Locust Point Capital Closes $428M Seniors Housing Debt Fund

RED BANK, N.J. — Locust Point Capital has closed Locust Point Seniors Housing Debt Fund II, the firm’s second fund focused on its direct lending strategy to the seniors housing and care sector. The Red Bank-based firm launched its $312

Salmon Health Prepares to Open 57-Acre Campus in Medway, Massachusetts

MEDWAY, Mass. — Salmon Health & Retirement has started taking reservations at Salmon at Medway, a 57-acre seniors housing campus in the Boston suburb of Medway. The community will offer cottage and apartment-style independent living together with apartment-style assisted living

SLIB Brokers $7.2M Sale of Vacant Community in Wayzata, Minnesota

WAYZATA, Minn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Meridian Manor, an independent and assisted living community located in Wayzata, approximately 13 miles west of downtown Minneapolis. Totaling 67 units, the 78,000-square-foot community was built on

WoodBine Senior Living Announces Leadership Changes

TAMPA, Fla. — WoodBine Senior Living, a Tampa-based owner-operator, has announced a series of leadership changes. Donna LaRotonda, Chris Behm and Daryl McCombs are the new owners and managing partners of the company. Co-founders and former managing partners, Gloria Brock

JLL Arranges Sale, Financing for Claiborne Senior Living

AUGUSTA, Ga., and CHARLESTON, S.C. — JLL Capital Markets has advised CR Properties and Claiborne Senior Living on the sale of The Claiborne at West Lake and secured $9 million of construction financing for The Claiborne at Brickyard Crossing. The

Ziegler Arranges $9.6M Refinancing for Eskay Real Estate

UNION GROVE and LOMIRA, Wis. — Ziegler has arranged $9.6 million in refinancing on behalf of Eskay Real Estate, a family-owned post-acute care provider in Southeastern Wisconsin. The refinancing funded the acquisition of a previous partner’s majority interest and refinanced

Brookdale Opens Communities for Indoor Visits

NASHVILLE, Tenn. — A little over a year after visitor restrictions were put into place to help protect residents from COVID-19, Brookdale communities across the country are now able to lift those restrictions to allow both outdoor and indoor visits,

Watercrest Promotes Kim Sviben to Area Director of Operations

VERO BEACH, Fla. — Watercrest Senior Living Group has promoted Kim Sviben to the role of area director of operations, leading the company’s growing Southeast portfolio. Sviben joined the Watercrest family in 2017 as resident wellness director, later becoming executive