CONCORD, Calif. — CBRE has arranged $19.9 million in financing for Carlton Senior Living Concord, a 152-unit independent living community in Concord, approximately 25 miles northeast of San Francisco.
RANCHO CUCAMONGA, Calif. — Cadence Living has broken ground ground on Cadence at Rancho Cucamonga, a seniors housing community in the Town Center neighborhood of Rancho Cucamonga, approximately 40 miles east of Los Angeles.
SAN LUIS OBISBO, Calif. — Evans Senior Investments (ESI) has arranged the sale of The Manse on Marsh, an 87-unit independent living and assisted living community in San Luis Obispo.
GRANITE BAY, Calif. — WellQuest Living has broken ground on WellQuest of Granite Bay, a seniors housing community in Granite Bay, approximately 25 miles northeast of Sacramento.
SAN FRANCISCO — A joint venture between Related Cos. and Atria Senior Living, along with funding support from Welltower, has acquired the former KRON-TV headquarters in San Francisco, with plans to convert the property to seniors housing.
CALIFORNIA — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $51.9 million Bridge-to-HUD loan for the acquisition of six skilled nursing facilities across California.
FREMONT, Calif. — Eden Housing has opened Pauline Weaver Senior Apartments, a 90-unit affordable housing community for seniors in Fremont, located at the southeast edge of San Francisco Bay.
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.