California

Senior Housing Properties Trust Sells Three Skilled Nursing Facilities in California

by Jeff Shaw May 16, 2019

VAN NUYS, THOUSAND OAKS and LASALETTE, Calif. — Senior Housing Properties Trust (NASDAQ: SNH) has sold three skilled nursing facilities in California as part of a previously announced restructuring plan.

May 16, 2019

California News Operations People

Cadence Living Hires Wendy Mcilnay as Executive Director of Community in Northern California

by Jeff Shaw May 14, 2019

MILBRAE, Calif. — Cadence Living, a seniors housing owner, developer and operator, has hired Wendy Mcilnay as executive director of Cadence Millbrae, a community in Milbrae, a suburb of San Francisco.

May 14, 2019

California Finance News

CBRE Arranges $91.8M Refinancing for DiNapoli Capital Partners Portfolio in California

by Jeff Shaw May 10, 2019

WALNUT CREEK, Calif. — CBRE has arranged $91.8 million in financing for DiNapoli Capital Partners (DCP), an investor based in Walnut Creek. The funds will refinance existing debt on a five-property, 560-unit seniors housing portfolio located in California.

May 10, 2019

Assisted Living California Finance News

Lancaster Pollard Provides $3.9M HUD Financing for Community in Northern California

by Jeff Shaw May 2, 2019

REDDING, Calif. — Lancaster Pollard Mortgage Company has provided $3.9 million in FHA Sec. 232/223(f) financing for Sundial Assisted Living in Redding, approximately 170 miles north of Sacramento.

May 2, 2019

Assisted Living California Development News

Oakmont Prepares to Open 86,839 SF Community Near Los Angeles

by Jeff Shaw May 1, 2019

CAMARILLO, Calif. — Oakmont Senior Living has opened a welcome center at Oakmont of Camarillo, its upcoming seniors housing community in Camarillo, approximately 60 miles northwest of Los Angeles.

May 1, 2019

California Development News

CiminoCare Completes Renovations to Historic Community in San Francisco

by Jeff Shaw April 26, 2019

SAN FRANCISCO — CiminoCare has completes renovations and restoration of Portola Gardens, a seniors housing community in San Francisco.

April 26, 2019

Acquisitions Assisted Living California Memory Care News

SunTrust Provides $69.5M Acquisition Financing for Three-Property Portfolio in California

by Jeff Shaw April 22, 2019

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.

April 22, 2019

California News Operations People

Oakmont Hires Ted Burgess as Executive Director of Upcoming Community in Southern California

by Jeff Shaw April 19, 2019

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.

April 19, 2019

Acquisitions Affordable Housing Assisted Living California Memory Care News

Mogharebi Group Brokers $6.8M Sale of Community in San Bernardino, California

by Jeff Shaw April 15, 2019

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.

April 15, 2019

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