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.
BROOKLINE, Mass. — Welltower has acquired the former Newbury College campus in the first-ring Boston suburb of Brookline for $34 million. The REIT plans to convert the property to seniors housing.
CHULA VISTA, Calif. — The Mogharebi Group (TMG) has arranged the sale of Pacific Pointe Active Senior Living, a 111-unit active adult community in Chula Vista.
COLLEGEVILLE, Pa. — Providence Place, a family-owned senior living company founded by former Pennsylvania governor George Leader, has opened a new location in Collegeville, a tiny borough approximately 25 miles northwest of Philadelphia.
SPRINGFIELD, Ill. — Elevation Financial Group has acquired two affordable seniors housing communities in Springfield, located between Chicago and St. Louis, for a total price of $10.7 million.
OGDEN, Utah — Blueprint Healthcare Real Estate Advisors has arranged the sale of Washington Terrace Center, a 120-bed skilled nursing facility in Ogden, a northern suburb of Salt Lake City.
