CHICO, Calif. — Senior Living Investment Brokerage has arranged the sale of Townsend House, a 30-unit assisted living facility in Chico, approximately 90 miles north of Sacramento.
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KNOXVILLE, Tenn., FAYETTEVILLE, Ark. and LITTLE ROCK, Ark. — Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), has arranged the sale of three Clarity Pointe memory care communities located in Knoxville, Fayetteville and Little Rock.
IRVINE, Calif. — HCP Inc. (NYSE: HCP), one of the Big Three REITs investing in seniors housing, has appointed Katherine Sandstrom as an independent director to its Board of Directors. Sandstrom will also serve as a member of the Compensation & Human Capital Committee and the Investment & Finance Committee.