PENSACOLA, Fla. — Marcus & Millichap (NYSE: MMI) has arranged the sale of Grandview Assisted Living, a 60-unit assisted living community in the Florida Panhandle community of Pensacola.
GLENDALE, Ariz. — Cadence Senior Living has appointed Reneé Mayo as executive director at Inspira Arrowhead in Glendale. The community is a joint venture between P.B. Bell and Cadence, scheduled to open in January 2019.
RIDGEFIELD, Conn. — Formation Development Group has selected Congress Building Corp. as construction manager for Atria Ridgefield, an 86-unit assisted living and memory care community in Ridgefield, located between New York City and Hartford.
IRVINE, Calif. — Granite Investment Group has hired Ken Hocker as the company’s new president. Hocker is responsible for overseeing day-to-day operations and the development and implementation of the company’s strategic plan.
PETALUMA, Calif. — Senior Living Investment Brokerage Inc. has arranged the sale of Adobe House of Petaluma, a 40-unit memory care community in Petaluma, approximately 40 miles northwest of San Francisco.
RICHMOND HEIGHTS, Mo. — Allegro, a St. Louis-based operator, has hired Nic Scheibel as executive director of the company’s community currently under construction in nearby Richmond Heights.
NATIONAL CITY, Calif. — Walker & Dunlop Inc. (NYSE: WD) has provided an $82 million loan for Paradise Village, located just outside of San Diego in National City.
COLUMBIA, S.C. — Watercrest Senior Living Group and Titan Development Real Estate Fund I have started construction of Watercrest Columbia Assisted Living and Memory Care, a 107-unit assisted living and memory care community in Columbia.
OLATHE, Kan., GRAYSLAKE, Ill., and WHEATON, Ill. — Travanse Living has selected Integral Senior Living to operate Travanse’s three-property seniors housing portfolio in the Midwest.
