News

The Goodman Group Promotes Bill Howell to Director of Operational Development

by Jeff Shaw July 10, 2017

CHASKA, Minn. — The Goodman Group, a seniors housing and multifamily developer, has promoted Bill Howell to director of operational development within its subsidiary, JBG Design & Development.

July 10, 2017

iBorrow Provides $9.3M Bridge Loan for Assisted Living Renovations Near Los Angeles

by Jeff Shaw July 10, 2017

LONG BEACH, Calif. — iBorrow, a private commercial real estate lender, has provided a $9.3 million bridge loan for an assisted living community’s renovations in the Los Angeles suburb of Long Beach.

July 10, 2017

News

Chicago Pacific Founders Acquires 160-Unit Community in Las Vegas

by Jeff Shaw July 7, 2017

LAS VEGAS — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired Acacia Springs, a 160-unit seniors housing community in Las Vegas.

July 7, 2017

News

Griffin-American Healthcare REIT IV to Acquire Eight-Facility Portfolio in Northern California

by Jeff Shaw July 7, 2017

SAN FRANCISCO — American Healthcare Investors and Griffin Capital Co. LLC, the co-sponsors of Griffin-American Healthcare REIT IV Inc., have announced the fund will acquire a 327-unit, eight-property portfolio of seniors housing communities in Northern California.

July 7, 2017

CCRC Development News

Summit Vista Breaks Ground on 105-Acre CCRC in Utah

by Jeff Shaw July 7, 2017

TAYLORSVILLE, Utah — Construction has commenced for Summit Vista, a 105-acre continuing care retirement community in the Salt Lake Valley city of Taylorsville.

July 7, 2017

CCRC Development News

Kisco Opens New Healthcare Building at CCRC in Raleigh

by Jeff Shaw July 7, 2017

RALEIGH, N.C. — Kisco Senior Living has opened the new Healthcare Services Building at The Cardinal at North Hills, a continuing care retirement community in Raleigh.

July 7, 2017

Finance News

KeyBank Provides $7.3M in Financing for Seniors Housing Apartments in Upstate New York

by Jeff Shaw July 7, 2017

GLOVERSVILLE, N.Y. — KeyBank’s Community Development Lending & Investment team will provide a total of $7.3 million in financing to Liberty Affordable Housing.

July 7, 2017

Assisted Living Development News

IMPACT Strategies Completes $17.5M Seniors Housing Community in St. Charles, Missouri

by Jeff Shaw July 6, 2017

ST. CHARLES, MO. — IMPACT Strategies has completed Cedarhust of St. Charles, a $17.5 million seniors housing community in St. Charles.

July 6, 2017

News

MBH Brokers Sale of 114-Unit Seniors Housing Portfolio in Wisconsin

by Jeff Shaw July 6, 2017

JANESVILLE AND SHEBOYGAN, WIS. — MBH Investment Real Estate LLC has brokered the sale of Janesville Regency House and Sheboygan Regency House in Wisconsin. The sales price was not disclosed.

July 6, 2017

News People

Sabra Health Care REIT Hires Brent Chappell as Executive Vice President

by Jeff Shaw July 6, 2017

IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA), an Irvine-based REIT focused primarily on seniors housing, has hired Brent Chappell as executive vice president and portfolio manager.

July 6, 2017

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