News

Harbor Retirement Associates Appoints Laureen McGuire as Vice President of Sales, Marketing

by Jeff Shaw December 13, 2018

VERO BEACH, Fla. — Harbor Retirement Associates (HRA), a regional senior living development and management company based in Vero Beach, has appointed Laureen McGuire as its new vice president of sales and marketing.

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December 13, 2018

Development News Skilled Nursing

NHI Funds $25.4M Skilled Nursing Development in Wisconsin

by Jeff Shaw December 11, 2018

OAK CREEK, Wis. — National Health Investors Inc. (NYSE: NHI) has agreed to finance development of Ignite Medical Resort Oak Creek, a 144-bed skilled nursing facility just south of Milwaukee in Oak Creek. NHI’s commitment totals $25.4 million.

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December 11, 2018

Company News Finance News

HCP Releases 15M Shares to Fund Development, Acquisition Pipeline

by Jeff Shaw December 11, 2018

IRVINE, Calif. — HCP Inc. (NYSE: HCP) has agreed to sell 15 million shares of its common stock in order to help fund its development and acquisition pipeline.

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December 11, 2018

CCRC Development News

CCRC in Atlanta Plans $100M Expansion

by Jeff Shaw December 11, 2018

ATLANTA — Lenbrook, an independent continuing care retirement community (CCRC), has announced plans for a $100 million expansion known as Kingsboro at Lenbrook.

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December 11, 2018

HFF Arranges $21.4M Financing for Independent Living Community in Metro Denver

by Jeff Shaw December 11, 2018

BROOMFIELD, Colo. — HFF has arranged $21.4 million in financing for The Avenues Crofton Park, a 90-unit independent living community in the Denver suburb of Broomfield.

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December 11, 2018

Knapp Group Brokers Sale of 58-Unit Community Near Pittsburgh for $3.6M

by Jeff Shaw December 11, 2018

PITTSBURGH — The Knapp Group of Marcus & Millichap has brokered the sale of a 58-unit personal care home community in Southwest Pennsylvania.

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December 11, 2018

BMO Harris Provides $12.3M Term Facility for TH Real Estate, LCS

by Jeff Shaw December 10, 2018

ESSEX, Conn. — BMO Harris Bank’s Healthcare Real Estate Finance group has closed on a $12.3 million facility for TH Real Estate and LCS. The funds will finance the acquisition of Essex Meadows, a seniors housing community in Essex, approximately 35 miles southeast of Hartford.

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December 10, 2018

Assisted Living News

IPA Brokers Sale of 69-Unit Community in Knoxville

by Jeff Shaw December 10, 2018

KNOXVILLE, Tenn. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Northshore Heights LLC, a 69-unit assisted living and memory care community in Knoxville.

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December 10, 2018

Company News News Technology

Ziegler Advises on Telemedicine Merger Between TripleCare, Curavi Health

by Jeff Shaw December 10, 2018

PITTSBURGH and LONG ISLAND CITY, N.Y. — Ziegler has served as the sole advisor to TripleCare on its acquisition by Curavi Health Inc.

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December 10, 2018

Walker & Dunlop Structures $13.9M Acquisition Financing for Affordable Community in Chicago

by Jeff Shaw December 7, 2018

CHICAGO — Walker & Dunlop Inc. has structured $13.9 million in financing for the acquisition of Willa Rawls Manor, an 11-story, 123-unit affordable seniors housing community in Chicago.

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December 7, 2018

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