WASILLA, Alaska — Boston Capital is investing an undisclosed sum in the construction of Vista Rose II Apartments, a 36-unit affordable community for seniors in Wasilla, approximately 40 miles northeast of Anchorage.
FARMINGTON, N.M. — Welbrook Senior Living has started construction of its second transitional rehabilitation facility, located in Farmington in the northwest corner of New Mexico.
CHICAGO — Ventas (NYSE: VTR) is planning to transfer operations of 30 of its communities from Elmcroft Senior Living to a new company led by industry veteran Kai Hsiao, according to Ventas CEO Deb Cafaro on this week’s third-quarter earnings call.
BRENTWOOD, Tenn. — The proposed $3 billion acquisition of Brookdale Senior Living (NYSE: BKD) by a Chinese investor has officially died, according to a report by Bloomberg.
FORT MILL, S.C. — Blake Management Group has announced plans for The Blake at Baxter Village, an independent living, assisted living and memory care community in the Charlotte suburb of Fort Mill.
SAN CLEMENTE, Calif — CareTrust REIT Inc. (NASDAQ: CTRE), a healthcare REIT focused on skilled nursing, has acquired three skilled nursing facilities in Southern California, and provided mortgage financing on a fourth.
READING, Mass. — Cushman & Wakefield has arranged the sale of Residence at Pearl Street, an 83-unit assisted living and memory care community in the Boston suburb of Reading, for an undisclosed price.
HUNT VALLEY, Md. — Omega Healthcare Investors (NYSE: OHI), a skilled nursing and assisted living REIT based in Hunt Valley, announced a third-quarter loss of $137.5 million on its earnings call on Monday, Oct. 30.
ST. AUGUSTINE, Fla. — Cushman & Wakefield has arranged the sale of Glenmoor, a 223-unit seniors housing community in St. Augustine, approximately 40 miles south of Jacksonville.
CARY, N.C. — Liberty Senior Living, a division of Liberty Healthcare Group, has broken ground on Brightmore of Cary, a 311-unit continuing care retirement community (CCRC) in the Raleigh suburb of Cary.