facility in Tucson.
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SCOTTSDALE, Ariz. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired The Ranch Estates at Scottsdale, a 101-unit senior living community.
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YUMA and FLAGSTAFF, Ariz. — The Weitz Company and Arizona Department of Veterans’ Services (ADVS) are preparing to break ground on a new Arizona State Veteran Home in Yuma. This will be the second such home built by the partnership,
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PHOENIX — Blueprint Healthcare Real Estate Advisors has arranged the sale of two seniors housing campuses totaling 384 beds/units in metro Phoenix.
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MESA, Ariz. — Cadence Living, a senior housing owner, developer and operator based in Scottsdale, has hired Wanda Tutelo as executive director of Acoya Mesa. The community is scheduled to open this September in Mesa.
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CHANDLER, Ariz. — Cadence Living has acquired 7.7 acres in Chandler, approximately 20 miles southeast of Phoenix, with plans to build a seniors housing community on the site.
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