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Kisco Senior Living Hires Mizuki Sato-Berkeland as National Director of Environmental Health, Safety

by Jeff Shaw

CARLSBAD, Calif. — Kisco Senior Living has hired Mizuki Sato-Berkeland as its national director of environmental health and safety. Sato-Berkeland previously worked in healthcare process and quality improvement at UCLA Health System and has a background in community outreach and emergency preparedness. She holds a bachelor’s degree from the University of California, Los Angeles and a Master of Public Health from Columbia University. “I’ve always had an interest in senior living because of the relationships I have with my grandparents and parents,” says Sato-Berkeland. “Now, I am able to learn …

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NewsOperationsPeople

Cadence Living Hires Deborah Osterhaudt as Regional Vice President of Operations in the Southeast

by Jeff Shaw

SCOTTSDALE, Ariz. — Cadence Living has hired Deborah Osterhaudt as vice president of operations for the Southeast region. Osterhaudt will have principal responsibility for operational success of Cadence’s growing portfolio of senior living communities in the Southeast. She has over 21 years of experience in caring for seniors and seniors housing operations as well as holding regional sales and marketing positions Prior to joining Cadence, Osterhaudt held regional operations and marketing roles with The Arbor Company, Principal Senior Living Group, Thrive Senior Living and Brickmont Assisted Living. She will be …

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AcquisitionsAssisted LivingNewsOregon

SLIB Brokers $15.7M Sale of The Grove and The Gardens in Forest Grove, Oregon

by Jeff Shaw

FOREST GROVE, Ore. — Senior Living Investment Brokerage (SLIB) has arranged the sale of The Grove and The Gardens, a 92-unit assisted living and memory care community in Forest Grove, approximately 25 miles west of Portland. A family retiring from the industry sold the property to a regional owner-operator for $15.7 million. The community was built in 1996, with memory care added in 2000. The facility is approximately 63,000 square feet and is situated on approximately 2.7 acres of land plus an additional one-acre lot. The buyer plans to remodel …

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DevelopmentFinanceNewsTexas

HJ Sims Arranges $2.8M PACE Financing for Redevelopment Project in Houston

by Jeff Shaw

HOUSTON — HJ Simshas arranged $2.8 million PACE financing, a government program that funds energy efficiency and renewable energy improvements on private property, on behalf of StoneCreek Real Estate Partners. The financing will help fund construction of The StoneCreek of Copperfield, a 104-unit redevelopment of the Copperfield Racquet and Health Club, a longtime landmark of Northwest Houston for more than 30 years. The 104-unit independent living, assisted living and memory care project was announced in January. The operator will be Civitas. While assisting StoneCreek in its search for financing alternatives, …

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NewsOperationsPeopleTexas

Buckner Retirement Services Names Shane Gabis as Executive Director of Community in Beaumont, Texas

by Jeff Shaw

BEAUMONT, Texas — Buckner Retirement Services has named Shane Gabis as the executive director of Buckner Calder Woods in Beaumont, located east of Houston near the Louisiana border. Gabis previously worked for senior living provider Life Care Services in various capacities, including the past 10 years as a community executive director. He also served as a team leader in operational reviews and as a health care administrator. Located in Beaumont’s growing west end, Calder Woods is a 17-acre community providing affordable senior living. The continuing care retirement community offers a …

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DevelopmentNewsTexas

Civitas, Journey Capital Break Ground on Harvest of Aledo in Texas

by Jeff Shaw

ALEDO, Texas — Civitas Senior Living, a senior living management company, and Journey Capital, a senior housing development company, have broken ground on the Harvest of Aledo Senior Living, a luxury independent living, assisted living and memory care community in Aledo, approximately 20 miles west of Fort Worth. The development marks the third collaboration between Civitas and Journey Capital and the second Harvest Senior Living development. The new, 68,000-square-foot community will be situated on 7.5 acres featuring 20 independent living villas as well as 67 assisted living and 24 memory …

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CaliforniaFinanceNews

Lument Provides $28M Fannie Mae Refinancing for La Vida Del Mar in Solana Beach, California

by Jeff Shaw

SOLANA BEACH, Calif. — Lument has provided a $28 million Fannie Mae refinancing for La Vida Del Mar, a 105-unit assisted and independent living community in Solana Beach, approximately 20 miles north of San Diego. The borrower is Senior Resource Group and its equity partner, Collins Development Co. Doug Harper of Lument’s Western region seniors housing and healthcare production team led the transaction. The loan features a 10-year term, five years of interest-only payments and 30-year amortization. In addition to refinancing existing debt, the closing provided cash-out proceeds.

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AcquisitionsMemory CareNewsTexas

Heavenrich & Co. Arranges Sale of Pathways Memory Care in Houston

by Jeff Shaw

HOUSTON — Heavenrich & Co. has arranged the sale of Pathways Memory Care, a 60-unit skilled nursing memory care facility located in Northwest Houston. Pathways was built in 2014 on an 80-acre medical campus that includes the Kelsey Seybold Clinic and Villa Toscana, an 86-unit skilled nursing facility that Heavenrich sold in 2020. StoneGate Senior Living, a national owner-operator sold the property to an undisclosed buyer for an undisclosed price. In preparing for the sale, StoneGate converted the property to private pay, established a new operator and worked with a …

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NewsPeople

Ryan Cos Promotes Jim McDonald To President of Great Lakes Region

by Jeff Shaw

CHICAGO — Ryan Cos. US Inc., a Chicago-based commercial real estate services company, has promoted Jim McDonald to president of the Great Lakes Region. McDonald most recently served as senior vice president, market leader of the region. Tim Hennelly, past president of the Great Lakes Region, has elected to rejoin the development team to focus on new business and mentorship while McDonald will provide overall strategic vision and operational leadership for the region. McDonald joined Ryan in 1999, shortly after receiving his bachelor’s degree in construction management from the University …

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Company NewsNewsPeople

Sunrise Names Jack Callison as CEO, Dan Guill Takes Over at Enlivant

by Jeff Shaw

McLEAN, Va. — Sunrise Senior Living has appointed Jack Callison Jr. to the role of chief executive officer for Sunrise Senior Living. Callison was selected after an executive search by Ferguson Partners following the December 2020 announcement that Chris Winkle will be leaving the company effective April 1. Callison comes to Sunrise from the CEO position at Enlivant, where he’s served since 2014 and will continue to act as chairman of the board of directors. Enlivant’s current president and chief operating officer Dan Guill will take over Callison’s former post. …

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