News

CA Senior Living Starts Construction of 179-Unit Atria Community Near Pittsburgh

by Jeff Shaw March 28, 2018

MCCANDLESS, Pa. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has started construction of a 179-unit seniors housing community in the Pittsburgh suburb of McCandless.

March 28, 2018

Blueprint Arranges Sale of 100-Unit Assisted Living Portfolio in Arizona

by Jeff Shaw March 28, 2018

PEORIA and MESA, Ariz. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two assisted living communities in Arizona for an undisclosed price.

March 28, 2018

News People

Cadence Senior Living Hires Thomas Rosin as Controller

by Jeff Shaw March 28, 2018

SCOTTSDALE, Ariz. — Cadence Senior Living has hired Thomas Rosin to its corporate team as controller. Rosin brings over 30 years of accounting, auditing and management experience to the company.

March 28, 2018

News Operations People

Watercrest Senior Living Group Appoints Joe Germain as Executive Director of Community in Florida

by Jeff Shaw March 28, 2018

SEBASTIAN, Fla. — Watercrest Senior Living Group has hired Joe Germain as the executive director of Pelican Landing Assisted Living and Memory Care.

March 28, 2018

Development News

Abby Development Starts Construction of 92-Unit Community in Arkansas

by Jeff Shaw March 27, 2018

CONWAY, Ark. — Abby Development has broken ground on Ridgemere, a 92-unit seniors housing community in the Little Rock suburb of Conway.

March 27, 2018

Finance News

Ziegler Arranges $14.7M in HUD Refinancings for Two Communities in Northern California

by Jeff Shaw March 27, 2018

REDDING, Calif. — Ziegler, a specialty investment bank, has closed $14.7 million in HUD refinancing loans for two seniors housing communities in Redding, located approximately midway between Sacramento and the Oregon border.

March 27, 2018

Development News

Doster Construction Completes 64-Unit Veterans Property in Gainesville, Florida

by Jeff Shaw March 27, 2018

GAINESVILLE, Fla. — Doster Construction Co. has completed construction of Arbours at Tumblin Creek, a 64-unit seniors housing community for military veterans in Gainesville.

March 27, 2018

News People

Wingate Healthcare Hires Michael Spearin as Senior Vice President of Sales, Marketing

by Jeff Shaw March 27, 2018

NEEDHAM, Mass. — Wingate Healthcare, a Needham-based operator, has hired Michael Spearin as senior vice president of sales and marketing. Spearin will support Wingate’s sales team and serve as an expert in accountable care alignment, physician relations, contracting and strategic planning for Wingate’s portfolio, located in Massachusetts, Rhode Island and New York.

March 27, 2018

Assisted Living Development News

Watercrest Prepares to Open 106,882 SF Assisted Living Community Near Orlando

by Jeff Shaw March 26, 2018

KISSIMMEE, Fla. — Watercrest Senior Living is now accepting reservations at Sage Park Assisted Living and Memory Care, a 128-unit seniors housing community in the Orlando suburb of Kissimmee.

March 26, 2018

News Skilled Nursing

Blueprint Brokers Sale of Three-Property Skilled Nursing Portfolio in Illinois

by Jeff Shaw March 26, 2018

CENTRAL ILLINOIS — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in Central Illinois.

March 26, 2018

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