RICHMOND, Va. — HHHunt, a developer with a division devoted to seniors housing, has hired Todd Kobayashi as the company’s new CFO. Kobayashi will replace James Crowder, who announced he will retire at the end of the year.
DURHAM, N.H. — The RiverWoods Group has broken ground on RiverWoods Durham, a 222-unit continuing care retirement community (CCRC) in Durham, located in the Southeast corner of the state near the coast.
SAN MARCOS, Calif. — Marcus & Millichap has brokered the sale of Grandon Village, a 161-unit age- and income-restricted housing asset in San Marcos, approximately 35 miles north of San Diego.
MOUNTAINSIDE, N.J. — Capitol Seniors Housing, a D.C.-based investment and development firm, has opened Arbor Terrace Mountainside, an assisted living and memory care community in Mountainside, approximately 30 miles southwest of Manhattan.
NAPLES, Fla. — Discovery Senior Living has broken ground on Discovery Village At Naples, an independent living community in the South Florida city of Naples.
LYNCHBURG, Va. — SunTrust Banks Inc. (NYSE: STI) has provided a $13.2 million HUD-insured refinancing for Runk & Pratt, a 57-unit assisted licing and memory care community in Lynchburg.
DALLAS — Larry Cohen, CEO and vice chairman of publicly traded operator Capital Senior Living Corp. (NYSE: CSU), has announced he will retire effective Jan. 1, 2019.
MCDONOUGH, Ga. — Omega Communities has acquired 10 acres of land in the Atlanta suburb of McDonough, with plans to build an independent living, assisted living and memory community on the site.
TUCSON, Ariz. — Evans Senior Investments (ESI) has arranged the sale of Avalon Southwest Health & Rehabilitation, a 211-bed skilled nursing facility in Tucson.
FRESNO, Calif. — Dekel Capital, a Los Angeles-based real estate merchant bank, has placed $14.1 million in bridge financing on behalf of Mountain Capital Partners and Willis Development.
