OHIO — Meridian Capital Group has arranged $136 million in acquisition financing for a portfolio containing 10 skilled nursing facilities throughout Ohio.
BEE CAVE, Texas — HFF has arranged the sale of Park Manor at Bee Cave, a 140-bed skilled nursing facility in the Austin suburb of Bee Cave, for an undisclosed price.
BAY CITY, Mich. — Berkeley Point Capital has provided an $8.9 million FHA 232/223(f) loan to refinance Sheffield Bay Assisted Living & Memory Care, a 66-unit seniors housing community in Bay City, approximately 100 miles north of Detroit.
NEW YORK CITY — Monticello Asset Management has arranged $8 million in financing for the acquisition of a 140-bed skilled nursing facility in New York City.
TEMPE, Ariz. — Pacific Retirement Services (PRS) has received $252 million in bond financing for the construction of Mirabella at ASU, a 20-story continuing care retirement community (CCRC) on the campus of Arizona State University in Tempe.
CHICAGO — Ventas Inc. (NYSE: VTR) has completed the previously announced transition of 76 of its private-pay seniors housing communities to new management under Eclipse Senior Living.
VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based operator, has hired Kelly Hazlett as the company’s director of human resources and organizational development.
GRANDVILLE, Mich. — Leisure Living Management is set to open Grand Village Assisted Living and Memory Care, a 43,000-square-foot independent living, assisted living and memory care community in Grandville, located near Grand Rapids.
DES MOINES, Iowa — Lifespace Communities, a Des Moines-based owner-operator, has appointed Amy Brainard as director of The Lifespace Foundation. The entity seeks to improve the health and welfare of Lifespace residents through philanthropy.