CLERMONT, STUART and TAVARES, Fla. — CIT Group’s Healthcare Finance division has served as sole lead arranger for a $64 million loan for three assisted living facilities in Florida.
WELLINGTON, Fla. — Florida-based senior living and rehabilitation services provider KR Management LLC is the new licensed operator of The Addington at Wellington Green in Wellington.
ST. PETERSBURG, Fla. — American House Senior Living Communities and co-developer Prevarian Senior Living have broken ground on American House St. Petersburg, an independent living, assisted living and memory care community in St. Petersburg.
BOCA RATON, Fla. — Acts Retirement-Life Communities has completed two renovation projects totaling more than $6 million to two of its communities in Boca Raton.
APOPKA, Fla. — SunTrust Banks Inc. has provided $29.7 million in financing for the construction of a skilled nursing and rehabilitation facility in the Orlando suburb of Apopka,
VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based owner-operator, has hired Angela Bowden to the new role of regional director of operations.
OVIEDO, Fla. — Legacy Pointe at UCF, a senior living community currently in development in Oviedo, has hired Dr. James Wells as its executive director.
SARASOTA, Fla. — Watercrest Senior Living Group and United Properties have broken ground on Watercrest Sarasota Senior Living Community, a 198-unit luxury senior living campus in Sarasota, along Florida’s Gulf Coast.
