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.
BETHESDA, Md. — After several months of negotiations, massive seniors housing operator HCR ManorCare and its landlord Quality Care Properties (NYSE: QCP) have reached an agreement over HCR’s more than $385 million in unpaid rent.
NEW PORT RICHEY, Fla. — LandSouth Construction has broken ground on Trinity Independent Senior Living, a luxury independent living community with a construction value of $19.3 million.
PHOENIX — A joint venture between Life Care Services and Westminster Funds has broken ground on Desert Willow Assisted Living, a 44-unit assisted living building on the campus of Sagewood, a continuing care retirement community (CCRC) in Phoenix.
MEBANE, N.C. — KeyBank Real Estate Capital has provided $15.5 million in Fannie Mae first mortgage financing for Mebane Ridge Assisted Living, a 65-unit seniors housing property in Mebane.
WAYZATA, Minn. — Dwight Capital LLC has provided $14.3 million in bridge-to-HUD financing to Superior Healthcare Management, a skilled nursing provider based in the Minneapolis suburb of Wayzata.
PORT ST. LUCIE, Fla. — Watercrest Senior Living Group has opened Watercrest St. Lucie West Assisted Living and Memory Care in Port St. Lucie, located between Miami and Orlando.
