News

McShane Starts Construction of 198-Unit Active Adult Community in Metro Atlanta

by Jeff Shaw November 5, 2019

COVINGTON, Ga. — McShane Construction Co. has started work on Legends of Covington, a 198-unit active adult community in the Atlanta suburb of Covington.

November 5, 2019

Finance News

Capital One Provides $285M Refinancing for 13-Property Prime Care Portfolio

by Jeff Shaw November 5, 2019

NEW YORK CITY — Capital One Healthcare, a New York-based lender, has provided a $285 million bridge loan to refinance a portfolio of 13 senior living communities owned by Prime Care.

November 5, 2019

Development Florida News

Caddis Prepares to Open 191,000 SF Community in Venice, Florida

by Jeff Shaw November 5, 2019

VENICE, Fla. — Caddis has opened a sales office at Heartis Venice in Gulf Coast city of Venice, with the community scheduled to open its doors in summer 2020.

November 5, 2019

Acquisitions Assisted Living Georgia News

SLIB Arranges Sale of 115-Unit Portfolio in North Georgia

by Jeff Shaw November 5, 2019

CANTON and JASPER, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Windsor House Assisted Living in Canton and Windsor Lodge in Jasper for an undisclosed price.

November 5, 2019

Missouri News People

Arrow Senior Living Management Hires Tracy Cecil as Regional Director for St. Louis

by Jeff Shaw November 5, 2019

ST. CHARLES, Mo. — Arrow Senior Living Management, a St. Charles-based senior living community sales and management company, has hired Tracy Cecil as regional director for operations in the St. Louis region.

November 5, 2019

Acquisitions News People

Merrill Gardens Rehires Tana Gall as President, Acquires Her Operations Company Blue Harbor

by Jeff Shaw November 4, 2019

SEATTLE, Wash. — Merrill Gardens has named Tana Gall president of the Seattle-based owner-operator, replacing David Eskenazy who recently announced his retirement. Gall will lead the company in all aspects of operations when she takes over leadership responsibilities at the end of the year.

November 4, 2019

Acquisitions Company News Finance News

ORIX USA to Acquire Hunt Real Estate Capital

by Jeff Shaw November 4, 2019

NEW YORK CITY — ORIX Corp. USA, the U.S. and Latin American business hub of Tokyo-based ORIX Corp., has agreed to acquire multifamily finance firm Hunt Real Estate Capital LLC, an affiliate of Hunt Cos. Inc.

November 4, 2019

Acquisitions CCRC News Oklahoma

Covenant Living Acquires 343-Unit CCRC in Tulsa

by Jeff Shaw November 4, 2019

TULSA, Okla. — Covenant Living Communities and Services has acquired Inverness Village, a continuing care retirement community (CCRC) in Tulsa, for an undisclosed price.

November 4, 2019

Features News

Ziegler, LeadingAge Release Largest Nonprofit Senior Living Provider Rankings

by Jeff Shaw November 4, 2019

Ziegler and LeadingAge have released the 16th edition of the LeadingAge Ziegler 200 (LZ 200) publication. The report details the nation’s 200 largest nonprofit senior living providers, as well as relevant business trends for the industry.

November 4, 2019

Assisted Living Development News Wisconsin

Pathway to Living, Caddis Open Heartis Village Brookfield in Wisconsin

by Jeff Shaw November 4, 2019

BROOKFIELD, Wis. — Pathway to Living and Caddis Healthcare Real Estate have opened Heartis Village Brookfield, an assisted living and memory care community in Brookfield, a suburb of Milwaukee.

November 4, 2019

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