News

Western States Lodging Breaks Ground on 216-Unit Community Near Phoenix

by Jeff Shaw January 29, 2018

SCOTTSDALE, Ariz. —Western States Lodging has broken ground on Legacy Village of Salt River, a 216-unit assisted living and memory care community in the Phoenix suburb of Scottsdale.

January 29, 2018

Fannie Mae Seniors Housing Lending Volume Increases 267 Percent in 2017

by Jeff Shaw January 29, 2018

WASHINGTON, D.C. — Fannie Mae provided more than $67 billion in financing for 750,000 multifamily units in 2017, the highest volume in the history of the Washington, D.C.-based government-sponsored lender. Seniors housing accounted for $5.5 billion of that total, an increase of 267 percent from $1.5 billion in 2016.

January 29, 2018

News People

Blueprint Healthcare Real Estate Advisors Names Torey Riso President, CEO

by Jeff Shaw January 29, 2018

CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm focused on healthcare real estate, has hired Salvatore “Torey” Riso as president and CEO.

January 29, 2018

Finance News

NorthMarq Arranges Freddie Mac Financing for 130-Unit Community Near Seattle

by Jeff Shaw January 29, 2018

LYNNWOOD, Wash. — NorthMarq Capital has arranged a Freddie Mac loan to refinance Quail Park of Lynnwood, a 130-unit seniors housing community in the Seattle Suburb of Lynnwood. The size of the loan was not disclosed.

January 29, 2018

Development News

CA Senior Living Starts Construction of 128-Unit Atria Community Near Chicago

by Jeff Shaw January 26, 2018

BOLINGBROOK, Ill. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has started construction of Atria at River Trail, a 128-unit seniors housing community in the Chicago suburb of Bolingbrook.

January 26, 2018

Development News

Pinnacle Housing Group Opens 95-Unit Affordable Housing Renovations in Florida

by Jeff Shaw January 26, 2018

TARPON SPRINGS, Fla. — The Tarpon Springs Housing Authority (TSHA) and Pinnacle Housing Group have opened the doors on The Villages at Tarpon, a 95-unit affordable housing community in the coastal Tampa suburb of Tarpon Springs.

January 26, 2018

News

Blueprint Brokers Sale of Community in Wisconsin

by Jeff Shaw January 26, 2018

RIPON, Wis. — Blueprint Healthcare Real Estate Advisors has brokered the sale Fountain View Care Center and Wolverton Glen Assisted Living, a senior care campus in Ripon, approximately 85 miles northwest of Milwaukee.

January 26, 2018

News People Technology

K4Connect Elects Terri Novak to Board of Directors

by Jeff Shaw January 26, 2018

RALEIGH, N.C. — K4Connect, a seniors housing technology company based in Raleigh, has elected Terri Novak to the company’s Board of Directors.

January 26, 2018

News People

Dominion Names Kayla Cline as Executive Director of Community in Tennessee

by Jeff Shaw January 26, 2018

ATHENS, Tenn. — Dominion Senior Living has hired Kayla Cline as executive director of Dominion Senior Living of Athens, an assisted living community located midway between Chattanooga and Knoxville.

January 26, 2018

Development News

Housing Trust Group to Build $36M Affordable Community Near Miami

by Jeff Shaw January 25, 2018

PEMBROKE PINES, Fla. — Housing Trust Group (HTG) has received construction financing for Douglas Gardens V, a 110-unit affordable seniors housing community in the Miami suburb of Pembroke Pines.

January 25, 2018

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