KINGWOOD, Texas — Integrated Property Management has announced expansion plans for Watercrest at Kingwood, an independent living community in Kingwood, a master-planned community just north of Houston.
FORT MILL, S.C. — Frampton Construction Co. has broken ground on The Blake at Baxter Village, an independent living, assisted living and memory care community located in Fort Mill, just across the state border from Charlotte, N.C.
JACKSONVILLE, Fla. — KeyBank Real Estate Capital has provided $28 million in financing for the acquisition of Camellia at Deerwood, a 185-unit seniors housing community in Jacksonville.
WYNDMOOR, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Chestnut Hill Lodge Health and Rehabilitation Center, a 181-bed skilled nursing facility in the Philadelphia suburb of Wyndmoor.
CHICAGO — Succession plans may play a crucial role in the future of senior living, as more than 70 percent of nonprofit CEOs will likely retire within the next 10 years according to a recent survey by Ziegler.
BRANDON, Fla. — Solvere Senior Living has opened Tessera of Brandon, a 107,000-square-foot assisted living and memory care community in the Tampa suburb of Brandon.
NAPLES, Fla. — Watercrest Senior Living Group and United Properties have broken ground on Watercrest Naples Assisted Living and Memory Care in Naples, located along the Gulf Coast in South Florida.
NORTH RICHLAND HILLS, Texas — Love Funding has arranged a $14.4 million HUD loan to refinance Villas on Bear Creek, an age-restricted, affordable housing community in North Richland Hills.
WEST ALLIS, Wis. — MSP Real Estate, a seniors housing developer the parent company of West Allis-based operator Heritage Senior Living, has hired Lars Johnson as the CFO of both companies.
BEAUMONT, Texas — Chicago Pacific Founders (CPF) has acquired Atria Collier Park, a 159-unit seniors housing community in Beaumont, located east of Houston near the Louisiana border.