NASHVILLE, Tenn. — Evans Senior Investments (ESI) has arranged the sale of The Waterford in Hermitage, a 94-unit assisted living and memory care community in the Hermitage neighborhood of Nashville.
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MODESTO and SACRAMENTO, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired two healthcare facilities in California’s Central Valley in a pair of off-market transactions.
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TARPON SPRINGS, Fla. — KR Management LLC is the new licensed operator of Addington Place of East Lake, an assisted living community in Florida.
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VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based owner-operator, has hired Carlos Keith to its executive leadership team in the role of sales specialist. Keith will support sales and marketing leadership for all senior living communities in
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ABINGTON TOWNSHIP, Pa. — HJ Sims has arranged $61.6 million in financing for an expansion project at Rydal Park, a continuing care retirement community (CCRC) in Abington Township, approximately 10 miles north of Philadelphia.
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EAGLE, Idaho — The Pennant Group Inc. (NASDAQ: PNTG), the Eagle-based parent company of operating subsidiaries that provide home health, hospice and senior living services, has completed its spin-off from The Ensign Group Inc. (NASDAQ: ENSG).
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WILKES-BARRE, Pa. — Senior Living Investment Brokerage has arranged the sale of Little Flower Manor and St. Therese Residence, as well as St. Luke’s Villa, both in Wilkes-Barre, which is in Northeastern Pennsylvania.
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KANSAS CITY, Mo., and OKLAHOMA CITY — GlynnDevins, a Kansas City-based marketing firm serving the senior living sector, has acquired Murdock, an Oklahoma City-based, senior living-focused sales consulting company.
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IRVINE, Calif., and BRENTWOOD, Tenn. — Two of the largest publicly traded companies in the seniors housing space — Irvine based REIT HCP (NYSE:HCP) and Brentwood-based owner-operator Brookdale Senior Living (NYSE: BKD) — have announced a series of transactions totaling
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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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CINCINNATI, WEST CHESTER, Ohio, and FORT THOMAS, Ky. — KeyBank Real Estate Capital (KBREC) has provided $88 million in HUD financing to Northwind Group for the refinancing a four-property seniors housing portfolio.
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CHICAGO — Evergreen Real Estate Group has completed construction of Independence Apartments, a six-story, 44-unit affordable seniors housing community located above the new Independence Branch Library in Chicago’s Irving Park neighborhood.
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JEFFERSON COUNTY, Colo. — Lancaster Pollard, a division of ORIX Real Estate Capital, has assisted Applewood Our House in refinancing a portfolio of five memory care facilities in Jefferson County.
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NOVI, Mich. — Oxford Finance LLC has arranged a $109.8 million term loan to Optalis Healthcare, a Novi-based skilled nursing owner.
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DANVILLE, Ky. — Trilogy Management Services and DMK Development Group have broken ground on a seniors housing community in Danville, approximately 30 miles southwest of Lexington.
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CHICAGO — Waterton, a national real estate investor and operator, has hired Stella Pappas as a vice president of investor relations on the firm’s Chicago-based investor relations team.
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LYNCHBURG, Va. — SunTrust Banks Inc. has provided $30.9 million in Fannie Mae financing for Liberty Ridge, a 171-unit independent living and assisted living community in Lynchburg.
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OAK BROOK, Ill. — Inland Private Capital Corp. (IPC), an Oak Brook-based alternative investment management firm, has launched a new investment platform focused on acquiring, owning and managing senior living communities in the United States.
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ARVADA, Colo. — Holiday Retirement will assume management of Kipling Meadows, an independent living community in Arvada, on Oct. 1.
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FORT MYERS, Fla. — The Weitz Company and Shell Point Retirement Community have broken ground on Waterside Health Center, a 195,141-square-foot skilled nursing facility in Ft. Myers.
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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.
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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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ESCONDIDO, Calif. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired Vista del Lago, a memory care facility in Escondido, for $12.6 million.
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ATLANTA — Village Park has broken ground on Corso Atlanta, a luxury senior living community in Atlanta’s upscale Buckhead neighborhood.
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GREENVILLE, Del. — Acts Retirement-Life Communities is set to begin work on a $70 million expansion at Country House, a continuing care retirement community in Greenville, a suburb of Wilmington.
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NEWTON, Mass. — Senior Housing Properties Trust (NASDAQ: SNH) has completed the sale of a15-facility skilled nursing portfolio for a combined sales price of $8 million.
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CHICAGO — The National Investment Center for Seniors Housing & Care (NIC) has added PointClickCare as its newest NIC actual rates software partner, further enhancing NIC’s analytics.
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