ADDISON, Ill. — LCS, Harrison Street Real Estate Capital and Ryan Cos. US Inc. have started construction of Clarendale of Addison, a 188-unit independent living, assisted living and memory care community in the Chicago suburb of Addison.
SUN CITY WEST, Ariz. — Holliday Fenoglio Fowler,L.P. (HFF) has arranged the sale of The Heritage Tradition, a 303-unit seniors housing community located within the Del Webb master-planned community of Sun City West, just northwest of Phoenix.
BROCKTON, Mass. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Heights Crossing Assisted Living Residence, a 100-unit assisted living and memory care community located in the Boston suburb of Brockton.
ANDOVER, Minn. — Lancaster Pollard has arranged a $10 million loan for Arbor Oaks, a 70-unit assisted living community in the Minneapolis suburb of Andover.
EDEN PRAIRIE, Minn. — HJ Sims has arranged $61.8 million in bond financing for American Baptist Homes of the Midwest (ABHM), a nonprofit operator based in Eden Prairie.
PITTSBURGH — The Community Builders Inc. (TCB), a nonprofit developer of mixed-income housing, has opened Hillcrest Residences, a 66-unit seniors housing community in Pittsburgh’s Carrick neighborhood.
ESCONDIDO, Calif. — JCH Senior Housing Investment Brokerage has arranged the sale of a 51-unit assisted living community in Escondido, located between San Diego and Los Angeles.
DUNKIRK, N.Y. — Greystone has provided a $16.5 million HUD-insured permanent loan to refinance Chautauqua Nursing & Rehabilitation Center, a skilled nursing facility.