News

Monticello Provides $37.8M Acquisition Financing for 328-Bed Skilled Nursing Portfolio in New Jersey

by Jeff Shaw February 8, 2019

NEW JERSEY — Monticello Asset Management LLC has provided $37.8 million in first lien debt financing for the acquisition of two skilled nursing properties totaling 328 beds in New Jersey.

February 8, 2019

News Skilled Nursing

SLIB Negotiates $13.6M Sale of 174-Bed Facility in Reno

by Jeff Shaw February 8, 2019

RENO, Nev. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Regent Care Center, a 174-bed skilled nursing facility in Reno.

February 8, 2019

News

Veritas, Curis Capital Acquire 107-Unit Community Near St. Louis

by Jeff Shaw February 8, 2019

HERCULANEUM, Mo. — Veritas Senior Living and Curis Capital have acquired Autumn Ridge, a new seniors housing community in the St. Louis suburb of Herculaneum.

February 8, 2019

News People Technology

OnShift Hires Ray Desrochers as President, COO

by Jeff Shaw February 8, 2019

CLEVELAND — OnShift, an HR software company serving the seniors housing industry, has hired Ray Desrochers as president and chief operating officer.

February 8, 2019

News People

ASHA’s Senior Living Hall of Fame Inducts Three New Members

by Jeff Shaw February 7, 2019

RANCHO PALOS VERDES, Calif. — The American Seniors Housing Association (ASHA) welcomed the second class of inductees into the Senior Living Hall of Fame on Jan. 31 during the association’s 2019 annual meeting at the Terranea Resort in Rancho Palos Verdes, California.

February 7, 2019

News

NHI Buys 232-Unit Holiday Community in Florida for $38M

by Jeff Shaw February 7, 2019

VERO BEACH, Fla. — National Health Investors (NYSE: NHI) has acquired the Isles of Vero Beach, a senior living community in Vero Beach, for $38 million.

February 7, 2019

Finance News

Capital One Provides $250M Credit Facility to Brookdale

by Jeff Shaw February 7, 2019

BRENTWOOD, Tenn. — Capital One has served as lead arranger and sole bookrunner on an amended agreement for Brookdale Senior Living’s revolving credit facility.

February 7, 2019

News Skilled Nursing

CareTrust Purchases 128-Bed Skilled Nursing Facility in Illinois for $9M

by Jeff Shaw February 7, 2019

MT. CARMEL, Ill. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired Oakview, a skilled nursing and supportive living campus in Mt. Carmel, located in the southern portion of Illinois along the Indiana border.

February 7, 2019

News People

Atlas Senior Living Hires Jennifer Speigner as CFO

by Jeff Shaw February 7, 2019

BIRMINGHAM, Ala. — Atlas Senior Living, a Birmingham-based owner-operator, has hired Jennifer Speigner as chief financial officer. She will oversee all financial aspects, HR and compliance for the company.

February 7, 2019

Investment News People

Harrison Street Adds Briana Succop to Marketing Team

by Jeff Shaw February 7, 2019

CHICAGO — Harrison Street, a Chicago-based investment firm dedicated to the education, healthcare and storage sectors, has hired Briana Succop to the firm’s client services and marketing team as vice president.

February 7, 2019

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