FRANKENMUTH, Mich. — Holiday Retirement has taken over management duties at Independence Village Frankenmuth, an independent living community in the Saginaw County city of Frankenmuth.
ANN ARBOR, Mich. — Cushman & Wakefield National Senior Housing Capital Markets has arranged the sale of University Living, a 75-unit assisted living and memory care community in Ann Arbor.
HART, Mich. — Alliant Capital has invested in Griswold Senior, an affordable seniors housing development in Hart, a small city near the banks of Lake Michigan.
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.
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.
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.
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.
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.