News

Lifespace Hires Russell Mauk as Vice President of Development

by Jeff Shaw December 17, 2018

WEST DES MOINES, Iowa — Lifespace Communities has hired Russell Mauk as its new vice president of development, design and construction.

December 17, 2018

BRP Senior Housing Management Plans $150M Community in South Florida

by Jeff Shaw December 14, 2018

DELRAY BEACH, Fla. — BRP Senior Housing Management, an affiliate of Big Rock Partners, has acquired a 15-acre site for a luxury seniors housing community in the Palm Beach County city of Delray Beach.

December 14, 2018

Finance News

Berkadia Provides $327M Freddie Mac Financing for 2,200-Unit Brookdale Portfolio

by Jeff Shaw December 14, 2018

NEW YORK CITY — Berkadia, a New York-based investment sales and mortgage banking firm, has closed $327 million in Freddie Mac financing for Brookdale Senior Living, the largest owner and operator of seniors housing in the United States.

December 14, 2018

Company News News

Blue Moon, Aegis Form Joint Venture, Acquire Three West Coast Communities

by Jeff Shaw December 14, 2018

BOSTON and SEATTLE — Blue Moon Capital Partners LP, a seniors housing private equity investor based in Boston, has formed an acquisition joint venture with Aegis Living, a Seattle-based owner-operator.

December 14, 2018

News People

Five Star Senior Living Promotes Katie Potter to President, CEO as Bruce Mackey Retires

by Jeff Shaw December 14, 2018

NEWTON, Mass. — Five Star Senior Living Inc. (NASDAQ: FVE) has promoted Katie Potter to the positions of president and CEO. She replaces Bruce Mackey, who is retiring at the end of the year.

December 14, 2018

Development Finance News

Lancaster Pollard Provides $36M HUD Financing for 145-Unit Development Near Los Angeles

by Jeff Shaw December 14, 2018

FOUNTAIN VALLEY, Calif. — Lancaster Pollard has provided $36 million in fixed-rate, HUD-insured financing for the construction of Park View Estates.

December 14, 2018

News Skilled Nursing

NIC: Skilled Nursing Occupancy Increases Slightly, May Be First Sign of Recovery

by Jeff Shaw December 13, 2018

ANNAPOLIS, Md. — The skilled nursing occupancy rate saw a slight uptick in the third quarter of 2018, increasing 14 basis points to 82.2 percent, according to data from the National Investment Center for Seniors Housing & Care (NIC).

December 13, 2018

CCRC Development News

Presbyterian Communities and Services Plans 102-Unit Expansion at CCRC in Dallas

by Jeff Shaw December 13, 2018

DALLAS — Presbyterian Communities and Services has unveiled plans for a new independent living building at Presbyterian Village North, a continuing care retirement community in Dallas.

December 13, 2018

Development Finance KeyBank News

KeyBank Provides $10.8M Loan to Convert Public School in Upstate New York into Affordable Seniors Housing

by Jeff Shaw December 13, 2018

VERONA, N.Y. — KeyBank Community Development Lending & Investment (CDLI) has provided a $10.8 million construction loan to convert a public school into affordable seniors housing in Verona, located just off Interstate 90 between Syracuse and Utica.

December 13, 2018

Investment News People

Private Equity Firm Green Courte Partners Hires Jim Pusateri as CEO of New Senior Living Platform

by Jeff Shaw December 13, 2018

CHICAGO — Green Courte Partners LLC, a Chicago-based private equity real estate investment firm, has hired Jim Pusateri as the CEO of True Connection Communities, the company’s new senior living operating platform. Pusateri will also join Green Courte as a managing director.

December 13, 2018

Newer Posts

Older Posts

Upcoming Events

Dec
01

InterFace Multifamily Southeast 2026

Attend the InterFace Multifamily Southeast conference on Dec. 1st for valuable information, industry insight & high-level networking.
Dec
08

LeaseCon/TurnCon 2026

Hear from industry leaders as to what they expect and what strategies they are going to employ at LeaseCon/TurnCon.
Dec
10

InterFace Seniors Housing Northeast 2026

Join us in Philadelphia on December 10th for the 10th annual InterFace Seniors Housing Northeast conference, the region’s premier event covering seniors housing investment, development, operations and financing. This conference ...
Jan
19

InterFace Denver Multifamily 2027

Explore the forces shaping Denver’s multifamily market — from development/investment trends to leasing fundamentals, and capital markets.
Feb
02

InterFace Michigan Multifamily 2027

Leading executives in the Michigan apartment market will discuss the economic and demographic trends shaping the multifamily sector.
Feb
04

THE Inland Empire Commercial Real Estate 2027

Join us to gain insights and connect with top decision-makers shaping the Inland Empire’s commercial real estate landscape.