News

Wolverine Building Group Announces Four New Hires

by Jeff Shaw May 30, 2018

GRAND RAPIDS, Mich. — Wolverine Building Group, a Grand Rapids-based construction company that serves the seniors housing industry, has announced four new team members.

May 30, 2018

Ziegler Closes $72.6M Bond Refinancing for Two-Property HumanGood Portfolio

by Jeff Shaw May 29, 2018

DES MOINES, Wash. and PHOENIX — Ziegler, a specialty investment bank, has closed $72.6 million in bond financing for nonprofit owner-operator HumanGood.

May 29, 2018

Development News

Leisure Living Breaks Ground on $23M Community in Michigan

by Jeff Shaw May 29, 2018

FOREST HILLS, Mich. — Leisure Living Management has broken ground on Cascade Trails Senior Living, a 104-unit independent living, assisted living and memory care community in the Grand Rapids suburb of Forest Hills.

May 29, 2018

News Skilled Nursing

Blueprint Negotiates Sale of Two Skilled Nursing Facilities in Florida

by Jeff Shaw May 29, 2018

DELAND, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of University Center East and University Center West, two skilled nursing facilities in DeLand, approximately 40 miles north of Orlando.

May 29, 2018

News

MBK to Acquire Nine-Property Portfolio in West for $382M

by Jeff Shaw May 25, 2018

IRVINE, Calif. — MBK Real Estate has agreed to acquire a nine-property seniors housing portfolio in California, Washington and Arizona for $382 million.

May 25, 2018

Development News

CA Senior Living Starts Construction of 122-Unit Expansion Near Seattle

by Jeff Shaw May 25, 2018

LYNNWOOD, Wash. — CA Senior Living has started construction of a 122-unit expansion at Quail Park of Lynnwood, a seniors housing community in the Seattle suburb of Lynnwood.

May 25, 2018

CCRC News

Ziegler Arranges Sale of 268-Unit CCRC in Dallas to The Ensign Group

by Jeff Shaw May 25, 2018

DALLAS — Ziegler has arranged the sale of Grace Presbyterian Village, a continuing care retirement community in Dallas. Presbyterian Communities & Services sold the community to The Ensign Group for an undisclosed price.

May 25, 2018

News

Blue Moon, Cedarbrook Acquire 142-Unit Community in Michigan

by Jeff Shaw May 25, 2018

BLOOMFIELD HILLS, Mich. — A joint venture between Blue Moon Capital Partners LP and Cedarbrook Senior Living has acquired Cedarbrook of Bloomfield Hills.

May 25, 2018

News Skilled Nursing

Blueprint Brokers $59.8M Sale of 14-Property Skilled Nursing Portfolio

by Jeff Shaw May 24, 2018

ILLINOIS and MISSOURI — Blueprint Healthcare Real Estate Advisors has arranged the sale of 14 skilled nursing facilities in Illinois and Missouri for $59.8 million.

May 24, 2018

Development Finance News

CBRE Arranges Construction Financing for Two Communities Near Hartford, Connecticut

by Jeff Shaw May 24, 2018

FARMINGTON and SIMSBURY, Conn. — CBRE has arranged an undisclosed amount of financing for a joint venture between CA Ventures and a global investment manager. The funds will be used toward the construction of two seniors housing communities in the Hartford area.

May 24, 2018

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