SOUTHERN FLORIDA — Marcus & Millichap has arranged the sale of a two-property skilled nursing portfolio in Southern Florida for $24 million. The specific names and locations of the properties were not disclosed.
FORT WORTH, Texas — Ascend Partners LLC and Civitas Senior Living have broken ground on The Grandview of Chisholm Trail, a 70,000-square-foot seniors housing property in Fort Worth.
FULLERTON, Calif. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Richman Gardens, a standalone memory care community in the Orange County city of Fullerton.
CINCINNATI and BRUNSWICK, Ohio — Dwight Capital has provided a total of $14.2 million in bridge and mezzanine financing for two skilled nursing facilities in Ohio.
BAYTOWN, TEXAS — Dallas-based Abby Development has begun work on The Lodge at Pine Creek, a 217-unit seniors housing project in Baytown, an eastern suburb of Houston.
EAST NORTHPORT, N.Y. — Cambridge Realty Capital Cos. has arranged $10.4 million in HUD financing for Birchwood Suites, a seniors housing community in East Northport, a hamlet on Long Island.
TRAVERSE CITY, Mich. — Knapp Group Seniors Housing Advisors of Marcus & Millichap has brokered the sale of a 56-unit independent living and assisted living community in Traverse City.
SKOKIE, Ill. — Covenant Retirement Communities Inc., a nonprofit owner-operator, based in Skokie has rebranded. The company will now be named Covenant Living Communities and Services.
ATLANTA — As internet-connected technology continues to become ubiquitous in our everyday lives, residents at senior living facilities across the United States are using more and more devices.