TOLEDO, Ohio — A joint venture between Toledo-based healthcare REIT giant Welltower (NYSE: WELL) and nonprofit healthcare operator ProMedica Health System has completed its previously announced acquisition of Quality Care Properties (NYSE: QCP).
NEWTOWN, Conn. — Senior Lifestyle Corp. has broken ground on Church Hill Village, a 71-unit assisted living and memory care community in Newtown, located approximately midway between New York City and Hartford.
ROCHESTER, N.Y. — The Rochester City Council has approved the renovation plans for Cobbs Hill Village, an affordable seniors housing community in the Western New York city of Rochester.
OLYMPIA, Wash. — Olympia-based owner-operator Koelsch Communities has promoted Cyndie Bryant from senior vice president to executive vice president, and Eva Arant from regional director of operations to Bryant’s former position.
BOARDMAN, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of Commons at Greenbriar, a 50-unit assisted living community located in the Youngstown suburb of Boardman.
SEATTLE — Capital One has acted as lead arranger, bookrunner and administrative agent on a $242.7 million senior secured term loan for a joint venture managed by Seattle-based alternative investment firm Columbia Pacific Advisors.
LAWRENCE, N.Y. — Harborview Capital Partners, a Lawrence-based commercial real estate finance, equity and advisory firm, has arranged $196 million in HUD financing for a regional operator on the West Coast.