VENICE, Fla. — Cushman & Wakefield Senior Housing Capital Markets, in collaboration with Bridge Structured Finance, has arranged financing for Jacaranda Trace, a seniors housing community in Venice, a beachfront city south of Tampa.
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MIAMI — Counterpointe Sustainable Real Estate has arranged a $3.7 million, 20-year, Commercial Property Assessed Clean Energy (C-PACE) loan for renovations at the Victoria Nursing and Rehabilitation Center in Miami.
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KISSIMMEE, Fla. — Sonata Senior Living has taken over management of Sonata Hunter’s Creek in partnership with Providence One Partners LLC, a real estate development, investment and consulting company.
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VENICE, Fla. — Caddis has opened a sales office at Heartis Venice in Gulf Coast city of Venice, with the community scheduled to open its doors in summer 2020.
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WILTON MANORS, Fla. — Carrfour Supportive Housing and The Pride Center at Equality Park have broken ground on a 48-unit affordable community in Wilton Manors that will offer supportive services specifically targeting LGBTQ seniors.
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LARGO, Fla. — Cambridge Realty Capital Cos. has arranged a $4.1 million HUD Lean loan to refinance Cabot Cove of Largo, a 63-bed assisted living facility.
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BETHESDA, Md. — Capital One has provided a $108.9 million loan to a joint venture owned by Sino-Ocean Capital and Bethesda-based Meridian Senior Living.
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TALLAHASSEE, Fla. —Roger B. Kennedy Construction has completed construction of The Grove at Canopy in Tallahassee.
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WELLINGTON, Fla. — SunTrust Bank has provided $39 million in construction financing for Wellington Bay, a seniors housing development in Wellington.
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SANTA ROSA BEACH, Fla. — Watercrest Senior Living Group and The St. Joe Company have broken ground on Watercrest Santa Rosa Beach Assisted Living and Memory Care in Santa Rosa Beach, located on the Florida Panhandle.
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NAPLES, Fla. — Watercrest Senior Living Group and United Properties have completed construction of Watercrest Naples Assisted Living and Memory Care in Naples, a Gulf Coast city just northwest of The Everglades.
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VIERA, Fla. — Sonata Senior Living and AEW Capital Management have announced plans to develop Sonata Viera East, a luxury senior living community in the master-planned community of Viera, near Melbourne about 50 miles southeast of Orlando.
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PALM BEACH GARDENS, Fla. — Cushman & Wakefield has negotiated the sale of a 10.4-acre commercial site in Palm Beach Gardens. An affiliate of United Group of Companies acquired the property for $8.3 million with plans to develop an independent
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NEW YORK CITY — Quadrum Global, an international real estate development, investment and management firm based in New York, has launched Liana, a seniors housing management division.
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WINTER PARK, Fla. — Watercrest Senior Living Group has hired Angie DiMura as executive director of Watercrest Winter Park, a 107-unit assisted living and memory care community currently under construction in the Orlando suburb of Winter Park.
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NAPLES, Fla. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Juniper Village at Naples, a 60-unit memory care community in Naples, located along the Gulf of Mexico in South Florida.
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WESTON, Fla. — The Palace Group has opened an 8,000-square-foot information center at the future site of The Palace at Weston, a $130 million development in Weston, about 30 miles northwest of Miami.
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TARPON SPRINGS, Fla. — KR Management LLC is the new licensed operator of Addington Place of East Lake, an assisted living community in Florida.
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FORT MYERS, Fla. — The Weitz Company and Shell Point Retirement Community have broken ground on Waterside Health Center, a 195,141-square-foot skilled nursing facility in Ft. Myers.
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NEW YORK CITY — Berkadia’s Seniors Housing & Healthcare Group, based in New York City, has provided $76.8 million in acquisition financing for nine skilled nursing facilities in Florida, Maryland, Michigan, Tennessee and Virginia.
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BROOKSVILLE, Fla. — Propero Seniors Housing Equity Fund III LLC has invested an undisclosed amount of equity into Cortez Oaks Health and Rehabilitation, a seniors housing development in Brooksville, located 45 miles north of Tampa and 65 miles west of
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OCALA, Fla. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Timberridge Rehabilitation & Nursing Center, a 180-bed skilled nursing facility in Ocala, approximately 70 miles northwest of Orlando.
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LAKE MARY, Fla. — Sonata Senior Living has announced plans to develop Sonata Lake Mary, a 193-unit seniors housing community in Lake Mary, approximately 15 miles north of Orlando.
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ROYAL PALM BEACH, Fla. — Validus Senior Living has broken ground on an assisted living and memory care community in Royal Palm Beach, approximately 70 miles north of Miami.
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DEERFIELD BEACH, Fla. — TD Bank has provided $9 million loan for the renovation of Palms of Deerfield Apartments, an affordable seniors housing community in Deerfield Beach.
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PALM BEACH GARDENS, Fla. — CBRE National Senior Housing has secured financing for the acquisition of HarborChase of Palm Beach Gardens, an assisted living and memory care facility in Palm Beach Gardens, 15 miles north of West Palm Beach, Fla. The
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BONITA SPRINGS, Fla. — Discovery Senior Living has hired Bill Sciortino as its new chief operating officer (COO). In this position, Sciortino will lead and focus continuing efforts to drive innovation and deliver a more customized, resident-centric lifestyle experience, according to
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