News

SRI Opens 125-Unit Assisted Living Community in Florida

by Jeff Shaw May 23, 2019

LADY LAKE, Fla. — SRI Management LLC has opened Village Veranda, a 125-unit assisted living and memory care community in Lady Lake, approximately 50 miles northwest of Orlando.

May 23, 2019

Finance Kentucky News North Carolina Skilled Nursing

Greystone Provides $72M Bridge Financing for Skilled Nursing Portfolio in North Carolina, Kentucky

by Jeff Shaw May 23, 2019

NORTH CAROLINA and KENTUCKY — Greystone has provided $71.9 million in financing for the acquisition and refinance of an 874-bed skilled nursing facility portfolio.

May 23, 2019

Development Kansas News

Tutera Plans $1.5M in Renovations to The Atriums in Kansas

by Jeff Shaw May 23, 2019

OVERLAND PARK, Kan. — Tutera Senior Living & Healthcare has unveiled plans for a $1.5 million renovation project at The Atriums, a seniors housing community in the Kansas City suburb of Overland Park.

May 23, 2019

Finance News People

Bellwether Enterprise Appoints Senior Vice President to Lead New Seniors Housing Group

by Jeff Shaw May 23, 2019

CHICAGO — Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage-banking subsidiary of Enterprise Community Investment Inc., has hired Richard “Rick” Lynn as senior vice president to lead the company’s new Seniors Housing Group.

May 23, 2019

Finance News People

Monticello Asset Management Appoints F. Donald Kelly as Senior Managing Director

by Jeff Shaw May 23, 2019

NEW YORK CITY — Monticello Asset Management LLC, a specialized private real estate and asset-based lender, servicer and manager based in New York, has hired F. Donald Kelly III as senior managing director.

May 23, 2019

Acquisitions California Development News

Atria, Related Cos., Welltower Buy Former TV Studio in San Francisco for Seniors Housing Conversion

by Jeff Shaw May 22, 2019

SAN FRANCISCO — A joint venture between Related Cos. and Atria Senior Living, along with funding support from Welltower, has acquired the former KRON-TV headquarters in San Francisco, with plans to convert the property to seniors housing.

May 22, 2019

Affordable Housing Development Florida News

Housing Trust Group, Miami Jewish Health Open $36M Affordable Community in Florida

by Jeff Shaw May 22, 2019

PEMBROKE PINES, Fla. — Housing Trust Group (HTG) and Miami Jewish Health Systems (MJHS) have opened the doors on Douglas Gardens V, an affordable seniors housing community in the Miami suburb of Pembroke Pines.

May 22, 2019

Acquisitions Arkansas News Skilled Nursing

Strawberry Fields REIT Acquires Three Skilled Nursing Facilities in Arkansas for $14.3M

by Jeff Shaw May 22, 2019

NEWPORT, HOT SPRINGS and LITTLE ROCK, Ark. — Strawberry Fields REIT has acquired three skilled nursing facilities located in Arkansas for a total of $14.3 million.

May 22, 2019

Acquisitions California Finance News Skilled Nursing

Harborview Arranges $51.9M Acquisition Loan for Skilled Nursing Portfolio in California

by Jeff Shaw May 22, 2019

CALIFORNIA — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $51.9 million Bridge-to-HUD loan for the acquisition of six skilled nursing facilities across California.

May 22, 2019

Affordable Housing Development News Texas

ITEX Group, Austin Housing Authority Reopen Gaston Place Affordable Housing Community

by Jeff Shaw May 22, 2019

AUSTIN, Texas — The ITEX Group, in partnership with the Housing Authority City of Austin (HACA), has reopened Pathways at Gaston Place.

May 22, 2019

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