News

Granite Investment Group Acquires Two-Property Memory Care Portfolio in Portland

by Jeff Shaw August 4, 2017

PORTLAND, Ore. — Granite Investment Group has acquired Tabor Crest, a two-property memory care company in East Portland, for an undisclosed price.

August 4, 2017

Civitas to Open Assisted Living Community in Fort Worth

by Jeff Shaw August 4, 2017

FORT WORTH, Texas — Civitas Senior Living has opened a welcome center on the site of The Ridglea, an assisted living and memory care community that is currently under construction.

August 4, 2017

Development News

Dominium Begins Construction of 194-Unit Affordable Community in Minnesota

by Jeff Shaw August 3, 2017

SPRING LAKE PARK, Minn. — Dominium has started construction of Legends of Spring Lake Park, a 194-unit affordable seniors housing community in the Minneapolis suburb of Spring Lake Park.

August 3, 2017

News Skilled Nursing

SLIB Negotiates Sale of Two-Property Skilled Nursing Portfolio in Texas for $9.3M

by Jeff Shaw August 3, 2017

WACO, Texas — Senior Living Investment Brokerage has arranged the sale of two skilled nursing facilities in Texas for $9.3 million.

August 3, 2017

Finance News People

Monticello Asset Management Adds Corley Audorff to Underwriting Team

by Jeff Shaw August 3, 2017

NEW YORK CITY —Monticello Asset Management LLC has hired experienced HUD underwriter Corley Audorff to its team.

August 3, 2017

Development News

Tradition Senior Living Breaks Ground on 316-Unit Community in Houston

by Jeff Shaw August 2, 2017

HOUSTON — Tradition Senior Living LP has broken ground on The Tradition-Buffalo Speedway, a 316-unit independent living, assisted living and memory care community in Houston.

August 2, 2017

News People

Kendal Hires Howard Braxton as Corporate Director for Sales, Marketing

by Jeff Shaw August 2, 2017

KENNETT SQUARE, Pa. — Kendal Corp. has hired Howard Braxton as director of sales and marketing. Working from the company’s headquarters in Kennett Square, his will provide a wide range of sales expertise and on-site training for 12 Kendal-affiliated communities in eight states, as well as the company’s home healthcare company.

August 2, 2017

Development Memory Care News

Silverado Starts Construction of 90-Unit Memory Care Community Near Chicago

by Jeff Shaw August 2, 2017

ST. CHARLES, Ill. — Silverado will lay the foundation next week on Silverado St. Charles, a 90-unit memory care in the Chicago suburb of St. Charles.

August 2, 2017

News

CBRE Brokers $6.8M Sale of 28-Unit Community Near Los Angeles

by Jeff Shaw August 2, 2017

BREA, Calif. — CBRE has arranged the sale of Williams Senior Apartments, a 28-unit age-restricted community in the Los Angeles suburb of Brea, for $6.8 million.

August 2, 2017

Assisted Living Development News

Dominion Breaks Ground on $10M Assisted Living Community in South Carolina

by Jeff Shaw August 1, 2017

CLEMSON, S.C. — Dominion Senior Living has broken ground on Dominion Senior Living at Patrick Square, a $10 million, 50,000-square-foot seniors housing community in Clemson.

August 1, 2017

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