News

AVANA Capital Provides $17.2M Acquisition Loan for 94-Bed Facility in Wichita

by Jeff Shaw January 22, 2018

WICHITA, Kan. — AVANA Capital has provided a $17.2 million bridge loan for the acquisition of Healthcare Resort of Wichita, a 94-bed assisted living and memory care facility 12 miles from downtown Wichita.

January 22, 2018

Caddis Plans 104-Unit Heartis Community Near Milwaukee

by Jeff Shaw January 22, 2018

BROOKFIELD, Wis. — Caddis has unveiled plans for Heartis Village Brookfield, a 104-unit seniors housing community in the Milwaukee suburb of Brookfield.

January 22, 2018

Finance News Skilled Nursing

Capital Funding Group Closes $23M HUD Loan for Skilled Nursing Facility in Pennsylvania

by Jeff Shaw January 22, 2018

PENNSYLVANIA — Capital Funding Group, a Baltimore-based lender, has provided a $23 million HUD loan for a 324-bed skilled nursing facility in Pennsylvania.

January 22, 2018

CCRC Finance News

Ziegler Closes $94.7M Bond Refinancing for 310-Unit CCRC in Austin, Texas

by Jeff Shaw January 19, 2018

AUSTIN, Texas — Ziegler has arranged $94.7 million in bond financing for Longhorn Village, a 310-unit continuing care retirement community in Austin.

January 19, 2018

News

Greystone Arranges $31.3M Sale of 188-Unit Affordable Community in Denver

by Jeff Shaw January 19, 2018

DENVER — Greystone’s Real Estate Advisors group has arranged the sale of Juanita Nolasco Apartments, a 188-unit affordable seniors housing community in Denver.

January 19, 2018

Development News

LCB Plans 90-Unit Community Near Boston

by Jeff Shaw January 19, 2018

HINGHAM, Mass. — The Town of Hingham, a suburb of Boston, has approved the construction of The Residence at Penniman Hill, a 90-unit independent living, assisted living and memory care community.

January 19, 2018

Finance News Skilled Nursing

HJ Sims Provides $12.5M Financing for Skilled Nursing Repositioning in Pennsylvania

by Jeff Shaw January 19, 2018

SCRANTON, Pa. — HJ Sims has provided $12.5 million in financing for PA-LTC, an affiliate of the Guardian Foundation. The loan will refinance some debt and fund renovations at Linwood Nursing and Rehabilitation Center, a skilled nursing facility in Scranton.

January 19, 2018

News Skilled Nursing

NHI Acquires 121-Bed Skilled Nursing Facility in Metro Dallas for $14.4M

by Jeff Shaw January 19, 2018

WAXAHACHIE, Texas — National Health Investors Inc. (NYSE: NHI), a seniors housing and healthcare REIT, has acquired a 121-bed skilled nursing facility in the southern Dallas metro of Waxahachie for $14.4 million.

January 19, 2018

Development News

MorningStar, Confluent Start Construction of 77-Unit Community Near Albuquerque

by Jeff Shaw January 18, 2018

RIO RANCHO, N.M. — Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on MorningStar of Rio Rancho, a 77-unit assisted living and memory care community in the Albuquerque suburb of Rio Rancho.

January 18, 2018

CCRC Finance News

Ziegler Closes $70.2M Bond Financing for 651-Unit CCRC in Phoenix

by Jeff Shaw January 18, 2018

PHOENIX — Ziegler has closed $70.2 million in bond financing for The Beatitudes Campus, a nonprofit continuing care retirement community (CCRC) in north central Phoenix.

January 18, 2018

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