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.
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.
