News

Pathway to Living Buys 54,387 SF Assisted Living Community in Michigan

by Jeff Shaw February 19, 2018

KENTWOOD, Mich. — Pathway to Living, a Chicago-based owner-operator, has acquired Elmcroft of Kentwood, an 54,387-square-foot assisted living and memory care community in the Grand Rapids suburb of Kentwood.

February 19, 2018

HFF Arranges Financing for 197-Unit Active Adult Community in Dallas

by Jeff Shaw February 19, 2018

DALLAS — Holliday Fenoglio Fowler LP (HFF) has arranged financing for the development of Forestwood Active Adult, a 197-unit, age-restricted community in North Dallas.

February 19, 2018

News People

Heritage Senior Living Promotes Pierre Verger to Chief Operating Officer

by Jeff Shaw February 19, 2018

WEST ALLIS, Wis. — Heritage Senior Living, a West Allis-based operator, has promoted Pierre Verger from vice president of operations to chief operating officer.

February 19, 2018

Development Finance News

BMO Harris Provides $35.3M Construction Financing for 171-Unit Community in Jacksonville

by Jeff Shaw February 16, 2018

JACKSONVILLE, Fla. — BMO Harris Healthcare Real Estate Finance, as sole lender, has provided a $35.3 million loan for the construction of Grand Living at Tamaya, a 171-unit seniors housing community in Jacksonville.

February 16, 2018

News

ESI Arranges $32.6M Sale of Four-Property Portfolio in Southern Illinois

by Jeff Shaw February 16, 2018

SOUTHERN ILLINOIS — Evans Senior Investments (ESI) has arranged the sale of four Legacy Place assisted living and memory care communities in Southern Illinois for $32.6 million.

February 16, 2018

News Skilled Nursing

Blueprint Negotiates $12M Sale of 120-Bed Skilled Nursing Facility Near Tampa

by Jeff Shaw February 16, 2018

PINELLAS PARK, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Signature HealthCARE of Pinellas Park, a 120-bed skilled nursing facility in the Tampa suburb of Pinellas Park.

February 16, 2018

News People

KTGY Appoints Wil Wong to Board of Directors, Adds Kamran Charmsaz as Shareholder

by Jeff Shaw February 16, 2018

IRVINE, Calif. — International design firm KTGY Architecture + Planning has appointed Wil Wong, a principal based in the company’s Irvine office, to its board of directors. In addition, the company promoted Kamran Charmsaz to principal and made him a shareholder.

February 16, 2018

News Skilled Nursing

SLIB Brokers $30M Sale of 183-Bed Skilled Nursing Facility in Washington, D.C.

by Jeff Shaw February 15, 2018

WASHINGTON, D.C. — Senior Living Investment Brokerage has arranged the sale of Brinton Woods, a 183-bed skilled nursing facility in Washington, D.C.

February 15, 2018

Active Adult Development News

Real Estate Equities Development Plans Active Adult Community in Kansas

by Jeff Shaw February 15, 2018

OLATHE, Kan. —Real Estate Equities Development LLC has announced plans for its newest Village Cooperative community, which will be the first owner-occupied seniors housing cooperative in the Kansas City suburb of Olathe.

February 15, 2018

Assisted Living News Operations

Avamere Assumes Management of Five Assisted Living Communities in Pacific Northwest

by Jeff Shaw February 15, 2018

WILSONVILLE, Ore. — The Avamere Family of Companies, a Wilsonville-based operator, has taken over management of five Colony NorthStar Healthcare Income-owned assisted living communities in Oregon and Washington.

February 15, 2018

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