HATTIESBURG, Miss. — Hunt Capital Partners has committed $13.2 million in federal low-income housing tax credit, federal historic tax credit and state historic tax credit equity financing for Preservation Crossing, an affordable seniors housing project in Hattiesburg. …
WHITE HALL, Ark. — Strawberry Fields REIT LLC has acquired The Waters of White Hall, a skilled nursing in White Hall, approximately 35 miles south of Little Rock, for $6.9 million.…
BARTLETT, Ill. — Love Funding has closed a $4.7 million loan to refinance Victory Centre of Bartlett Senior Apartments, an age-restricted community in Bartlett, approximately 30 miles northwest of Chicago.…
SAN ANTONIO — Ascend Partners LLC has acquired Lakeside Assisted Living, a seniors housing community in West San Antonio, and is reopening it as The Grandview of Westover Hills.…
NIANTIC, Conn. — Benchmark has hired Jessica Colangelo as the new executive director at Crescent Point at Niantic, an assisted living community in Niantic, a coastal village located across the Long Island Sound from The Hamptons.…
ST. LOUIS — HJ Sims has arranged $92.4 million in bond financing for Lutheran Senior Services (LSS), a St. Louis-based nonprofit owner-operator of 17 continuing care retirement communities throughout Missouri and Illinois.…
ALABAMA — Blueprint has arranged the sale of 10 seniors housing communities located throughout the Southeast for an undisclosed price.…
SHREWSBURY, N.J. — Investment and development firm Capitol Seniors Housing and operator Chelsea Senior Living have opened The Chelsea at Shrewsbury, an assisted living and memory care community located approximately 20 miles south of New York City.…
ATLANTA — LTC Properties Inc. (NYSE: LTC) has closed on a $6.8 million mezzanine loan for the construction of Corso Atlanta, a nine-acre campus in the Buckhead area of Atlanta.…
MICHIGAN and OHIO — Knapp Group Seniors Housing Advisors has arranged two seniors housing property sales, one in Southeast Michigan and another in Northeast Ohio, each for $6.5 million.…
VISTA, Calif. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Vista Gardens, a 71-unit memory care community in Vista, located between San Diego and Los Angeles.…
AKRON, Ohio, and CHICAGO — Sentrics, a Chicago-based technology firm serving the seniors housing industry formerly known as SeniorMetrics, has announced plans to acquire SeniorTV.…
CANTON, Mass. — HJ Sims has arranged $20 million in bonds to refinancing for Orchard Cove, a continuing care retirement community in Canton, approximately 15 miles south of Boston.…
BRIDGEWATER, N.J. — LCS has hired Brian Alexopoulos as the new executive director at Laurel Circle, a 28-acre continuing care retirement community serving more than 200 seniors. …
FAIRFIELD, Calif. — Cushman & Wakefield Senior Housing Capital Markets has arranged a $26.4 million first mortgage loan to refinance Rockville Terrace, an assisted living community in the Bay Area city of Fairfield.…
LEOMINSTER, Mass. — KeyBank Real Estate Capital has originated a $12.2 million Fannie Mae, first mortgage loan for Sunrise of Leominster in Leominster, approximately 40 miles west of Boston. …
VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based owner-operator, has hired Judi Donovan as vice president of startup operations and Julio Trejo as national director of culinary. Both roles are newly created positions within the company.…
NEWTON, Mass. — Publicly traded REIT Seniors Housing Properties Trust (NASDAQ: SNH) and publicly traded operator Five Star Senior Living (NASDAQ: FVE) have restructured their business relationships regarding the 261 seniors housing properties owned by SNH and operated by FVE.…
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE), a publicly traded investor based in San Clemente, has acquired 12 seniors housing communities totaling 1,734 beds in Texas and Louisiana for $211 million.…
CIBOLO, Texas — Gardena, California-based Highridge Costa Development Company and Dallas-based Casa Linda Development Corporation have opened El Sereno Senior Living, an affordable seniors housing community in Cibolo, approximately 20 miles northeast of downtown San Antonio.…
ST. PETERSBURG, Fla. — Solutions Advisors Group (SAG) has appointed three new employees to senior positions. St. Petersburg-based SAG is the parent company of Solvere Living, the operations management division, and Solutions Advisors, the marketing, advertising, sales, consulting services and…
IRVINE, Calif. and DALLAS — A court has approved a settlement agreement between Irvine-based Sabra Health Care REIT Inc. (NASDAQ: SBRA) and Senior Care Centers, a Dallas-based operator that declared bankruptcy in December.…
WASHINGTON, D.C. — A recent court settlement between several civil rights organizations and social media giant Facebook may have unintended consequences for seniors housing operators, according to the American Seniors Housing Association (ASHA), a D.C.-based advocacy group serving seniors housing…
SPRINGFIELD, Va. — National Senior Campuses Inc. has elected Michelle Bohreer to chair its board of directors. …
BLOOMFIELD HILLS, Mich. — American House Senior Living Communities has promoted Sheila Darga to vice president of operations for the senior living organization’s licensed communities in the Midwest and Northeast.…
LOS ANGELES — It’s no secret there’s a lot of capital chasing seniors housing deals. REITs aren’t selling, Boomers are still aging, and investors have a pool of money that doesn’t have a home. That’s according to panelists at InterFace…
CULPEPER, Va. — LifeSpire of Virginia has scheduled a May 10 grand opening for expansion of The Cupeper, a seniors housing community in Culpeper, approximately 65 miles southwest of Washington, D.C.…