ANNISTON, Ala. — Contemporary Healthcare Capital (CHC) has closed an $830,000 mezzanine loan for the acquisition of Autumn Cove, a 56-unit assisted living and memory care facility located in Anniston, midway between Birmingham and Atlanta.
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VERO BEACH, Fla. — Harbor Retirement Associates (HRA), a regional developer and operator based in Vero Beach, has announced a shake-up in its C Suite. Tim Smick, currently president and CEO, will transition to the positions of chairman and managing partner. Sarabeth Hanson, previously chief operating officer, will take the reins as president and CEO.
NEW YORK CITY — A joint venture between Fort Schuyler Housing Development Co., Smith & Henzy Advisory Group Inc., MDG Design + Construction LLC, Concord Management of New York and partners has unveiled a $52.7 million renovation and refinancing plan for Fort Schuyler House, a 139-unit affordable seniors housing development in the Bronx.