LANCASTER, Pa. — Presbyterian Senior Living (PSL) has unveiled plans for LongCrest, an affordable seniors housing apartment complex in Lancaster, approximately between Philadelphia and the state capital of Harrisburg.
KENTWOOD, Mich. — Pathway to Living has completed $2.1 million in capital improvements at Azpira Place of Breton, an 81-unit assisted living and memory care community in Kentwood, just southeast of Grand Rapids.
SAVANNAH and SANDY SPRINGS, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sales of Insignia of Savannah, located in coastal southern Georgia, and Insignia of Sandy Springs, located just north of Atlanta.
PLAINFIELD, Conn. — Greystone, has provided $7.1 million in bridge financing for the acquisition of Colonial Health & Rehab, a 90-bed skilled nursing facility in Plainfield.
TEXAS — Capital Funding LLC has provided a total of $18.5 million in bridge-to-HUD financing for the acquisition of four skilled nursing facilities in Texas.
DALLAS — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired Lakewest Rehabilitation & Skilled Care, a 118-bed skilled nursing facility in Dallas, for approximately $10 million.
HICKORY, N.C. — Affinity Living Group, a Hickory-based operator, has promoted Neal Lail to chief operating officer and Sheila Madigan to senior vice president of sales and marketing.