News

MedCore, TNRG Buy 13.8 Acres Near Austin for 314-Unit Community

by Jeff Shaw May 21, 2018

GEORGETOWN, Texas — Dallas-based MedCore Partners and Houston-based The National Realty Group (TNRG) have acquired 13.8 acres in the Austin suburb of Georgetown, with plans to build a 314-unit independent living, assisted living and memory care community on the property.

May 21, 2018

News

Clearwater Living Acquires Community from The Wolff Company in Southern California

by Jeff Shaw May 21, 2018

OXNARD, Calif. — Clearwater Living has acquired Clearwater at Riverpark, a newly delivered, 136-unit independent living community in Oxnard.

May 21, 2018

Finance News

CBRE Arranges Acquisition Financing for Two-Property Portfolio in Cincinnati, Salt Lake City

by Jeff Shaw May 21, 2018

CINCINNATI and SALT LAKE CITY — CBRE has arranged an undisclosed amount of financing for the acquisition of a two-property seniors housing portfolio.

May 21, 2018

Assisted Living Finance News

Bank Leumi Provides $9.3M Acquisition Loan for Two Assisted Living Communities in Florida

by Jeff Shaw May 21, 2018

MARGATE and DAVIE, Fla. — Bank Leumi has provided $9.3 million in financing for the acquisition of two assisted living properties in Florida.

May 21, 2018

News

Greysteel Brokers Sale of 92-Unit Affordable Property in Maryland for $7.5M

by Jeff Shaw May 21, 2018

PERRYVILLE, Md. — Greysteel has arranged the sale of Fairgreen Senior Apartments, a 92-unit affordable housing community in Perryville, a small town located between Philadelphia and Baltimore.

May 21, 2018

Development News Skilled Nursing

Greystone Healthcare Management to Open $30M Skilled Nursing Facility in Kendall, Florida

by Jeff Shaw May 18, 2018

KENDALL, Fla. — Greystone Healthcare Management has announced plans to open The Kendall Lakes Health and Rehabilitation Center, a 150-bed skilled nursing facility in the Miami suburb of Kendall.

May 18, 2018

News

LCS to Provide Consulting Services for $215M High-Rise Development Near Miami

by Jeff Shaw May 18, 2018

FORT LAUDERDALE, Fla. — Ocean Land Investments has partnered with both LCS Development and Life Care Services to provide consulting services regarding Riverwalk Residences of Las Olas. Ocean Land Investments is currently developing the 401-unit high-rise seniors housing project.

May 18, 2018

News Skilled Nursing

Blueprint Negotiates Sale of 92-Bed Skilled Nursing Facility in Louisville

by Jeff Shaw May 18, 2018

LOUISVILLE, Ky. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Christian Health Center West, a 92-bed skilled nursing facility in Louisville.

May 18, 2018

Company News News

Lancaster Pollard Opens Bay Area Office

by Jeff Shaw May 18, 2018

WALNUT CREEK, Calif. — Lancaster Pollard has opened an office in Walnut Creek, located in California’s San Francisco Bay Area. Grant Goodman, vice president with the firm, will lead the new office.

May 18, 2018

News People

WellAge Hires Moraine Byrne as Senior Vice President of Operations

by Jeff Shaw May 18, 2018

LAKEWOOD, Colo. — WellAge Senior Communities, a Lakewood-based developer and operator, has hired Moraine Byrne as senior vice president of operations.

May 18, 2018

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