LONDON — Business process management company QX Global Group has named Vijay Pahuja chief executive officer. Pahuja joins the company from Sutherland Global Services. He previously held roles at WNS, Cognizant, IBM and Fidelity Investments. According to the company, London-based QX helps clients — including those in the senior living sector — reduce operating cost, improve efficiency and scale their businesses. Vijay’s focus will include implementing artificial intelligence to reduce back-office work for operators, allowing growth without increasing the employee headcount. Pom Chakravarti previously led the company as CEO and will …
HENDERSONVILLE, N.C. — Ziegler has closed a $45.6 million bond financing on behalf of Carolina Village Inc., a non-profit senior living owner and operator based in North Carolina. Founded in 1972, Carolina Village operates a continuing care retirement community situated on 94.8 acres in Hendersonville in western North Carolina. The property currently comprises 370 independent living residences, 60 assisted living units and 58 skilled nursing beds. Funds from the Series 2026A bonds will be used to finance the design, pre-construction and permitting processes for a future expansion project, as well as …
LA MESA, Calif. — Marcus & Millichap has brokered the $12.5 million sale of Guava Gardens, an affordable seniors housing community located in La Mesa. Los Angeles-based Positive Investments was the buyer. Built in 1986, the property totals 81 units, with 40 studio apartments and 41 one-bedroom apartments. Residences are reserved for seniors age 62 and older. Amenities at the community include a swimming pool, spa, recreation room, outdoor gathering areas, laundry facilities and dedicated parking. Christopher Zorbas, Graeme Henderson and Austin Huffman of Marcus & Millichap represented the undisclosed seller …
BALTIMORE — CFG has provide a $70.8 million bridge loan for the acquisition of a skilled nursing portfolio located in Ohio. The portfolio totals 418 beds across five properties. Andrew Jones and Ava Julio of CFG originated the financing for the undisclosed borrower.
WASHINGTON, D.C. — Capitol Seniors Housing (CSH) has completed the sale of a four-property seniors housing portfolio located in New Jersey, Pennsylvania and metro Chicago. Welltower acquired the communities for an undisclosed price. Two of the properties are situated in the Chicago metropolitan area, with one community located in Exton, Pennsylvania, and another community located in Marlton, New Jersey. According to CSH, the company has now surpassed $1 billion in sales of senior living communities developed by the firm. CSH was founded in 2003 by former Sunrise Senior Living executives Scott …
TAMPA, Fla. — Continuum Advisors has brokered the sale of Arbor Terrace Citrus Park Independent Living, a 139-unit community located in Tampa. Developed in 2019 on nine acres, the property comprises 172,090 square feet. Chancey Architecture and Interior Design designed the community, which was developed by BRW Development Partners, Chancey Development and Rookis Development, in collaboration with The Arbor Co. David Kliewer and Jay Jordan of Continuum arranged the transaction. The undisclosed buyer will retain The Arbor Co. as the operator.
IRVINE, Calif. — American Healthcare REIT (NYSE: AHR) has announced four new leadership appointments. Jeff Hanson has been named chief executive officer of the company, following a term as interim chief executive officer, which began in February 2026. He replaced Danny Prosky, who is retiring from his roles as president and chief executive officer following a medical leave. Prosky will continue to serve as a member of the board of directors and advisor to the management team. Gabe Willhite has been appointed to the role of president. Willhite first joined the …
NEW YORK CITY — Senior living technology company Sage has announced the launch of Labor, a new labor-management solution designed to align staffing with the acuity of residents. The new platform was created at the request of Sonida Senior Living, which wanted to keep labor costs flat while matching care levels to the needs of residents. According to Sage, Labor allows operators to align staffing with acuity levels, manage staffing budgets and support caregivers through data tracking and analysis. “Labor budget was the number everyone watched, but it was never really …
GROTON, Conn. — Specialty investment bank Ziegler has closed a $304.2 million bond financing to fund a senior living campus expansion in Groton in southeastern Connecticut. Ziegler served as the underwriter for the financing. Non-profit senior living organization Fairview is the borrower. Fairview owns and operates a continuing care retirement community situated on 70 acres and will use the proceeds for an expansion project, dubbed Vista Point at Fairview. Upon completion, the expansion will add 193 independent living units, 44 assisted living units and 28 memory care units. The development will …
NEW YORK CITY — Solo agers are contributing to the heightened demand for seniors housing, says a new Berkadia white paper composed by Ezekiel Duprey, a lead research analyst at the company. According to data cited in the report, which is titled “The Proxy Care Economy: Owning the Mandatory Gateway for America’s Solo Agers,” approximately 16.5 percent of Americans age 55 and older had no biological children as of 2018. Furthermore, the marriage rate in the U.S. is at its lowest level since federal records began in 1867. These dynamics are …