News

Grandbridge Arranges $14.9M Refinancing for Community in Florida

by Jeff Shaw April 20, 2018

RIVERVIEW, Fla. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged a $14.9 million refinancing for Crossings at Riverview, a 92-unit seniors housing community in the Tampa suburb of Riverview.

April 20, 2018

LCS Development to Lead $125M Expansion of Community in Boca Raton

by Jeff Shaw April 19, 2018

BOCA RATON, Fla. — LCS Development, an LCS Company, has been selected to develop and market the $125 million expansion of the Toby & Leon Cooperman Sinai Residences of Boca Raton.

April 19, 2018

Development News

Pathway to Living, Caddis Open 96-Unit Community in Orland Park, Illinois

by Jeff Shaw April 19, 2018

ORLAND PARK, ILL. — Pathway to Living and Caddis Healthcare Real Estate have opened Heartis Village of Orland Park, a 96-unit assisted living and memory care community.

April 19, 2018

News

Blueprint Brokers Sale of Two Skilled Nursing Facilities in Southern Illinois for $5.5M

by Jeff Shaw April 19, 2018

EDWARDSVILLE, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of University Nursing and Rehabilitation Center and Edwardsville Nursing and Rehabilitation, both located in Edwardsville, for $5.5 million.

April 19, 2018

News

Tax Code Changes Could Boost Seniors Housing Occupancy, Says Marcus & Millichap

by Jeff Shaw April 19, 2018

CALABASAS, Calif. — Recent changes to the U.S. tax code have made homeownership less advantageous to taxpayers, which could spur more seniors to sell their homes in favor of seniors housing communities, according to a research report by Marcus & Millichap.

April 19, 2018

Development News

BridgeWater Opens 140-Unit Affordable Community in Midtown Phoenix

by Jeff Shaw April 19, 2018

PHOENIX — BridgeWater Assisted Living has opened BridgeWater Assisted Living Midtown, a 140-unit affordable seniors housing community in Phoenix.

April 19, 2018

News Skilled Nursing

Blueprint Brokers Sale of 82-Bed Skilled Nursing Facility in Kansas

by Jeff Shaw April 19, 2018

SALINA, Kan. — Blueprint Healthcare Real Estate Advisors ha arranged the sale of Kenwood View Health and Rehabilitation Center, an 82-bed skilled nursing facility in Salina, approximately 175 miles west of Kansas City.

April 19, 2018

CCRC Development News

SQLC Opens $72M Expansion at The Buckingham CCRC in Houston

by Jeff Shaw April 18, 2018

HOUSTON — Developer and operator Senior Quality Lifestyles Corp. (SQLC) has opened a 183-unit expansion at The Buckingham, a continuing care retirement community in Houston.

April 18, 2018

News

Avanath Capital Management Acquires Two Seniors Housing Communities for $23.8M

by Jeff Shaw April 18, 2018

UPPER MARLBORO, Md., and WHARTON, N.J. — Avanath Capital Management has acquired two seniors housing communities totaling 211 units for $23.8 million.

April 18, 2018

News People

Benchmark Hires Kindred Veteran Jerry Kemper as CFO

by Jeff Shaw April 18, 2018

WALTHAM, Mass. — Benchmark Senior Living, a Waltham-based owner-operator, has hired Jerry Kemper as senior vice president and chief financial officer.

April 18, 2018

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