HOT SPRINGS, Ark. — McGrew Properties has opened 17 of the 25 units at Rose Villa Senior Living, an affordable seniors housing property in Hot Springs.
DES MOINES, Iowa — LCS has promoted Joel Nelson to the positions of CEO and president, effective Jan. 1, 2018. Ed Kenny, the company’s current CEO, will stay on as chairman of the board of Life Care Companies LLC and LCS Holdings Inc.
WILTON and SHELTON, Conn. — Avison Young has arranged the sale of a 3.8-acre site in Wilton and an 8-acre site in Shelton, both located in southwest Connecticut and both approved for seniors housing developments, for $8.8 million.
SHREWSBURY, Mass. — LCB Senior Living LLC has opened The Residence at Orchard Grove, an 80-unit independent living, assisted living and memory care community in the Worcester suburb of Shrewsbury.
GREENDALE, Wis. — Evans Senior Investments (ESI) has arranged the sale of Clifden Court, a 92-unit assisted living and memory care community in the Milwaukee suburb of Greendale, for an undisclosed price.
RALEIGH, N.C. — K4Connect, a technology company serving seniors and the seniors housing industry, has hired Chris Romick as director of growth. Romick will report to Derek Holt, president of K4Connect.
IRVINE, Calif. — HCP Inc. (NYSE: HCP) has unveiled a plan to “significantly reduce” its concentration of Brookdale-operated seniors housing communities.
SUMMERFIELD, Fla. — Colliers International has arranged the $4 million sale of Summerfield Suites, a 42-unit assisted living community in Summerfield, approximately 65 miles northwest of Orlando.
ACWORTH, Ga. — BMO Harris Bank’s Healthcare Real Estate Finance group has arranged $40 million in construction and mini-perm financing for the development of a 208-unit independent living community in the Atlanta suburb of Acworth.
