News

Five Star Completes Rehabilitation Center at Existing Community in Indiana

by Jeff Shaw July 18, 2017

BLOOMINGTON, Ind. — Five Star Senior Living Inc. (NASDAQ: FVE) has completed a new short-term rehabilitation center at Meadowood Retirement Community in Bloomington.

July 18, 2017

Memory Care News

Evans Senior Investments Arranges $4.3M Sale of Memory Care Community Near Louisville

by Jeff Shaw July 17, 2017

JEFFERSONTOWN, Ky. — A private equity firm has acquired Park Louisville, a memory care facility in the Louisville suburb of Jeffersontown, for $4.3 million.

July 17, 2017

Development Independent Living News

Skender Construction Completes 62,000 SF Affordable Community in Chicago

by Jeff Shaw July 17, 2017

CHICAGO — Skender Construction has completed J. Michael Fitzgerald Apartments, a 62,000-square-foot affordable seniors housing community in Chicago’s North Park Village.

July 17, 2017

News Skilled Nursing

MedEquities to Acquire Two Skilled Nursing Facilities in Indiana for $15M

by Jeff Shaw July 14, 2017

BROOKVILLE and LIBERTY, Ind. — MedEquities Realty Trust (NYSE: MRT) has agreed to acquire Brookville Healthcare Center in Brookville and Whitewater Commons Senior Living Center in Liberty, both skilled nursing facilities, for $15 million.

July 14, 2017

News People

McGrath & Associates promotes Scott Olson to Healthcare Business Manager

by Jeff Shaw July 14, 2017

ST. LOUIS, Mo. — McGrath & Associates, a St. Louis-based general contractor, has promoted Scott Olson to the position of healthcare business manager.

July 14, 2017

Development Finance News

Walker & Dunlop Arranges $28.2M Construction Loan for 137-Unit Community in Colorado

by Jeff Shaw July 13, 2017

MONUMENT, Colo. — Walker & Dunlop Inc. has structured a $28.2 million construction loan for Jackson Creek Senior Living, a 137-unit assisted living facility in Monument, located between Denver and Colorado Springs.

July 13, 2017

Assisted Living Development News

Joint Venture to Develop 120,000 SF Community in Charleston

by Jeff Shaw July 13, 2017

CHARLESTON, S.C. — A joint venture between Alex. Brown Realty Inc. (ABR), Wakefield Capital and Affinity Living Group has announced development plans for Indigo Hall, a 120,000-square-foot seniors housing community on James Island in Charleston.

July 13, 2017

CCRC Development News

Five Star Completes Renovations of CCRC in Illinois

by Jeff Shaw July 13, 2017

ARLINGTON HEIGHTS, Ill. — Five Star Senior Living (NASDAQ: FVE) has completed renovations at Church Creek Senior Living, a continuing care retirement community in the Chiacgo suburb of Arlington Heights.

July 13, 2017

Development Memory Care News

Koelsch to Break Ground on $24M Memory Care Community Near Seattle

by Jeff Shaw July 12, 2017

KIRKLAND, Wash. — Koelsch Communities will break ground July 19 on Jefferson House, an 80-bed memory care community in the Seattle suburb of Kirkland.

July 12, 2017

Finance News Skilled Nursing

Harborview Closes $48.6M in Financing for Two Skilled Nursing Facilities in Florida

by Jeff Shaw July 12, 2017

TAMPA and JUPITER, Fla. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $44.8 million loan for two skilled nursing facilities in Tampa and Jupiter. The names of the properties were not disclosed

July 12, 2017

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