News

Development News

Broadmead Plans Two Centers for Excellence at CCRC in Maryland

by Jeff Shaw September 8, 2017

COCKEYSVILLE, Md. — Broadmead, an independent continuing care retirement community in the Baltimore suburb of Cockeysville, has unveiled plans for two centers of excellence at the community.

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September 8, 2017

Development News

Civitas, Guttman to Develop 220-Unit Community in Dayton, Ohio

by Jeff Shaw September 7, 2017

DAYTON, Ohio —Guttman Properties and Civitas Senior Living of Fort Worth have partnered to plan The Grand of Sugarcreek, a luxury senior living community in Dayton.

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September 7, 2017

News Skilled Nursing

CareTrust REIT Acquires 13 Skilled Nursing Facilities in Texas, Idaho, Oregon, Washington for $97M

by Jeff Shaw September 7, 2017

SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has agreed to acquire 13 skilled nursing facilities in three separate transactions for a total purchase price of $97 million. The properties are located in Idaho, Texas, Oregon and Washington.

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September 7, 2017

Development News

United Church Homes Plans $18M Expansion at Community in Ohio

by Jeff Shaw September 7, 2017

BEAVERCREEK, Ohio — United Church Homes (UCH) has unveiled a planned $18 million expansion at Trinity Community, an independent living, assisted living and skilled nursing community in the Dayton suburb of Beavercreek.

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September 7, 2017

Development News

Watermark Opens 129-Unit Community in Tucson

by Jeff Shaw September 7, 2017

TUCSON, Ariz. — Watermark Retirement Communities has opened The Hacienda at the River, a 129-unit assisted living, memory care and skilled nursing community in Tucson.

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September 7, 2017

LifeWell Hires Kimberly Erickson as COO

by Jeff Shaw September 7, 2017

HOUSTON — LifeWell Senior Living, a Houston-based operator, has hired Kimberly Erickson as chief operating officer.

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September 7, 2017

News Skilled Nursing

Omega Acquires 16 Skilled Nursing Facilities for $200M, Gives Hurricane Harvey Update

by Jeff Shaw September 6, 2017

HUNT VALLEY, Md. — Omega Healthcare Investors (NYSE: OHI) has acquired 16 skilled nursing facilities in Indiana for $200 million through two separate transactions. In addition, the company announced that two of its skilled nursing facilities were evacuated during Hurricane Harvey last week.

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September 6, 2017

News Skilled Nursing

Blueprint Arranges Sale of Skilled Nursing Facility in Illinois

by Jeff Shaw September 6, 2017

CRESTWOOD, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Symphony of Crestwood, a skilled nursing facility in the Chicago suburb of Crestwood.

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September 6, 2017

Berkeley Point Capital Provides $20M HUD Refinancing for Affordable Community in Orlando

by Jeff Shaw September 6, 2017

ORLANDO, Fla. — Berkeley Point Capital has completed a $20 million refinancing for Sand Lake Pointe Apartments, a 312-unit affordable housing complex in Orlando. The loan was securitized with Ginnie Mae on a 35-year, fully amortizing term.

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September 6, 2017

News Operations

DiNapoli Capital Partners Selects Integral Senior Living to Manage Community in Fullerton, California

by Jeff Shaw September 6, 2017

FULLERTON, Calif. — DiNapoli Capital Partners has selected California-based Integral Senior Living (ISL) as ther operator for Sunnycrest Senior Living, an independent living and assisted living community in the Los Angeles suburb of Fullerton.

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September 6, 2017

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