TENNESSEE, VIRGINIA and KENTUCKY — Healthcare Transactions Group has arranged the sale of a portfolio of 13 skilled nursing facilities, including five in Tennessee, six in Virginia and two in Kentucky.
TINTON FALLS, N.J. — Erickson Living has promoted Phil Jean to the position of executive director of Seabrook, a senior living community in Tinton Falls, approximately 35 miles south of Manhattan.
BURLESON, Texas — Abby Development has broken ground on Wilshire Senior Living, a 234-unit seniors housing development in Burleson, just south of Fort Worth.
ANNAPOLIS, Md. — Occupancy in U.S. skilled nursing facilities remained relatively stable at 83.3 percent in the second quarter of 2019, a decrease of 50 basis points from the first quarter but an increase of 50 basis points from a year ago.
SAVANNAH, Ga. — A joint venture between Phoenix Senior Living and Flournoy Development Group has unveiled plans for The Phoenix at Savannah, a 142-unit seniors housing community in Savannah.
COMMERCE and STONE MOUNTAIN, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two seniors housing communities totaling 94 units in North Georgia for $9.8 million.
NASHVILLE, Tenn. — Contemporary Healthcare Capital has provided a $500,000 mezzanine loan to affiliates of Opal Senior Living for the acquisition of an assisted living and memory care community in Nashville.
