CARY, N.C. — Singh Senior Living has named Brian O’Hara as the new executive director of Waltonwood Cary Parkway, an independent living, assisted living and memory care community in Cary, a suburb of Raleigh. O’Hara brings more than 20 years
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NORTH CAROLINA and KENTUCKY — Monticello has provided $117 million in first lien debt financing for the acquisition of 12 skilled nursing properties and the refinance of one other in North Carolina and Kentucky. The skilled nursing portfolio totals 1,357
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ENGLEWOOD CLIFFS, N.J. — Oxford Finance LLC has provided a $64.6 million term loan and revolving line of credit to The Portopiccolo Group, a New Jersey-based, privately held company. Proceeds were used for the acquisition of three skilled nursing facilities
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RALEIGH, N.C. — Green Courte Partners (GCP), through one of its investment funds, has acquired The Aspens at Bedford Falls, a 182-unit seniors housing community in Raleigh. Construction of the community was completed in August 2019. GCP acquired the property
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CLEMMONS, N.C. — Evans Senior Investments (ESI) has arranged the sale of Crest of Clemmons, an assisted living community in the Winston-Salem suburb of Clemmons for $5 million, or $111,000 per unit. The seller was previously the owner-operator, which leased
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DURHAM, N.C. — CBRE has arranged an $18 million loan to refinance debt on Bartlett Reserve, a 100-unit independent living community in Durham. The borrower is Focus Healthcare Partners. CBRE also arranged the acquisition financing for Focus in 2017. Aron
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CHARLOTTE, WINSTON-SALEM and RALEIGH, N.C. — Cadence Living, an owner-operator with properties in the West and Southeast, has taken over management of seven seniors housing communities in the Charlotte, Winston-Salem and Raleigh markets. The three Charlotte-area senior living community locations
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RALEIGH, N.C. — KeyBank Real Estate Capital provided a $40 million bridge loan to refinance Waltonwood Lake Boone, a seniors housing community in Raleigh.
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GASTONIA, N.C. — Marcus & Millichap (NYSE: MMI) has arranged the sale of Meadow Wood, a 14,274-square foot seniors housing property in Gastonia, a suburb of Charlotte.
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DURHAM, N.C. — McCamant & Durrett Architects has completed design of Village Hearth Senior Cohousing in Durham, with the company claiming it as the first LGBT seniors cohousing community in North America.
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GASTONIA, N.C. — Contemporary Healthcare Capital has provided a $504,750 mezzanine loan to affiliates of Ivy Senior Living.
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GOLDSBORO, GATESVILLE and CHARLOTTE, N.C. — PGIM Real Estate Finance has provided a $28.3 million Fannie Mae loan to Affinity Living Group for the refinancing of three senior living properties located in North Carolina.
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HICKORY, N.C. — Woda Cooper Cos. has unveiled plans for Center Crossing, a 50-unit affordable seniors housing community in Hickory, approximately 50 miles northwest of Charlotte.
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RALEIGH, N.C. — Cambridge Village Optimal Living has broken ground on The Cambridge at Brier Creek, a 205-unit active adult community in Raleigh.
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HENDERSON, DURHAM and ELIZABETH CITY, N.C. — Healthcare Transactions Group has negotiated the sale of three skilled nursing facilities in North Carolina, totaling 297 licensed beds.
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HAMPTON ROADS, Va. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio located in the Hampton Roads metro area and just over the state border in Currituck County, North Carolina.
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CARY, N.C. — Waltonwood Communities, an owner-operator of senior living in the Carolinas and Michigan, has announced two new hires at its community in Cary, a suburb of Raleigh.
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CORNELIUS, N.C. — A group of local developers have unveiled plans for Cornelius Woods, an active adult community in Cornelius.
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HENDERSONVILLE, N.C. — Contemporary Healthcare Capital has provided a $1.4 million mezzanine loan to affiliates of The Portopiccolo Group for the acquisition of a skilled nursing facility in Hendersonville.
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NORTH CAROLINA and KENTUCKY — Greystone has provided $71.9 million in financing for the acquisition and refinance of an 874-bed skilled nursing facility portfolio.
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COLUMBUS, N.C. — Acts Retirement-Life Communities has completed $10 million in renovations at Tryon Estates, a continuing care retirement community in Columbus, located in the southwest corner of the state near the Tennessee and South Carolina borders.
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ZEBULON, N.C. — Woda Cooper Cos. has cut the ribbon on Shepard Greene, a 50-unit affordable seniors housing community in Zebulon, approximately 20 miles east of Raleigh.
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