News

Blueprint Brokers Sale of 73-Unit Community in Las Vegas

by Jeff Shaw October 30, 2018

LAS VEGAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of Pacifica Regency, a 73-unit assisted living and memory care community in Las Vegas.

October 30, 2018

Carnegie Capital Arranges $6.2M Refinancing for Community in Portland

by Jeff Shaw October 30, 2018

PORTLAND, Ore. — Carnegie Capital has sourced and structured a $6.2 million cash-out refinancing for a 39-unit assisted living and memory care community in Portland.

October 30, 2018

Development News

Stoneridge Creek Completes 151-Unit Expansion in Pleasanton, California

by Jeff Shaw October 29, 2018

PLEASANTON, Calif. — Stoneridge Creek, a continuing care retirement community in the Bay Area city of Pleasanton, has completed a two-year expansion project on its 50-acre campus.

October 29, 2018

Development Independent Living News

Immanuel Lutheran Communities Finishes Independent Living Addition to CCRC in Montana

by Jeff Shaw October 29, 2018

KALISPELL, Mont. — Immanuel Lutheran Communities has completed a 58,000-square-foot independent living expansion at its continuing care retirement community in Kalispell, which it claims as the only CCRC in Northwest Montana.

October 29, 2018

Development Memory Care News

Seasons Management Opens $11M Memory Care Community in Chandler, Arizona

by Jeff Shaw October 29, 2018

CHANDLER, Ariz. — Operator Seasons Management has opened Parkland Memory Care, a 72-bed memory care community in the Phoenix suburb of Chandler.

October 29, 2018

Finance Memory Care News

CBRE Arranges $9M Refinancing for Memory Care Community in Washington

by Jeff Shaw October 29, 2018

WENATCHEE, Wash. — CBRE has arranged a $9 million refinancing for Fieldstone Memory Care of Wenatchee, a recently completed memory care community in Wenatchee.

October 29, 2018

Assisted Living News

Blueprint Negotiates Sale of 30-Unit Community in Mansfield, Ohio

by Jeff Shaw October 29, 2018

MANSFIELD, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of Ontario Commons, a 30-unit assisted living community in Mansfield, approximately midway between Cleveland and Columbus.

October 29, 2018

CCRC Development News

Carolinas HealthCare Starts $15M Renovation of CCRC in North Carolina

by Jeff Shaw October 25, 2018

MORGANTON, N.C. — Carolinas HealthCare System Blue Ridge has started a $15 million renovation project at Grace Ridge, a 52-acre continuing care retirement community (CCRC) in Morganton.

October 25, 2018

News

NIC, Yardi Partner to Offer Actual Rents Metric in Seniors Housing

by Jeff Shaw October 25, 2018

CHICAGO— The National Investment Center for Seniors Housing & Care (NIC) kicked off its 2018 Fall Conference in Chicago by announcing a new software partner certification for measuring rental rates in seniors housing. Multifamily rental software company Yardi is the new partner.

October 25, 2018

News

BMO Harris Provides $16.7M Acquisition Financing for Community in Bellevue, Washington

by Jeff Shaw October 25, 2018

BELLEVUE, Wash. — BMO Harris Bank’s Commercial Real Estate Healthcare group has closed $16.7 million in acquisition and renovation financing for Sagebrook, an independent living, assisted living and memory care community in Bellevue.

October 25, 2018

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