HAPPY VALLEY, Ore. — Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on MorningStar of Happy Valley in the Portland suburb of Happy Valley.
TARRYTOWN, N.Y. — Greystone, a real estate lending, investment and advisory company, has provided a $14.6 million HUD loan for Tarrytown Hall Care Center, a skilled nursing facility in Tarrytown.
GREENWOOD, Ind. — Lancaster Pollard has provided a HUD loan of an undisclosed total to refinance Aspen Trace, a seniors housing community in the Indianapolis suburb of Greenwood.
TOLEDO, Ohio — Seniors housing REIT giant Welltower (NYSE: WELL) has announced a restructuring of its agreements with Brookdale (NYSE: BKD), the largest owner-operator of seniors housing in the country.
NEW YORK CITY — Greystone, a New York-based real estate lending, investment and advisory company, has closed the $750 million Greystone Senior Debt Opportunity Fund.
WINDHAM, Conn. — Contemporary Healthcare Capital has provided a $1.5 million mezzanine loan, part of a $6.2 million total acquisition financing for a skilled nursing facility in Windham.
TUKWILA, Wash. — Alliance Residential Co., one of the largest multifamily developers and managers in the country, has broken ground on Marvelle at Southcenter, an active adult community in the Seattle suburb of Tukwila.
FREDERICKSBURG, Texas — Solvere Senior Living has been selected to operate Villages of Windcrest, an assisted living and memory care community currently under construction in Fredericksburg, approximately 75 miles west of Austin.
NEW YORK CITY — Berkadia, a New York-based financial services firm, has hired Brittany Robinson as senior director and Brooks Minford as associate director for the company’s Seniors Housing & Healthcare team.