ATLANTA — Mercy Housing Southeast has hired H. Granvel Tate III as its regional director of real estate development. In this role, Tate will oversee the development and acquisition of mixed income and affordable housing properties in the Southeastern United States, with a specific focus on the greater Atlanta market.
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Lancaster Pollard Arranges $23.4M HUD Refinancing for Skilled Nursing Facility in Nebraska
by Jeff Shaw
PAPILLION, Neb. — Lancaster Pollard has arranged $23.4 million in HUD financing for Hillcrest Health Services. The borrower will use the funds to refinance The Cottages at Hillcrest Country Estates, a seniors housing community in the Omaha suburb of Papillion.
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the largest owner and operator of seniors housing in the United States, has entered into a new master lease with Ventas (NYSE: VTR) regarding the 128 seniors housing communities that Brookdale leases from the giant REIT.