News

CBRE Arranges $55.5M Refinancing for CCRC in Houston

by Jeff Shaw August 21, 2019

HOUSTON — CBRE has arranged $55.5 million refinancing for The Village of River Oaks, a Class A, 198-unit continuing care retirement community (CCRC) in Houston.

August 21, 2019

Active Adult Development News North Carolina

Cambridge Village Breaks Ground on 205-Unit Active Adult Community in Raleigh

by Jeff Shaw August 21, 2019

RALEIGH, N.C. — Cambridge Village Optimal Living has broken ground on The Cambridge at Brier Creek, a 205-unit active adult community in Raleigh.

August 21, 2019

Development Massachusetts News

Capitol Seniors Housing Completes 81,500 SF Community Near Boston

by Jeff Shaw August 21, 2019

ANDOVER, Mass. — Capitol Seniors Housing has completed construction of Stone Hill at Andover, located in the northern Boston suburb of Andover.

August 21, 2019

Acquisitions California News

Mogharebi Group Arranges $34.4M Sale of Age-Restricted Community in San Gabriel Valley

by Jeff Shaw August 20, 2019

HACIENDA HEIGHTS, Calif. — The Mogharebi Group (TMG) has brokered the sale of Sagewood Gardens, an age-restricted community located on Gale Avenue in Hacienda Heights. A San Gabriel Valley-based private investor acquired the asset from a Los Angeles-based private owner for $34.4 million.

August 20, 2019

News People

Summit Healthcare REIT Promotes Kent Eikanas to CEO, Elizabeth Pagliarini To COO

by Jeff Shaw August 20, 2019

LAKE FOREST, Calif. — Summit Healthcare REIT has promoted Kent Eikanas to chief executive officer and Elizabeth Pagliarini to chief operating officer. Pagliarini will continue to serve in her previous role of CFO as well.

August 20, 2019

Acquisitions California News

JCH Brokers Sale of 23-Unit Boutique Community in California’s Central Coast

by Jeff Shaw August 20, 2019

SANTA BARBARA, Calif. — JCH Senior Housing Investment Brokerage has arranged the sale of a boutique, 23-unit assisted living and memory care facility on the Central Coast of California.

August 20, 2019

Alabama Development News

Phoenix Senior Living Prepares to Open 136-Unit Community in Birmingham

by Jeff Shaw August 16, 2019

BIRMINGHAM, Ala. — Phoenix Senior Living has opened the sales trailer at one of its newest properties, The Bluffs at Greystone in Birmingham.

August 16, 2019

Acquisitions Illinois News Skilled Nursing

Blueprint Brokers Sale of Three-Property Skilled Nursing Portfolio in Illinois

by Jeff Shaw August 16, 2019

SIOUX FALLS, S.D. — Blueprint Healthcare Real Estate Advisors has negotiated the sale of three skilled nursing facilities totaling 279 beds in northwest Illinois.

August 16, 2019

Acquisitions Independent Living News Wisconsin

SLIB Negotiates Sale of 114-Unit Community in Wisconsin

by Jeff Shaw August 16, 2019

RACINE, Wis. — Senior Living Investment Brokerage has arranged the sale of Atrium of Racine and Bay Pointe at the Atrium, a senior living campus about 25 miles south of Milwaukee in Racine.

August 16, 2019

Finance New York News Skilled Nursing

Contemporary Provides $2.1M Mezzanine Loan for Skilled Nursing Refinancing in Western New York

by Jeff Shaw August 16, 2019

NEWFANE, N.Y. — Contemporary Healthcare Capital has provided a $2.1 million mezzanine loan to refinance a skilled nursing facility in Newfane, located along Lake Ontario north of Buffalo.

August 16, 2019

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