News

Lancaster Pollard Arranges $42M Bridge Financing for Texas Skilled Nursing Portfolio

by Jeff Shaw May 28, 2019

TEXAS — Lancaster Pollard Mortgage Company has arranged two bridge loans totaling $42 million for The Aboretum Group.

May 28, 2019

Acquisitions Assisted Living Illinois News

Blueprint Negotiates $12.7M Bankruptcy Sale of Community Near Chicago

by Jeff Shaw May 28, 2019

AURORA, Ill. — Blueprint Healthcare Real Estate Advisors has arranged the Chapter 7 bankruptcy sale of Bright Oaks of Aurora, located in the Chicago suburb of Aurora,.

May 28, 2019

Affordable Housing Development Finance News Texas

Hunt Capital Partners Obtains $8.4M Financing for Affordable Development in Texas

by Jeff Shaw May 28, 2019

IRVING, Texas — Hunt Capital Partners, in partnership with co-developers Saigebrook Development and O-SDA Industries, has closed $8.4 million in federal low-income housing tax credit equity financing for the construction of Canova Palms.

May 28, 2019

Finance News People Virginia

HJ Sims Hires Tom Bowden as Vice President, Investment Banking

by Jeff Shaw May 28, 2019

RICHMOND, Va. — HJ Sims has hired Tom Bowden as vice president, investment banking. Located in Richmond, Bowden leads business development efforts in Virginia, the Carolinas and Georgia.

May 28, 2019

Company News Florida Georgia News Operations

Pegasus to Operate Four Omega Communities in Southeast

by Jeff Shaw May 28, 2019

LADY LAKE, Fla., and MCDONOUGH, Ga. — Pegasus Senior Living has partnered with Omega Communities of Birmingham, Alabama, to manage two new senior living communities under development in the Southeast.

May 28, 2019

Acquisitions Company News News Virginia

Invesque to Acquire Commonwealth Senior Living for $340.4M

by Jeff Shaw May 24, 2019

CHARLOTTESVILLE, Va. — Invesque Inc. (TSX: IVQ), an Indiana-based seniors housing owner and developer that trades on the Toronto Stock Exchange, has agreed to acquire Charlottesville-based owner-operator Commonwealth Senior Living.

May 24, 2019

Development News Pennsylvania

CA Senior Living Starts Construction of 192-Unit Community in Suburban Philadelphia

by Jeff Shaw May 24, 2019

WAYNE, Pa. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has started construction of Anthology of King of Prussia, a 192-unit senior living community in Wayne, approximately 17 miles northwest of Philadelphia.

May 24, 2019

Acquisitions Assisted Living Michigan News

NHI Acquires Assisted Living Facility in Michigan for $13.5M

by Jeff Shaw May 24, 2019

BRIGHTON, Mich. — National Health Investors Inc. (NYSE: NHI) has acquired Brighton Manor, a 73-unit assisted living/memory care facility in Brighton, approximately 45 miles northwest of Detroit.

May 24, 2019

Acquisitions News Pennsylvania Skilled Nursing Virginia

Blueprint Negotiates Sale of 12-Property Skilled Nursing Portfolio in Virginia, Pennsylvania

by Jeff Shaw May 24, 2019

VIRGINIA and PENNSYLVANIA — Blueprint Healthcare Real Estate Advisors has arranged the sale of 12 skilled nursing properties known as the Envoy Portfolio.

May 24, 2019

Assisted Living Development Florida 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

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