News

Abby Development Begins Work on 217-Unit Seniors Housing Project in Metro Houston

by Jeff Shaw September 20, 2018

BAYTOWN, TEXAS — Dallas-based Abby Development has begun work on The Lodge at Pine Creek, a 217-unit seniors housing project in Baytown, an eastern suburb of Houston.

September 20, 2018

Cambridge Arranges $10.4M HUD Refinancing for 92-Bed Facility on Long Island

by Jeff Shaw September 20, 2018

EAST NORTHPORT, N.Y. — Cambridge Realty Capital Cos. has arranged $10.4 million in HUD financing for Birchwood Suites, a seniors housing community in East Northport, a hamlet on Long Island.

September 20, 2018

News

Knapp Group Brokers $8.2M Sale of 56-Unit Community in Traverse City, Michigan

by Jeff Shaw September 20, 2018

TRAVERSE CITY, Mich. — Knapp Group Seniors Housing Advisors of Marcus & Millichap has brokered the sale of a 56-unit independent living and assisted living community in Traverse City.

September 20, 2018

Company News News

Covenant Retirement Communities Rebrands as Covenant Living Communities and Services

by Jeff Shaw September 20, 2018

SKOKIE, Ill. — Covenant Retirement Communities Inc., a nonprofit owner-operator, based in Skokie has rebranded. The company will now be named Covenant Living Communities and Services.

September 20, 2018

News Technology

Senior Living Communities Invest in Technology to Improve Resident Care

by Jeff Shaw September 19, 2018

ATLANTA — As internet-connected technology continues to become ubiquitous in our everyday lives, residents at senior living facilities across the United States are using more and more devices.

September 19, 2018

CCRC Development News

Religious Society of Friends Plans $30M CCRC Expansion in Maryland

by Jeff Shaw September 19, 2018

SANDY SPRING, Md. — Religious Society of Friends has unveiled plans for a major expansion project at Friends House Retirement Community, a continuing care retirement community in Sandy Spring, located between Baltimore and Washington, D.C.

September 19, 2018

Finance News Skilled Nursing

Contemporary Healthcare Capital Provides $2.4M Mezzanine Loan to Refinance Facility in Washington

by Jeff Shaw September 19, 2018

WENATCHEE, Wash. — Contemporary Healthcare Capital has provided a $2.4 million mezzanine loan to Regency Pacific Management.

September 19, 2018

News People

Ingleside Hires Sam Albanese as Senior Vice President of HR and Compliance

by Jeff Shaw September 19, 2018

ROCKVILLE, Md. — Ingleside, a Rockville-based nonprofit operator, has hired Salvatore “Sam” Albanese as senior vice president of human resources and compliance. His responsibilities will consist of leading Ingleside’s human resources organization and its corporate compliance program.

September 19, 2018

News

Colliers Brokers Sale of 123-Unit High Rise in Chicago

by Jeff Shaw September 18, 2018

CHICAGO — The Colliers International-Affordable Housing Group has completed the sale of Willa Rawls Manor, a 123-unit affordable seniors housing tower in Chicago.

September 18, 2018

News

Cushman & Wakefield Negotiates Sale of Newly Built Community in Prospect Heights, Illinois

by Jeff Shaw September 18, 2018

PROSPECT HEIGHTS, Ill. — Cushman & Wakefield’s Senior Housing Capital Markets team has arranged the sale of The Grandbrier at Prospect Heights, a 101-unit assisted living and memory care community in the Chicago suburb of Prospect Heights.

September 18, 2018

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