California

CareTrust REIT Acquires Memory Care Asset in California for $12.6M

by Jeff Shaw September 25, 2019

ESCONDIDO, Calif. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired Vista del Lago, a memory care facility in Escondido, for $12.6 million.

September 25, 2019

Acquisitions California News

The Mogharebi Group Arranges Sale of 111-Unit Community in Southern California for $12M

by Jeff Shaw September 18, 2019

CHULA VISTA, Calif. — The Mogharebi Group (TMG) has arranged the sale of Pacific Pointe Active Senior Living, a 111-unit active adult community in Chula Vista.

September 18, 2019

Acquisitions California CCRC News

Westmont Living Buys California’s Third-Largest Community for $58M

by Jeff Shaw September 10, 2019

RIVERSIDE, Calif. — Cushman & Wakefield has negotiated the sale of Altavita Village, California’s third-largest senior living community according to the broker.

September 10, 2019

California Development News

Protea, Irwin Partners Complete Community in Oceanside, California

by Jeff Shaw September 10, 2019

OCEANSIDE, Calif. — Developer Protea and Irwin Partners Architects (IPA) have completed construction of Ocean Hills, a seniors housing community in Oceanside, approximately 35 miles north along the coast from San Diego.

September 10, 2019

Acquisitions Assisted Living California News

Cushman & Wakefield Arranges Sale of 91-Unit Community in San Diego

by Jeff Shaw September 9, 2019

SAN DIEGO — Cushman & Wakefield has brokered the sale of Felicita Vida, a 91-unit assisted living and memory care community in San Diego.

September 9, 2019

California News Operations People

Oakmont Senior Living Names Ferdinand Buot as Executive Director of Community in California

by Jeff Shaw September 3, 2019

SANTA ROSA, Calif. — Oakmont Senior Living has hired Ferdinand Buot as the new executive director of Oakmont of Varenna, a continuing care retirement community in Santa Rosa.

September 3, 2019

California News Operations People

Watermark Hires Executive Director, Membership Director for Upcoming Community in Napa Valley

by Jeff Shaw August 28, 2019

NAPA, Calif. — Watermark Retirement Communities has hired two executives to lead The Watermark at Napa Valley, a luxury retirement community scheduled to open in Napa in the summer of 2020.

August 28, 2019

California Finance News Utah

Lancaster Pollard Completes Three Fannie Mae Loans Totaling $57M

by Jeff Shaw August 23, 2019

SALT LAKE CITY, HOLLADAY, Utah, and VACAVILLE, Calif. — Lancaster Pollard Mortgage Co., a division of ORIX Real Estate Capital, has arranged three refinancing loans for seniors housing properties in the West totaling $57 million.

August 23, 2019

California Development Memory Care News

Advocacy Development Partners Breaks Ground on 32-Unit Memory Care Community in San Dimas, California

by Jeff Shaw August 22, 2019

SAN DIMAS, Calif. — Advocacy Development Partners has broken ground on The Terraces at Via Verde, a 32-unit memory care community in San Dimas, a city in the San Gabriel Valley of Los Angeles County.

August 22, 2019

Acquisitions California News

Mogharebi Group Arranges $34.4M Sale of Age-Restricted Community in San Gabriel Valley

by Jeff Shaw August 20, 2019

HACIENDA HEIGHTS, Calif. — The Mogharebi Group (TMG) has brokered the sale of Sagewood Gardens, an age-restricted community located on Gale Avenue in Hacienda Heights. A San Gabriel Valley-based private investor acquired the asset from a Los Angeles-based private owner for $34.4 million.

August 20, 2019

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