LOS ANGELES — CBRE Group Inc. has announced plans to combine two of its valuation and advisory practices — Seniors Housing & Care and Medical Office — into a single, cohesive Healthcare Practice Group.
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IRVINE, Calif. — Justin Hutchens will leave his post as president of HCP (NYSE: HCP) to become CEO of HC-One, a major seniors housing operator in the United Kingdom. Hutchens will remain in his current role at HCP through June 1 to help with the transition and the first quarter earnings report.
STILLWATER, Minn. — Intergenerational Living & Health Care Inc. (ILHC) has acquired 57 acres of land in Stillwater, a Minneapolis suburb located along the Wisconsin border. The company plans to build The Lakes at Stillwater, a $70 million seniors housing community, on the plot.