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.
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.
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.
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.
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.
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.
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.