News

Finance News Skilled Nursing

CHC Provides $2M Mezzanine Financing for Skilled Nursing Acquisition in Roanoke

by Jeff Shaw February 20, 2019

ROANOKE, Va. — Contemporary Healthcare Capital (CHC) has provided $2 million in mezzanine financing for the acquisition of a skilled nursing facility in Roanoke.

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February 20, 2019

Development News

Civitas, StoneCreek Plan 115,000 SF Community in Colorado Springs

by Jeff Shaw February 19, 2019

COLORADO SPRINGS, Colo. — Civitas Senior Living, a senior living management company, and StoneCreek Real Estate Partners, a senior living developer, have announced plans for StoneCreek of Flying Horse, an upscale senior living community in Colorado Springs.

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February 19, 2019

Chicago Pacific Founders Acquires The Country Club of La Cholla in Tucson, Arizona

by Jeff Shaw February 19, 2019

TUCSON, Ariz. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired The Country Club of La Cholla, a 217-unit senior living community in Tucson.

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February 19, 2019

Development News

LifeCare Properties, Blake Management Plan 93,000 SF Community Near San Antonio

by Jeff Shaw February 19, 2019

NEW BRAUNFELS, Texas — LifeCare Properties, together with Blake Management Group, has planned construction of The Blake at New Braunfels, a senior living community in the northeastern San Antonio suburb of New Braunfels.

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February 19, 2019

Lancaster Pollard Arranges Financing for Communities in Midwest, Southeast

by Jeff Shaw February 19, 2019

DETROIT and AIKEN, S.C. — Lancaster Pollard Mortgage Co., a division of ORIX Real Estate Capita, LLC, has closed a series of financing transactions for seniors housing communities in the Midwest and Southeast.

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February 19, 2019

Active Adult Company News News

Ad Agency Immersion Active Acquires Gilbert & Sheppard Group

by Jeff Shaw February 19, 2019

FREDERICK, Md., and ATLANTA — Immersion Active, a Frederick-based digital marketing agency specializing in senior consumers, has acquired Atlanta-based marketing agency Gilbert & Sheppard Group.

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February 19, 2019

Development Finance News

SunTrust Provides $40M for Air Force Retirement Community Expansion on Florida Panhandle

by Jeff Shaw February 18, 2019

SHALIMAR, Fla. — SunTrust served has served as sole provider on a $40 million loan to Air Force Enlisted Village in Shalimar.

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February 18, 2019

Development Independent Living News

LCS to Build Multigenerational, College-Affiliated Community in Purchase, New York

by Jeff Shaw February 18, 2019

PURCHASE, N.Y. — Life Care Services has unveiled plans for Broadview Senior Living at Purchase College, a 220-unit independent living community on the campus of Purchase College.

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February 18, 2019

HJ Sims Arranges $32.3M Bond Refinancing for Community Near Cleveland

by Jeff Shaw February 18, 2019

BEACHWOOD, Ohio — HJ Sims has arranged $32.3 million in financing for Menorah Park Center for Senior Living in the Cleveland suburb of Beachwood.

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February 18, 2019

Finance News Technology

Eversound Raises $5M in Venture Funding for Audio Tech Product

by Jeff Shaw February 18, 2019

BOSTON — Eversound, a Boston-based technology company, has received $5 million in Series A financing.

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February 18, 2019

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