News

Sabra To Acquire Minority Interest in 183-Property Enlivant Portfolio for $371M

by Jeff Shaw September 20, 2017

IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has agreed to acquire a 49 percent equity interest in entities that collectively own 183 seniors housing communities, all of which are operated by Enlivant. The transaction values the portfolio at $1.62 billion and Sabra’s investment at $371 million.

September 20, 2017

Pillar Originates $4.8M HUD Refinancing for Affordable Property In Detroit

by Jeff Shaw September 20, 2017

DETROIT — Pillar Financial, a division of SunTrust Bank, has originated a $4.8 million HUD Interest Rate Reduction Program (IRRP) loan to refinance Delta Manor, an affordable seniors housing property in downtown Detroit.

September 20, 2017

Memory Care News People

Anthem Memory Care Appoints Shannon Gutierrez, James Altrichter to VP Positions

by Jeff Shaw September 20, 2017

LAKE OSWEGO, Ore. — Anthem Memory Care has named Shannon Gutierrez as national vice president of operations and James Altrichter as national vice president of clinical services.

September 20, 2017

News People

LifeSpire of Virginia Elects Dr. Valerie Carter to Board of Trustees

by Jeff Shaw September 20, 2017

RICHMOND, Va. — LifeSpire of Virginia has elected Dr. Valerie Carter as the newest member of its Board of Trustees.

September 20, 2017

News

NHI Hires Michelle Kelly as Senior Vice President of Investments

by Jeff Shaw September 19, 2017

MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI) has hired Michelle Kelly as senior vice president of investments. She will be responsible for business development and management of NHI’s customer relationships for the Western United States.

September 19, 2017

News People

Shelter Group, Brightview Senior Living Adds Doug Dollenberg as New President

by Jeff Shaw September 19, 2017

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.

September 19, 2017

Company News Finance News

Pillar Receives Fannie Mae Seniors Housing Lender Designation

by Jeff Shaw September 19, 2017

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.

September 19, 2017

News People

Watercrest Senior Living Adds Mindy Martin as Executive Director of Luxury Community in Florida

by Jeff Shaw September 19, 2017

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.

September 19, 2017

Development Memory Care News

HHHunt Opens $12.9M, 48-Unit Memory Care Community in Virginia

by Jeff Shaw September 18, 2017

RICHMOND, Va. — HHHunt has opened Spring Arbor Cottage of Richmond, a 48-unit memory care community in Richmond.

September 18, 2017

News Skilled Nursing

Blueprint Arranges $15.3M Sale of Two Skilled Nursing Facilities in Arizona

by Jeff Shaw September 18, 2017

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.

September 18, 2017

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