News

Tutera’s Mike Levitt Elected President of Missouri Board of Nursing Home Administrators, as Company Promotes Ryan Fischer to VP Position

by Jeff Shaw February 20, 2018

KANSAS CITY, Mo. — Tutera Senior Living & Health Care, a Kansas City-based operator of 47 communities in 13 states, has promoted Ryan Fischer to vice president of business development. The company also announced that Mike Levitt, vice president and chief compliance officer, has been elected president of the Missouri Board of Nursing Home Administrators.

February 20, 2018

ESI Arranges Sale of Assisted Living Facility in Washington for $7M

by Jeff Shaw February 20, 2018

BELLINGHAM, Wash. — Evans Senior Investments (ESI) has arranged the sale of Rosewood Villa, a 66-unit assisted living community in Bellingham, for $7 million.

February 20, 2018

News People

KTGY Promotes Jessica Musick as Shareholder, Principal

by Jeff Shaw February 20, 2018

IRVINE, Calif. — Irvine-based architecture firm KTGY Architecture + Planning has added Jessica Musick as a shareholder in the company. Musick, formerly an associate principal with KTGY, was also named a principal.

February 20, 2018

News Skilled Nursing

Arbor Provides $41.7M Acquisition Loan for Skilled Nursing Facility in New York

by Jeff Shaw February 19, 2018

SYRACUSE, N.Y. — Arbor Realty Trust Inc. (NYSE: ABR), a real estate investment trust and direct lender, has provided a $41.7 million bridge loan for the acquisition of James Square Health and Rehabilitation Center, a 440-bed skilled nursing facility in Syracuse.

February 19, 2018

Assisted Living News

Pathway to Living Buys 54,387 SF Assisted Living Community in Michigan

by Jeff Shaw February 19, 2018

KENTWOOD, Mich. — Pathway to Living, a Chicago-based owner-operator, has acquired Elmcroft of Kentwood, an 54,387-square-foot assisted living and memory care community in the Grand Rapids suburb of Kentwood.

February 19, 2018

Active Adult Development Finance News

HFF Arranges Financing for 197-Unit Active Adult Community in Dallas

by Jeff Shaw February 19, 2018

DALLAS — Holliday Fenoglio Fowler LP (HFF) has arranged financing for the development of Forestwood Active Adult, a 197-unit, age-restricted community in North Dallas.

February 19, 2018

News People

Heritage Senior Living Promotes Pierre Verger to Chief Operating Officer

by Jeff Shaw February 19, 2018

WEST ALLIS, Wis. — Heritage Senior Living, a West Allis-based operator, has promoted Pierre Verger from vice president of operations to chief operating officer.

February 19, 2018

Development Finance News

BMO Harris Provides $35.3M Construction Financing for 171-Unit Community in Jacksonville

by Jeff Shaw February 16, 2018

JACKSONVILLE, Fla. — BMO Harris Healthcare Real Estate Finance, as sole lender, has provided a $35.3 million loan for the construction of Grand Living at Tamaya, a 171-unit seniors housing community in Jacksonville.

February 16, 2018

News

ESI Arranges $32.6M Sale of Four-Property Portfolio in Southern Illinois

by Jeff Shaw February 16, 2018

SOUTHERN ILLINOIS — Evans Senior Investments (ESI) has arranged the sale of four Legacy Place assisted living and memory care communities in Southern Illinois for $32.6 million.

February 16, 2018

News Skilled Nursing

Blueprint Negotiates $12M Sale of 120-Bed Skilled Nursing Facility Near Tampa

by Jeff Shaw February 16, 2018

PINELLAS PARK, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Signature HealthCARE of Pinellas Park, a 120-bed skilled nursing facility in the Tampa suburb of Pinellas Park.

February 16, 2018

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