PALM COAST, Fla. — Watercrest Senior Living Group has broken ground on a new Market Street Memory Care Residence in Palm Coast, located approximately midway between Jacksonville and Orlando.
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ANNAPOLIS, Md. — Robert Kramer, the longtime CEO of The National Investment Center for Seniors Housing & Care (NIC), has announced that he will transition to the role of “founder and strategic advisor” effective July 17. Brian Jurutka, the center’s president for the past two years, will add CEO duties to his current responsibilities.
CHICAGO — Harrison Street Real Estate Capital, a Chicago-based private equity firm that invests in education, healthcare and storage real estate, has completed a capital raise of $1.15 billion for its investment fund Harrison Street Real Estate Partners VI.
NORTH OLMSTEAD, Ohio — Monticello Asset Management, through one of its investment vehicles, has originated $37 million in first lien debt financing for Clermont Nursing Realty LLC, a skilled nursing owner based in the Central Ohio city of North Olmstead.