Florida

Watercrest Hires Angie DiMura as Executive Director of Community in Winter Park, Florida

by Jeff Shaw October 16, 2019

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.

October 16, 2019

Acquisitions Florida Memory Care News

SLIB Arranges $5.5M Sale of Memory Care Community in Naples, Florida

by Jeff Shaw October 9, 2019

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.

October 9, 2019

Development Florida News

Palace Opens Information Center at $130M Development Near Miami

by Jeff Shaw October 8, 2019

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.

October 8, 2019

Florida News Operations

KR Management Takes Over Operations of Community Near Tampa

by Jeff Shaw October 3, 2019

TARPON SPRINGS, Fla. — KR Management LLC is the new licensed operator of Addington Place of East Lake, an assisted living community in Florida.

October 3, 2019

CCRC Development Florida News Skilled Nursing

Weitz Breaks Ground on 180-Bed Skilled Nursing Expansion in Ft. Myers, Florida

by Jeff Shaw September 25, 2019

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.

September 25, 2019

Acquisitions Finance Florida Maryland Michigan News Skilled Nursing Tennessee Virginia

Berkadia Provides $76.8M Acquisition Financing for Nine-Property Skilled Nursing Portfolio

by Jeff Shaw September 25, 2019

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.

September 25, 2019

Development Florida Investment News

Propero Invests in $41.4M Development in Brooksville, Florida

by Jeff Shaw September 23, 2019

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 Orlando.

September 23, 2019

Acquisitions Florida News Skilled Nursing

SLIB Negotiates Sale of 180-Bed Facility in Florida for $24.3M

by Jeff Shaw September 17, 2019

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.

September 17, 2019

Development Florida News

Sonata Senior Living Plans $52M Community Near Orlando

by Jeff Shaw September 13, 2019

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.

September 13, 2019

Assisted Living Development Florida News

Validus Breaks Ground on 104-Unit Community in South Florida

by Jeff Shaw September 9, 2019

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.

September 9, 2019

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