News

Bank Leumi Provides $9.3M Acquisition Loan for Two Assisted Living Communities in Florida

by Jeff Shaw May 21, 2018

MARGATE and DAVIE, Fla. — Bank Leumi has provided $9.3 million in financing for the acquisition of two assisted living properties in Florida.

May 21, 2018

News

Greysteel Brokers Sale of 92-Unit Affordable Property in Maryland for $7.5M

by Jeff Shaw May 21, 2018

PERRYVILLE, Md. — Greysteel has arranged the sale of Fairgreen Senior Apartments, a 92-unit affordable housing community in Perryville, a small town located between Philadelphia and Baltimore.

May 21, 2018

Development News Skilled Nursing

Greystone Healthcare Management to Open $30M Skilled Nursing Facility in Kendall, Florida

by Jeff Shaw May 18, 2018

KENDALL, Fla. — Greystone Healthcare Management has announced plans to open The Kendall Lakes Health and Rehabilitation Center, a 150-bed skilled nursing facility in the Miami suburb of Kendall.

May 18, 2018

News

LCS to Provide Consulting Services for $215M High-Rise Development Near Miami

by Jeff Shaw May 18, 2018

FORT LAUDERDALE, Fla. — Ocean Land Investments has partnered with both LCS Development and Life Care Services to provide consulting services regarding Riverwalk Residences of Las Olas. Ocean Land Investments is currently developing the 401-unit high-rise seniors housing project.

May 18, 2018

News Skilled Nursing

Blueprint Negotiates Sale of 92-Bed Skilled Nursing Facility in Louisville

by Jeff Shaw May 18, 2018

LOUISVILLE, Ky. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Christian Health Center West, a 92-bed skilled nursing facility in Louisville.

May 18, 2018

Company News News

Lancaster Pollard Opens Bay Area Office

by Jeff Shaw May 18, 2018

WALNUT CREEK, Calif. — Lancaster Pollard has opened an office in Walnut Creek, located in California’s San Francisco Bay Area. Grant Goodman, vice president with the firm, will lead the new office.

May 18, 2018

News People

WellAge Hires Moraine Byrne as Senior Vice President of Operations

by Jeff Shaw May 18, 2018

LAKEWOOD, Colo. — WellAge Senior Communities, a Lakewood-based developer and operator, has hired Moraine Byrne as senior vice president of operations.

May 18, 2018

Finance News

CBRE Arranges $34.5M Freddie Mac Refinancing for 157-Unit Community Near Houston

by Jeff Shaw May 17, 2018

CONROE, Texas — CBRE has arranged a $34.5 million refinancing for Woodhaven Village, a 157-unit independent living, assisted living and memory care community in the Houston suburb of Conroe.

May 17, 2018

News

Confluent Sells 69,000 SF MorningStar Property in Fort Collins to Kayne Anderson

by Jeff Shaw May 17, 2018

FORT COLLINS, Colo. — Confluent Senior Living has sold MorningStar of Fort Collins, an assisted living and memory care community in Fort Collins. Kayne Anderson Real Estate purchased the property for an undisclosed price.

May 17, 2018

News People

Argentum Elects Legend Senior Living CEO Tim Buchanan as Chairman of the Board

by Jeff Shaw May 17, 2018

ALEXANDRIA, Va. — Argentum, an Alexandria-based seniors housing industry association, has elected Tim Buchanan is the new chairman of its Board of Directors. Buchanan is the president and CEO of Legend Senior Living.

May 17, 2018

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