SunTrust Provides $60M for CCRC Expansion in Baltimore
BALTIMORE — SunTrust Banks Inc. has provided a $60 million loan for the expansion of Roland Park Place, a nonprofit continuing care retirement community in Baltimore.
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Capitol Seniors Housing Opens $27.2M Community in Gambrills, Maryland
GAMBRILLS, Md. — Capitol Seniors Housing has opened Arbor Terrace Waugh Chapel, an assisted living and memory care community in Gambrills, located south of Baltimore and northeast of Washington, D.C.
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Capitol Seniors Housing Opens $27.5M Community Near Washington, D.C.
FULTON, Md. — Capitol Seniors Housing has opened Arbor Terrace Fulton, an assisted living and memory care community in Fulton, approximately 20 miles north of Washington, D.C.
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Kendal Names Ann Gillespie as CEO of Community Near Washington, D.C.
MITCHELLVILLE, Md. — Kendal Corp. has announced that Ann Gillespie was named CEO of Collington, a 125-acre, Kendal-affiliated continuing care retirement community (CCRC) in Mitchellville, approximately 13 miles east of Washington, D.C.
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NHI, Discovery Acquire Six Communities for $128.4M
PENNSYLVANIA, MARYLAND and INDIANA — National Health Investors Inc. (NYSE: NHI) has entered into a joint venture with affiliates of its current tenant, Discovery Senior Living, in order to purchase six seniors housing communities.
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Oxford Finance Provides Acquisition Financing to Sterling Senior Care for Nursing Home in Maryland
BELCAMP, Md. — Oxford Finance LLC has provided a term loan and revolving line of credit to Sterling Senior Care, a Maryland-based skilled nursing operator.
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