News

NorthMarq Negotiates $11.3M Construction Loan for Skilled Nursing Facility in Las Vegas

by Jeff Shaw May 17, 2018

LAS VEGAS — NorthMarq Capital has arranged an $11.3 million loan for the construction of Centennial Hills Skilled Nursing Facility in Las Vegas.

May 17, 2018

News People Technology

Eldermark Software Hires Brad Fuqua as Senior Vice President of Market Development

by Jeff Shaw May 17, 2018

MINNETONKA, Minn. — Eldermark Software, a technology solutions provider serving the senior care industry, has hired Brad Fuqua as senior vice president of market development.

May 17, 2018

News Operations

Buckingham: Encourage Talent and You’ll Cultivate Careers in Senior Care

by Jeff Shaw May 16, 2018

SAN DIEGO — Marcus Buckingham has a rather simple yet effective piece of advice for seniors housing operators: stop focusing on the negative.

May 16, 2018

Development News

PMRG Purchases Plot for $40M Community Near Dallas

by Jeff Shaw May 16, 2018

MCKINNEY, Texas — PMRG has acquired a plot of land in the Dallas suburb of McKinney for the development of Hidden Springs, a 200-unit independent living, assisted living and memory care community.

May 16, 2018

News People

Cushman & Wakefield Hires Dan Baker, Promotes Rick Swartz

by Jeff Shaw May 16, 2018

BOSTON — Cushman & Wakefield, a national commercial real estate services company, has made two major changes within its Boston-based Senior Housing Capital Markets Group. Dan Baker has been hired as a director, while Rick Swartz was promoted to vice chair.

May 16, 2018

Development Memory Care News

Westminster Development Breaks Ground on 48-Unit Memory Care Community in South Carolina

by Jeff Shaw May 16, 2018

AIKEN, S.C. — Westminster Development has broken ground on Westminster Memory Care of Aiken, a 48-unit memory care community.

May 16, 2018

Finance News Skilled Nursing

Strawberry Fields Acquires Skilled Nursing Facility in Louisville, Raises $67.1M in Bonds

by Jeff Shaw May 16, 2018

LOUISVILLE, Ky., and SOUTH BEND, Ind. — Strawberry Fields REIT LLC has acquired Landmark Rehabilitation and Nursing Center of River City, a 92-bed skilled nursing facility in Louisville, for $6.5 million.

May 16, 2018

Development News

Lancaster Pollard Arranges $19.9M Construction Financing for Affordable Community in Indiana

by Jeff Shaw May 15, 2018

NOBLESVILLE, Ind. — Lancaster Pollard has arranged a $19.9 million HUD loan to fund the construction of Heritage Woods of Noblesville, a 124-unit affordable assisted living facility in Noblesville, a suburb of Indianapolis.

May 15, 2018

Company News News Skilled Nursing

OHI Starts Transition of Orianna Portfolio, Restructures Signature Portfolio

by Jeff Shaw May 15, 2018

HUNT VALLEY, Md. — Omega Healthcare Investors Inc. (NYSE: OHI) has received court approval to begin the transition its Orianna portfolio to new operators, following the bankruptcy filing of Orianna’s parent company, 4 West Holdings Inc.

May 15, 2018

Finance News Skilled Nursing

Capital One Provides $13.2M HUD Refinancing for Skilled Nursing Facility in Michigan

by Jeff Shaw May 15, 2018

HOWELL, Mich. — Capital One has provided a $13.2 million, fixed-rate HUD loan to refinance an 88-bed skilled nursing facility in Howell, approximately 50 miles northwest of Detroit.

May 15, 2018

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