LOS ANGELES — iBorrow, a private direct lender for commercial and multifamily real estate, has provided a $6 million loan for Golden Cross Health Care, a skilled nursing facility in the Pasadena submarket of Los Angeles.
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ATASCOCITA, Texas — Houston-based The National Realty Group (TNRG) and Dallas-based MedCore Partners have acquired 7 acres in the Houston suburb of Atascocita, with plans to build an independent living, assisted living and memory care community on the site.
NEWTON, Mass. — David Hegarty has announced his plans to retire as president and chief operating officer of Senior Housing Properties Trust (NASDAQ: SNH). Jennifer Francis, currently a senior vice president with SNH parent company RMR Group, will replace Hegarty effective May 1.