ARLINGTON, Wash. — AMWA Development Inc. has closed construction financing for Cedar Pointe, a 255-unit affordable seniors housing community in Arlington, approximately 45 miles north of Seattle.
OHIO — Regional Health Properties, Inc. (NYSE: RHE), a seniors housing investor and the successor to AdCare Health Systems, has transferred operations of five of its facilities in Ohio.
NEW YORK CITY and BUFFALO, N.Y. — Greystone has provided a total of $100.8 million in HUD-insured loans to refinance two seniors housing properties in the state of New York.
BRIDGEWATER, N.J. — LCS has secured construction financing and broken ground on of The Delaney of Bridgewater, a new seniors housing community in Bridgewater, approximately 45 miles southwest of Manhattan.
SAN CLEMENTE, Calif. — CareTrust REIT, Inc. (NASDAQ: CTRE) has announced that David Lindahl has resigned from its Board of Directors to pursue other interests.
SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based private equity firm and senior living developer, has broken ground on Revel Scottsdale, an independent living apartment community in the company’s hometown.