BALTIMORE, Md. — The Shelter Group and Brightview Senior Living have hired Doug Dollenberg Jr. as president of both companies. The current president, Marilynn Duker, has been promoted to CEO and Arnold Richman will remain chairman of both companies.
NEW YORK CITY — Pillar Financial, a division of SunTrust Bank (NYSE: STI), has been approved as a Fannie Mae Seniors Housing Lender through the Delegated Underwriting and Servicing (DUS) program.
PORT ST. LUCIE, Fla. — Watercrest Senior Living has hired Mindy Martin as executive director of Watercrest St. Lucie West Assisted Living and Memory Care, a community in Port St. Lucie, approximately midway between Miami and Orlando.
MESA and TUCSON, Ariz. — Blueprint Healthcare Real Estate Advisors has brokered the sale of a two-property, 249-bed skilled nursing portfolio in Mesa and Tucson.
OXNARD, Calif. — Clearwater Living is preparing to open Clearwater at RiverPark, a 136-unit independent living community in the Southern California city of Oxnard.
UNION CITY, Ga. — Hunt Mortgage Group has provided a $3.1 million HUD loan facility to refinance Country Gardens, a 50-bed assisted living and memory care community in the Atlanta suburb of Union City.
WILMINGTON, N.C. — Live Oak Bancshares,Inc. (NASDAQ: LOB) has hired Adam Sherman as the senior care lending team industry expert. Sherman will work alongside the lending team to serve seniors housing owners and developers.
PHOENIX — Spectrum Retirement Communities has opened The Enclave at Anthem Senior Living, a 159-unit independent living, assisted living and memory care community in Phoenix’s North Black Canyon Corridor.
NORTHBROOK, Ill. — Cushman & Wakefield Senior Housing Capital Markets Group has brokered the sale of North Shore Place, a 156-unit assisted living and memory care community in the Chicago suburb of Northbrook. The price was not disclosed.
