LYNCHBURG, Va. — SunTrust Banks Inc. (NYSE: STI) has provided a $13.2 million HUD-insured refinancing for Runk & Pratt, a 57-unit assisted licing and memory care community in Lynchburg.
DALLAS — Larry Cohen, CEO and vice chairman of publicly traded operator Capital Senior Living Corp. (NYSE: CSU), has announced he will retire effective Jan. 1, 2019.
MCDONOUGH, Ga. — Omega Communities has acquired 10 acres of land in the Atlanta suburb of McDonough, with plans to build an independent living, assisted living and memory community on the site.
TUCSON, Ariz. — Evans Senior Investments (ESI) has arranged the sale of Avalon Southwest Health & Rehabilitation, a 211-bed skilled nursing facility in Tucson.
FRESNO, Calif. — Dekel Capital, a Los Angeles-based real estate merchant bank, has placed $14.1 million in bridge financing on behalf of Mountain Capital Partners and Willis Development.
NEW YORK CITY — Brookdale Senior Living Inc. (NYSE: BKD) has agreed to sell Brookdale Battery Park, an independent living community in Manhattan, for $194 million.
MIAMI — A public-private collaboration between Miami-Dade County, Pinnacle Housing Group and the South Miami Heights Community Development Corp. has broken ground on Caribbean Village, an affordable seniors housing property in Miami.
WASHINGTON and OREGON — JCH Senior Housing Investment Brokerage has arranged the sale of four assisted living and memory care communities in Washington and Oregon.
RICHFIELD, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of Pine Valley Care Center, a 96-bed skilled nursing facility located in Richfield, approximately 20 miles south of Cleveland.
ATLANTA — HJ Sims has arranged $15 million in revolving pre-development financing for an expansion project at Lenbrook, a continuing care retirement community (CCRC) in Atlanta.
