BRENTWOOD, Tenn. — CBRE has arranged $160.3 million in financing for Brookdale, which will restructure debt on a five-property, 945-unit portfolio in Alabama, Michigan, Pennsylvania and Texas.
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KAWKAWLIN, Mich. — Capital Funding has provided a $4.5 million HUD mortgage for Huron Woods, a 60-bed skilled nursing facility in Kawkawlin, a small town in Central Michigan.
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BRIDGMAN, Mich. — Capital Funding LLC has provided a $6.1 million HUD mortgage to refinancing debt on West Woods of Bridgman, a 92-bed skilled nursing facility.
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BIG RAPIDS and GAYLORD, Mich. — Lancaster Pollard Mortgage Co. has arranged $16 million in financing for The Brook Retirement Communities.
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COMMERCE TOWNSHIP, Mich. — Resort Lifestyle Communities (RLC) plans to break ground Aug. 7 on an independent living community in Commerce Township, approximately 30 miles northwest of Detroit.
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CALIFORNIA, WASHINGTON AND MICHIGAN — Madison Marquette and GFH Financial Group have acquired a portfolio of six private-pay senior living communities in California, Washington and Michigan. Although a specific purchase price was not provided, GFH described the deal as “exceeding
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OHIO and MICHIGAN — Lancaster Pollard Mortgage Co.’s M&A affiliate, OREC Securities LLC, has arranged the sale of a seniors housing community in Ohio and six in Michigan
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ZEELAND, Mich. — Leisure Living has broken ground on Riley’s Grove, a 44-unit assisted living community in Zeeland, about 20 miles southwest of Grand Rapids.
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BRIGHTON, Mich. — National Health Investors Inc. (NYSE: NHI) has acquired Brighton Manor, a 73-unit assisted living/memory care facility in Brighton, approximately 45 miles northwest of Detroit.
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KENTWOOD, Mich. — Pathway to Living has completed $2.1 million in capital improvements at Azpira Place of Breton, an 81-unit assisted living and memory care community in Kentwood, just southeast of Grand Rapids.
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OAKLAND TOWNSHIP, Mich. — Moceri Cos. has opened Blossom Ridge, a 44-acre independent living community in Oakland Township, approximately 30 miles north of Detroit.
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