MOORESTOWN, N.J. — Acts Retirement-Life Communities Inc., one of the nation’s largest nonprofit operators, has announced its affiliation agreement with The Evergreens, a 300-unit continuing care retirement community (CCRC) in Moorestown.
BOWLING GREEN, Ky. — Evans Senior Investments (ESI) has arranged the sale of Bowling Green Retirement Village, a 138-unit independent living and assisted living community in Bowling Green, for $10.4 million.
MCHENRY, Ill. — Lancaster Pollard has arranged an $11.2 million HUD refinancing for Heritage Woods of McHenry, a 100-unit supportive living facility in McHenry, located between Chicago and Milwaukee.
CORVALIS, Ore. — Contemporary Healthcare Capital (CHC) has arranged a $1.2 million mezzanine loan to refinance a 32-unit memory care community in Corvalis, approximately 80 miles south of Portland.
ARLINGTON HEIGHTS, Ill. — Presbyterian Homes has opened the doors on The Highlands, an expansion on its The Moorings at Arlington Heights continuing care retirement community in the Chicago suburb of Arlington Heights.
ROUND ROCK, Texas — Invesque Inc. (TSX: HLP.U) has acquired Rapid Recovery Center of Texas, a 70-bed skilled nursing facility in the Austin suburb of Round Rock, for $22.8 million.
FREDERICK, Pa. — HJ Sims has arranged a $19.5 million financing package for Frederick Living, a continuing care retirement community (CCRC) in the Philadelphia suburb of Frederick.