News

NorthMarq Hires Lawrence Larisma to Charlotte Office

by Jeff Shaw March 6, 2019

CHARLOTTE, N.C. — NorthMarq has hired Lawrence Larisma to its Charlotte-based regional office as senior vice president.

March 6, 2019

Cadence Living Adds Dale Schall to Team as Director of Culinary Experience

by Jeff Shaw March 6, 2019

SCOTTSDALE, Ariz. — Cadence Living, a seniors housing owner, developer and operator based in Scottsdale, has hired Dale Schall as vice president of culinary experience.

March 6, 2019

News

Harrison Street Sells Six-Property, 887-Unit Portfolio in the Southeast

by Jeff Shaw March 5, 2019

CHICAGO — Harrison Street Real Estate Capital, a Chicago-based real estate investment firm, has sold six seniors housing communities in Alabama, Florida, Georgia and Tennessee.

March 5, 2019

Active Adult Development News

Allegro Opens Welcome Center at 168-Unit Active Adult Community Near Chicago

by Jeff Shaw March 5, 2019

GLENVIEW, Ill. — Allegro Senior Living has opened a welcome center for its second Avidor-branded active adult community, which will be located in Glenview, 18 miles northwest of downtown Chicago.

March 5, 2019

News Operations People

Greystone Health Network Hires Benchmark Veteran Stephanie Handelson as CEO

by Jeff Shaw March 5, 2019

TAMPA, Fla. — Greystone Healthcare Management, a Tampa-based operator of 28 skilled nursing facilities in Florida, has hired Stephanie Handelson as the company’s new CEO. Handelson succeeds Gerry Jenich, who served as interim CEO since February 2018.

March 5, 2019

News

Cushman & Wakefield Arranges Sale of Rhode Island Seniors Housing Portfolio

by Jeff Shaw March 5, 2019

PROVIDENCE, R.I. — Cushman & Wakefield Senior Housing Capital Markets has arranged the sale of three seniors housing communities in metro Providence.

March 5, 2019

Finance News People

Love Funding Names Mark Brunsma Senior Vice President, Director of Business Development

by Jeff Shaw March 5, 2019

WASHINGTON, D.C. — Love Funding, a Washington-based provider of FHA multifamily, affordable and healthcare financing, has promoted Mark Brunsma to senior vice president and director of business development.

March 5, 2019

Finance M&T Realty Capital Corporation News

M&T Funds $16.1M Freddie Mac Loan for Property in Kansas

by Jaime Lackey March 4, 2019

WICHITA, Kan. — M&T Realty Capital Corp. has closed a $16.1 million Freddie Mac loan to refinance a 118-unit seniors housing property in Wichita. The 15-year, fixed-rate loan is structured with a 30-year amortization. Matthew Pipitone of M&T Realty Capital Corp.’s Baltimore office led the transaction in collaboration with Jon Leister of M&T Bank’s Syracuse office.

March 4, 2019

Assisted Living News

29th Street Capital Acquires Assisted Living Community in Atlanta Suburbs

by Jeff Shaw March 4, 2019

NORCROSS, Ga. — 29th Street Capital (29SC), a real estate investment and advisory firm, has acquired Shekinah Home in Norcross, approximately 18 miles northeast of Atlanta.

March 4, 2019

News

Blueprint Negotiates Sale of 87-Unit Community Near San Diego

by Jeff Shaw March 4, 2019

SAN DIEGO — Blueprint Healthcare Real Estate Advisors has brokered the sale of an 87-unit assisted living and memory care community in North County, just outside San Diego.

March 4, 2019

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