SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based private equity firm and developer, has purchased property in its hometown for construction of an active adult community.
SLEEPY HOLLOW, N.Y. — Kendal Corp. has hired James Antonucci Jr. as the new executive director for Kendal on Hudson, a 220-unit continuing care retirement community (CCRC) located approximately 30 miles north of Manhattan in Sleepy Hollow.
GRAND JUNCTION, Colo. — OZ Architecture has completed design of The Lodge at Grand Junction, a 48-unit assisted living and memory care community in Grand Junction, located in the western part of the state near the Utah border.
GASTONIA, N.C. — Evans Senior Investments (ESI) has arranged the sale of Gastonia Care and Rehab, a 118-bed skilled nursing facility in the Charlotte suburb of Gastonia.
ATLANTA — 29thStreet Capital, a privately-held real estate investment and advisory firm based in Atlanta that focuses on value-add opportunities, has announced its plans to expand its services to the seniors housing industry.
GRAND SALINE and ATHENS, Texas — Senior Living Investment Brokerage Inc. has arranged the sale of two skilled nursing facilities southeast of Dallas for $2.1 million.
NORWOOD, Mass. — Benchmark has hired Patrick Hardy as the new executive director at Benchmark Senior Living on Clapboardtree in Norwood, a suburb of Boston.
MONTEBELLO, Calif. — Hunt Mortgage Group has provided $20 million in refinancing for Beverly Towers, an affordable seniors housing property in the Los Angeles suburb of Montebello.
IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) has completed the previously announced sale of nine facilities leased to Genesis Healthcare for $81.4 million, and one leased to Signature HealthCARE for $7 million.
LINCOLN, Calif. — Blueprint Healthcare Real Estate Advisors has brokered the sale of four plots of land in California totaling 21 acres for $14.7 million, with the buyers planning to develop assisted living on the land.
