TENNESSEE — Monticello Asset Management, through two of its investment vehicles, has provided $10.4 million in financing for the acquisition of a 139-bed skilled nursing facility in Tennessee.
DRAPER, Utah — Marcus & Millichap (NYSE: MMI) has arranged the sale of Rosegate Draper, a 277-unit age-restricted multifamily asset in the Salt Lake City suburb of Draper.
EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison, for an undisclosed price.
CUYAHOGA FALLS, Ohio — Inspirit Senior Living has acquired The Gardens of Cuyahoga Falls and The Gardens of Liberty Park (formerly the Gardens of Western Reserve) in Ohio.
HUGO, Minn. — BMO Harris Healthcare Real Estate Finance was sole lender for an $18 million loan to Hugo Senior Housing LLC, an affiliate of Keystone Senior LLC.
RICHMOND, Va. — HHHunt, a developer with a division devoted to seniors housing, has hired Todd Kobayashi as the company’s new CFO. Kobayashi will replace James Crowder, who announced he will retire at the end of the year.
DURHAM, N.H. — The RiverWoods Group has broken ground on RiverWoods Durham, a 222-unit continuing care retirement community (CCRC) in Durham, located in the Southeast corner of the state near the coast.
SAN MARCOS, Calif. — Marcus & Millichap has brokered the sale of Grandon Village, a 161-unit age- and income-restricted housing asset in San Marcos, approximately 35 miles north of San Diego.
MOUNTAINSIDE, N.J. — Capitol Seniors Housing, a D.C.-based investment and development firm, has opened Arbor Terrace Mountainside, an assisted living and memory care community in Mountainside, approximately 30 miles southwest of Manhattan.
NAPLES, Fla. — Discovery Senior Living has broken ground on Discovery Village At Naples, an independent living community in the South Florida city of Naples.
