NEW YORK CITY — Dwight Capital, a New York City-based finance and investment firm, arranged $291.5 million in seniors housing and healthcare financings during fourth-quarter 2021. Featured among these transactions are bridge loans for Certus Portfolio, Solaris Portfolio and Epic Portfolio, which were funded through the firm’s commercial mortgage REIT, Dwight Mortgage Trust. Dwight provided a $89 million bridge acquisition loan for a 1,352-bed portfolio of 15 skilled nursing facilities located across Ohio. The borrower, Certus Healthcare Management, plans to invest in a capital expenditures plan to complete interior improvements …
ENGLEWOOD, Colo. — Lantz-Boggio Architects, an Englewood-based design company, has added David Fik, Jigna Hammers, Dwight Miller, Tyler Depew and Bill Foster as partners of the firm. The company says it hopes this new generation of partners will exemplify the firm’s dedication to client relations, quality assurance and design. This team provides expertise in business development, technology, architectural design, economics and operations. Lantz-Boggio has offices in Ft. Lauderdale, Florida, and Denver, Colorado, and a staff of over 40 architects and interior designers.
BOISE, Idaho — Blueprint Healthcare Real Estate Advisors has brokered the sale of Heritage of Boise, a 92-unit assisted living and memory care community in Boise. The seller shut down operations at the community in September, moving residents and staff to other properties in the area. Boise Rescue Mission acquired the property, and will rebrand it as Sonrise Transitional Housing. The property will now serve formerly homeless residents seeking independent living. The seller and price were not disclosed.
HOUSTON — Hicks Ventures, a Houston-based development company, has signed a $100 million joint venture agreement with Washington, D.C.-based Artemis Real Estate Partners to develop inpatient rehabilitation facilities and behavioral health hospitals. “This joint venture will give our operator partners surety of close and execution,” says Patrick Hicks, founder and CEO of Hicks Ventures. “More importantly, it will allow us to perform multiple unit facility transactions with our operator partners that will generate great efficiencies and cost savings.” Hicks Ventures and its principals — Patrick Hicks, David Steidley and Larry …
TALLAHASSEE, Fla. — LeadingAge Florida has promoted Dawn Jiménez to the position of chief operating officer. Jiménez most recently served as the association’s vice president of operations, where she was responsible for overseeing its continuing professional education, events, group purchasing, event exhibits and sponsorships. “Last year, her leadership and vision helped secure nearly $3 million in grant funding to bring quality improvement programs to our nursing home members, all while simultaneously overseeing our day-to-day operations,” says Steve Bahmer, LeadingAge Florida president and CEO. In her new role, Jiménez will continue …
LANGHORNE, Pa. — Tryko Partners has expanded its Greater Philadelphia real estate presence with the acquisition of the Attleboro Community, a continuing care retirement community in Langhorne. The 415-bed campus has been rebranded as Oxford Enhanced Senior Living. “Bucks County is a phenomenal market with a large senior population and strong hospital networks,” says Tryko’s Uri Kahanow, director of acquisitions. “The seller, Wilmac Corp., has done a fine job with this well-respected CCRC.” The campus’ skilled nursing facility, Oxford Rehabilitation & Healthcare Center, provides post-hospital care, short-term rehab and long-term …
CLEARWATER, Fla. — Elevate Senior Living has broken ground on an independent living, assisted living and memory care community in the Tampa beach suburb of Clearwater. According to Elevate, more than 22 percent of Clearwater residents are seniors, and the percentage is expected to climb. Meanwhile, more than 14 million seniors in need of senior living services cannot afford what is currently being offered. As a result, the 55,000-square-foot community is meant to help serve the middle market. Elevate Senior Living at Clearwater will consist of six unique households that …
ATHENS, Ala., and SPRING HILL, Tenn. — Birmingham-based Atlas Senior Living and Salta Capital are adding two new senior living communities in Alabama and Tennessee to their portfolios, bringing their total number of properties to 32. Atlas will be the owner-operator of the communities. The Goldton at Athens totals 75,824 square feet and 84 units total, comprising 12 independent living residences and 72 assisted living residences. The Goldton at Spring Hill totals 66,395 square feet and 79 units total, with 63 assisted living residences and 16 memory care residences. The …
RIDGEFIELD, Conn. — New England-based Senior Living Residences (SLR) has acquired a former Atria Senior Living Community in Ridgefield, located along the New York State border approximately 50 miles northeast of Manhattan. SLR is rebranding the community, which opened in 2020, as Ridgefield Station Senior Living. The number of units and type of care were not disclosed. “While it has only been a short time since SLR took on management of the community, we have already made some integral changes,” says Tadd Clelland, SLR’s president and CEO. “We have significantly …
WEST DES MOINES, Iowa — Lifespace Communities, a nonprofit operator based in West Des Moines, has appointed three veteran business leaders to its board of directors. The company added David S. Williams III, co-founder and CEO of Care3 Inc.; Gary Blackford, chairman of Avanos Medical Inc.; and Jonathan Sokeye, chief financial officer of Carolina Complete Health Inc. Celebrating its 45th anniversary this year across 14 continuing care retirement communities in seven states, Lifespace will leverage the three board members’ expertise in healthcare, corporate finance, data and operations as the organization …