News

CareTrust REIT Acquires Seniors Housing Campus for $19M in Saratoga, California

by Jeff Shaw September 10, 2018

SARATOGA, Calif. — CareTrust REIT (NASDAQ: CTRE) has acquired Our Lady of Fatima Villa, featuring 85 beds of skilled nursing and 37 units of assisted living in the San Jose suburb of Saratoga.

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September 10, 2018

Finance Memory Care News

Columbia Pacific Advisors Provides $6.2M Refinancing for Memory Care Community in Tucson

by Jeff Shaw September 10, 2018

TUCSON, Ariz. — Columbia Pacific Advisors has provided a $6.2 million refinancing for Catalina Springs Memory Care in Tucson.

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September 10, 2018

News Skilled Nursing

SLIB Brokers $2M Sale of Skilled Nursing Community in Fremont, Ohio

by Jeff Shaw September 10, 2018

FREMONT, Ohio — Senior Living Investment Brokerage has arranged the sale of Pristine Senior Living and Post-Acute Care of Fremont, an 82-bed skilled nursing facility, for $2 million.

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September 10, 2018

Integral Senior Living Promotes Kristen Curran-Brookham to New Corporate Position

by Jeff Shaw September 10, 2018

CARLSBAD, Calif. — Carlsbad-based operator Integral Senior Living has promoted Kristen Curran-Brookham to director of resident programming, a newly created corporate support position.

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September 10, 2018

SSSHT Acquires 286-Unit Community in Portland for $92M

by Jeff Shaw September 6, 2018

PORTLAND, Ore. — Strategic Student & Senior Housing Trust Inc. (SSSHT) has acquired Courtyard at Mt. Tabor, a seniors housing community in Portland, for $92 million.

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September 6, 2018

News Skilled Nursing

Strawberry Fields REIT Acquires 10-Property Skilled Nursing Portfolio in Arkansas, Kentucky for $42.4M

by Jeff Shaw September 6, 2018

SOUTH BEND, Ind. — Strawberry Fields REIT LLC, a healthcare REIT based in South Bend, has acquired nine skilled nursing facilities in Arkansas and one in Kentucky in two separate deals. The combined purchase price was $42.4 million.

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September 6, 2018

News Skilled Nursing

Senior Living Investment Brokerage Arranges $5.5M Sale of Skilled Nursing Facility Near Chicago

by Jeff Shaw September 6, 2018

ST. CHARLES, Ill. — Senior Living Investment Brokerage has negotiated the sale of Presence Pine View Care Center in the Chicago suburb of St. Charles for $5.5 million.

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September 6, 2018

Company News News People

LCS Hires Rick Westermann, GeLynna Shaw to Vice President Positions in Rental Division

by Jeff Shaw September 6, 2018

DES MOINES, Iowa — As part of the company’s plans to grow its rental seniors housing business, Life Care Services has hired Rick Westermann as vice president and senior director of marketing sales, and GeLynna Shaw as senior vice president and senior director of operations.

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September 6, 2018

News Operations Skilled Nursing

CBRE Arranges New Lease at Skilled Nursing Facility in Kansas

by Jeff Shaw September 6, 2018

CHERRYVALE, Kan. — CBRE has arranged the lease of a new operator at Cherryvale Nursing & Rehabilitation Center, a skilled nursing and healthcare facility in Cherryvale.

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September 6, 2018

Company News News

ASHA 50: Brookdale Hangs On As Largest Owner, Remains Dominant Operator

by Jeff Shaw September 5, 2018

WASHINGTON, D.C. — The American Seniors Housing Association (ASHA), in partnership with Seniors Housing Business, has released the 2018 edition of the ASHA 50, which ranks the 50 largest owners and operators in the U.S. seniors housing space.

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September 5, 2018

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