CLEVELAND — Bellwether Enterprise Real Estate Capital LLC, the Cleveland-based commercial and multifamily mortgage-banking subsidiary of Enterprise Community Investment Inc., has been approved as a seniors housing lender for Fannie Mae.
WASHINGTON, D.C. — Midland States Bank has promoted Jonathan Camps to president of its Love Funding subsidiary. Headquartered in Washington, D.C., Love Funding is one of the largest commercial FHA loan originators in the United States.
PALM COAST, Fla. — Watercrest Senior Living has opened its newest Market Street Memory Care Residence in Palm Coast, approximately midway between Jacksonville and Orlando.
BETHESDA, Md. — Capital One, a Bethesda-based lender, has provided a $36.6 million loan for the acquisition of three seniors housing communities in Ohio.
COLUMBUS, Ohio — Lancaster Pollard, a Columbus-based broker, has arranged $12.2 million in HUD financing for the acquisition of seven assisted living and memory care communities in Idaho.
TOLEDO, Ohio — A joint venture between Toledo-based healthcare REIT giant Welltower (NYSE: WELL) and nonprofit healthcare operator ProMedica Health System has completed its previously announced acquisition of Quality Care Properties (NYSE: QCP).
NEWTOWN, Conn. — Senior Lifestyle Corp. has broken ground on Church Hill Village, a 71-unit assisted living and memory care community in Newtown, located approximately midway between New York City and Hartford.
