TOLEDO, OHIO — Toledo-based healthcare REIT Welltower Inc. (NYSE: WELL) has entered into an 80/20 joint venture with ProMedica Health System to acquire Quality Care Properties (NYSE: QCP) for nearly $2 billion in cash.
SCOTTSDALE, Ariz. — CBRE has arranged a $37 million refinancing for Andara Senior Living, a 170-unit independent living and assisted living community in the Phoenix suburb of Scottsdale.
ROCKVILLE, Md. — Architecture firm Perkins Eastman has broken ground on Gardenside, a 153-unit expansion at Ingleside at King Farm, a continuing care retirement community in the Washington, D.C. suburb of Rockville.
NEW YORK CITY — Monticello Asset Management, through one of its investment vehicles, has provided $31.2 million bridge-to-HUD loan for New Broadview Manor Home For Adults, a 200-bed seniors housing facility on Staten Island.
WENATCHEE, Wash. — JCH Senior Housing Investment Brokerage has arranged the sale of Riverwest Senior Living, a 65-unit independent living and assisted living community in the Central Washington city of Wenatchee.
NEWNAN, Ga. — Watercrest Senior Living Group and Waypoint Residential have broken ground on Watercrest Newnan Assisted Living and Memory Care in Newnan, a suburb of Atlanta.
STARKVILLE, Miss. — Colliers International has brokered the sale of The Claiborne at Adelaide, a 54,658-square-foot senior living community, for $22.7 million.
GILBERT, Atiz. — Walker & Dunlop Inc. has provided $17 million in Freddie Mac financing for American Orchards, an assisted living and memory care community in the Phoenix suburb of Gilbert.
DENVER — Hillcrest Development and Pathfinder Partners have completed a $1.6 million renovation and rebranding program at V-Esprit, a 100-unit independent living community in the Denver suburb of Aurora.
