WEST ALLIS, Wis. — MSP Real Estate, a Midwestern seniors housing developer, and Heritage Senior Living, a Wisconsin-based operator, have hired Brian Martin as vice president of asset management.
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FORT LAUDERDALE, Fla. — The Fort Lauderdale City Commission has approved Ocean Land Investments’s proposed Riverwalk Residences of Las Olas project. The community will offer 401 units of independent living, assisted living and memory care in the South Florida city of Fort Lauderdale.
TRAVERSE CITY, Mich. — CBRE has arranged an undisclosed amount of financing for Cordia Senior Living and Cypress Partners. The money will be used toward Cordia at Grand Traverse Commons, a 110-unit independent living and assisted living community in Traverse City.
Valencia Realty Capital Structures $13M in Financing for NHI’s Acquisition of 63-Unit Memory Care Community in New Hampshire
by Jeff Shaw
RYE, N.H. — Valencia Realty Capital has arranged $13 million in financing for National Health Investors (NYSE: NHI). The loan package will be used toward NHI’s acquisition of Evolve at Rye, a 40-unit memory care community in Rye, located along the Atlantic Ocean near the Maine border.