News

Chicago Pacific Founders Acquires 101-Unit Community in Arizona for $27M

by Jeff Shaw July 10, 2019

SCOTTSDALE, Ariz. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired The Ranch Estates at Scottsdale, a 101-unit senior living community.

July 10, 2019

Acquisitions Assisted Living Florida News

SLIB Arranges $5.3M Sale of Assisted Living Community in Florida

by Jeff Shaw July 10, 2019

LAKE ALFRED, Fla. — Senior Living Investment Brokerage has arranged the sale of Southern Gardens, a 67-unit assisted living community in Lake Alfred, approximately midway between Tampa and Orlando.

July 10, 2019

Acquisitions News Skilled Nursing South Carolina

Colliers Brokers Sale of 64-Bed Facility in Columbia, South Carolina

by Jeff Shaw July 10, 2019

COLUMBIA, S.C. — Colliers International has brokered the sale of a 64-bed skilled nursing and assisted living community in Columbia.

July 10, 2019

Affordable Housing Development News Texas

Highridge Costa Opens $21M Affordable Community in Cibolo, Texas

by Jeff Shaw July 9, 2019

CIBOLO, Texas — California-based Highridge Costa Development Co. has opened El Sereno Senior Living, a $21 million community in Cibolo, a northeastern suburb of San Antonio.

July 9, 2019

Company News News People

Trilogy Health Services Promotes COO Leigh Ann Barney to CEO as Randall Bufford Transitions to Chairman of the Board

by Jeff Shaw July 9, 2019

LOUISVILLE, Ky. — Randall Bufford, president and CEO of Trilogy Health Services, has announced he will transition to the role of chairman of the board, effective Oct. 1. Leigh Ann Barney, Trilogy’s chief operating officer, will be promoted to president and CEO upon Bufford’s move.

July 9, 2019

Affordable Housing Development Georgia News

Monarch Private Capital Invests in $20M Affordable Complex Near Atlanta

by Jeff Shaw July 9, 2019

COVINGTON, Ga. — Monarch Private Capital (MPC) has invested $20 million of equity in Harmony at Covington Apartments, a 122-unit affordable seniors housing community in Covington, through the low-income housing tax credit (LIHTC) program.

July 9, 2019

Finance News People

Capital One Hires Three to Multifamily Division

by Jeff Shaw July 9, 2019

MCLEAN, Va. — Capital One has made multiple additions to its Multifamily Finance division, including three who will work with seniors housing.

July 9, 2019

Development Illinois News

Aman Living Completes First Phase of Multicultural Community in Illinois

by Jeff Shaw July 8, 2019

HANOVER PARK, Ill. — Aman Living will hold a grand opening on July 14 for the clubhouse at Verandah Senior Living, a seniors housing community in Hanover Park, approximately 30 miles west of Chicago.

July 8, 2019

Development Georgia News

Watercrest, Waypoint Near Completion of 107-Unit Community Near Atlanta

by Jeff Shaw July 8, 2019

NEWNAN, Ga. — Watercrest Senior Living Group and Waypoint Residential have nearly completed construction of Watercrest Newnan Assisted Living and Memory Care in Newnan, a southern suburb of Atlanta.

July 8, 2019

Development Georgia News

Sterling Estates Opens Second Residential Building at Community in Marietta, Georgia

by Jeff Shaw July 8, 2019

MARIETTA, Ga. — Owner-operator Sterling Estates has completed the latest phase in its retirement neighborhood Sterling Estates of West Cobb, located in the northwest Atlanta suburb of Marietta.

July 8, 2019

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