News

ESI Negotiates $5.7M Sale of 98-Bed Skilled Nursing Facility in Montana

by Jeff Shaw February 7, 2018

BUTTE, Mont. — Evans Senior Investments (ESI) has arranged the sale of Copper Ridge Health & Rehab Center, a 98-bed skilled nursing facility in Butte, for $5.7 million.

February 7, 2018

Capitol Seniors Housing Starts Construction of $27.2M Community in Maryland

by Jeff Shaw February 6, 2018

GAMBRILLS, Md. — Capitol Seniors Housing has broken ground on Arbor Terrace Waugh Chapel, an assisted living and memory care community in the Baltimore suburb of Gambrills.

February 6, 2018

News

Inspirit Senior Living Buys Two Communities in Tennessee

by Jeff Shaw February 6, 2018

MURFREESBORO, Tenn. — Inspirit Senior Living has acquired Sunnington Assisted Living and Sunnington Memory Care, two seniors housing communities in the Nashville suburb of Murfreesboro.

February 6, 2018

Assisted Living News

Phoenix Senior Living Acquires 92-Unit Assisted Living Community Near Atlanta

by Jeff Shaw February 6, 2018

GAINESVILLE, Ga. — Phoenix Senior Living has acquired Lanier Lodge, a 92-unit assisted living and memory care community along Lake Lanier in the Atlanta suburb of Gainesville.

February 6, 2018

Assisted Living News

ESI Arranges Sale of 30-Unit Community in Northern Illinois for $4M

by Jeff Shaw February 6, 2018

WINNEBAGO, Ill. — Evans Senior Investments (ESI) has arranged the sale of Prairie View Assisted Living, a 30-unit assisted living community in the Northern Illinois village of Winnebago.

February 6, 2018

Finance News People

HJ Sims Hires Seniors Housing, Healthcare Specialist Melissa Messina as Senior Vice President

by Jeff Shaw February 6, 2018

ROCKVILLE, Md. — HJ Sims, a Connecticut-based lender, has hired Melissa Messina as senior vice president of investment banking. She will be located in the Rockville office.

February 6, 2018

News

Invesque Completes $425M Acquisition of Care Investment Trust

by Jeff Shaw February 5, 2018

TORONTO — Invesque Inc. (TSX: HLP.U), an Indiana-based seniors housing owner and developer formerly known as Mainstreet Health Investments that trades on the Toronto Stock Exchange, has completed its previously announced acquisition of Care Investment Trust LLC.

February 5, 2018

News People

HCP Executive Chairman Mike McKee to Retire

by Jeff Shaw February 5, 2018

IRVINE, Calif. — Michael McKee, executive chairman of Irvine-based healthcare REIT HCP Inc. (NYSE: HCP), has announced that he plans to retire on March 1.

February 5, 2018

News

Blueprint Arranges Sale of Three-Property Portfolio Near Atlanta

by Jeff Shaw February 5, 2018

ATLANTA — Blueprint Healthcare Real Estate Advisors has brokered the sale of a three-property assisted living and memory care portfolio in metro Atlanta.

February 5, 2018

Development News

WNC, Community Preservation Partners Complete $6.6M Renovation of Affordable Community in Southern California

by Jeff Shaw February 5, 2018

ANAHEIM, Calif. — WNC and its subsidiary Community Preservation Partners (CPP), along with nonprofit Jamboree Housing Corp., have completed the $6.56 million (or $36,635 per unit) renovation of Miracle Terrace Apartments in Anaheim.

February 5, 2018

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