NEW YORK CITY — Hines and Welltower Inc. have broken ground for the construction of Sunrise at East 56th, a seniors housing property located at 139 E. 56th St. in Midtown Manhattan.
GRAND RAPIDS, Mich. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired a 464-bed, five-property skilled nursing portfolio in the Grand Rapids metro area for $41.5 million.
ALEXANDRIA, Va. —Avison Young has arranged the sale of the Mt. Vernon Nursing & Rehab Center, a 45,654-square-foot skilled nursing facility in the Washington, D.C. suburb of Alexandria, for $13 million.
INDIANAPOLIS — BMO Harris Bank’s Healthcare Real Estate Finance group was sole lender on a $34 million term loan to refinance two seniors housing communities in the Indianapolis metro.
BLOOMSBURG, Pa. — Evans Senior Investments has arranged the sale of Bloomsburg Rehab & Wellness Center, a 66-bed skilled nursing facility, for $7.2 million.
TULSA, Okla., SPRING, Texas, and VERNON HILLS, Ill. — Greystone Real Estate Advisors has arranged the sales of three senior living communities in Oklahoma, Texas and Illinois.
CINCINNATI — CommuniCare Health Services has taken over operations of 13 senior living facilities in Ohio previously under the management of Columbus-based Atrium Centers.
SARASOTA, Fla. — HealthTrust, a Sarasota-based seniors housing appraisal and advisory firm, has gone independent from its former owner, Sabra Health Care REIT (NASDAQ: SBRA). The terms were not disclosed.
PRINCETON, N.J. — Solvere Senior Living, a Princeton-based operator, has taken over management of six independent living communities in Michigan and Texas.
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has hired Dan Mahoney as a managing director. Based in Oregon, Mahoney will lead business development in the Pacific Northwest.
