News

Dwight Capital Closes $13.8M in Bridge Financing

by Jeff Shaw March 15, 2019

NEW YORK CITY — Dwight Capital, a New York-based lender, has provided $13.8 million in seniors housing finance in four separate transactions.

March 15, 2019

Love Funding Arranges $10.5M Construction Loan for Skilled Nursing Facility in Arizona

by Jeff Shaw March 15, 2019

YUMA, Ariz. — Love Funding has secured a $10.5 million bridge-to-HUD construction loan for a transitional rehabilitation facility in Yuma.

March 15, 2019

News

Nonprofit Sells 21,711 SF Community in Florida for $2.8M

by Jeff Shaw March 15, 2019

LAKE CITY, Fla. — A nonprofit corporation has sold Waters West, a 21,711-square foot assisted living property in Lake City, approximately midway between Jacksonville and Tallahassee.

March 15, 2019

News People

Sabra Health Care REIT Appoints Juniper’s Lynne Katzmann to Board of Directors

by Jeff Shaw March 15, 2019

IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has appointed Lynne Katzmann to its board of directors.

March 15, 2019

News Skilled Nursing

Skilled Nursing Occupancy Stabilized in Q4 2018, Says NIC

by Jeff Shaw March 14, 2019

ANNAPOLIS, Md. — Occupancy at skilled nursing facilities in the United States held steady at 82.4 percent in the fourth quarter of 2018, virtually unchanged from the previous quarter and down less than half of one percentage point (0.4 percent) from the previous year.

March 14, 2019

News

CBRE Arranges $15M Sale of Two Communities in Orange, California

by Jeff Shaw March 13, 2019

ORANGE, Calif. — CBRE has arranged the sale of two seniors housing communities in Orange, approximately 33 miles southeast of downtown Los Angeles.

March 13, 2019

Development News

Hunt Midwest Acquires Senior Living Development Site in Gallatin, Tennessee

by Jeff Shaw March 13, 2019

GALLATIN, Tenn. — Hunt Midwest has acquired a six-acre plot in Gallatin, approximately 27 miles northeast of Nashville, with plans to build a seniors housing community on the site.

March 13, 2019

Company News News Technology

Los Angeles Jewish Home Forms the Brandman Research Institute to Develop Senior Care Protocol

by Jeff Shaw March 13, 2019

RESEDA, Calif. — The Los Angeles Jewish Home (LAJH), one of the largest providers of senior healthcare services in Los Angeles, has opened Brandman Research Institute (BRI), a center for research into best practices for geriatric health issues.

March 13, 2019

Development News

Pinnacle Housing Breaks Ground on 120-Affordable Community Near Miami

by Jeff Shaw March 12, 2019

HOLLYWOOD, Fla. — Pinnacle Housing Group, in partnership with the City of Hollywood, has broken ground on Pinnacle at Peacefield, an affordable housing development for seniors. Hollywood is located just north of Miami.

March 12, 2019

News

Capital Health Group Sells 534-Bed Portfolio in Southeastern Pennsylvania

by Jeff Shaw March 12, 2019

PENNSYLVANIA — Capital Health Group LLC (CHG) has arranged the sale of a four-community, 534-bed seniors housing portfolio in southeastern Pennsylvania.

March 12, 2019

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