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Company News News

Sabra, Holiday Restructure from Lease to Management Agreement for 21-Property Portfolio

by Jeff Shaw January 2, 2019

IRVINE, Calif., and WINTER PARK, Fla. — Irvine-based Sabra Health Care REIT Inc. (NASDAQ: SBRA) has canceled its master lease with Winter Park-based independent living operator Holiday Retirement, concurrently entering into management agreements between the two companies.

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January 2, 2019

Company News News People

New Senior Hires David Smith as CFO as Part of Management Internalization Plan

by Jeff Shaw January 2, 2019

NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) has hired David Smith as executive vice president and chief financial officer and Bhairav Patel as executive vice president of finance and accounting.

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January 2, 2019

News Skilled Nursing

CareTrust Purchases 154-Bed Skilled Nursing Facility in Parker, Colorado

by Jeff Shaw January 2, 2019

PARKER, Colo. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired Avantara Crown Point, a 154-bed skilled nursing facility in Parker, approximately 25 miles southeast of Denver.

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January 2, 2019

Blueprint Arranges Sale of CCRC in Kansas

by Jeff Shaw January 2, 2019

OTTAWA, Kan. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Ottawa Retirement Village, a continuing care retirement community in Ottawa, approximately 50 miles southwest of Kansas City.

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January 2, 2019

Development News

SunTrust Funds Development Financing for $300M Luxury Project in Atlanta

by Jeff Shaw December 21, 2018

ATLANTA — SunTrust Banks Inc. (NYSE: STI) has provided $86 million in financing first-phase construction of Village Park Senior Living.

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December 21, 2018

Development Finance News

HJ Sims Provides $15M Financing for University-Affiliated CCRC in Suburban New York

by Jeff Shaw December 21, 2018

PURCHASE, N.Y. — HJ Sims has provided $15 million in financing for the development of Broadview Senior Living at Purchase College, a continuing care retirement community.

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December 21, 2018

White Oak Healthcare Finance Acquires $700M Capital One Loan Portfolio

by Jeff Shaw December 21, 2018

NEW YORK CITY — White Oak Healthcare Finance has acquired approximately $700 million in skilled nursing and seniors housing loans from Capital One Healthcare and its participant banks.

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December 21, 2018

News Skilled Nursing

Blueprint Brokers Sale of Three-Property Skilled Nursing Portfolio in Tennessee

by Jeff Shaw December 21, 2018

HUNTSVILLE, KINGSPORT and LAWRENCEBURG, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in Tennessee.

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December 21, 2018

Charter Senior Living Names Wanda Palumbo as Executive Director of Community in Metro Nashville

by Jeff Shaw December 21, 2018

HERMITAGE, Tenn. — Charter Senior Living has named Wanda Palumbo as executive director of Charter Senior Living of Hermitage, an independent living, assisted living and memory care community in the Nashville suburb of Hermitage.

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December 21, 2018

Active Adult Development News

Pollack Shores Plans 166-Unit Active Adult Community in Melbourne, Florida

by Jeff Shaw December 20, 2018

MELBOURNE, Fla. — Multifamily developer and investment firm Pollack Shores Real Estate Group has unveiled plans for 166 active adult apartments in the Viera community of Melbourne.

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December 20, 2018

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