News

Allegro Senior Living Starts Construction of 177-Unit Community in New Jersey

by Jeff Shaw March 15, 2019

HARRINGTON PARK, N.J. — Allegro Senior Living, a St. Louis-based owner-operator, has started construction of a seniors housing community in Harrington Park.

March 15, 2019

SWIDA, Bywater Development Open $11M Affordable Community Near St. Louis

by Jeff Shaw March 15, 2019

SWANSEA, Ill. — Southwestern Illinois Development Authority (SWIDA) and Bywater Development Group, along with Bi-State Development and other key stakeholders, have opened the doors on an affordable seniors housing community in Swansea.

March 15, 2019

Finance 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

Development News Skilled Nursing

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

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