News

TNRG, MedCore Reveal Plans for New Community Near Houston

by Jeff Shaw June 26, 2017

ATASCOCITA, Texas — A joint venture between Houston-based The National Realty Group (TNRG) and Dallas-based MedCore Partners have unveiled plans for an independent living, assisted living and memory care community in Atascocita, located northeast of Houston.

June 26, 2017

Harborview Arranges $20.7M Acquisition Loan, Line of Credit for Skilled Nursing Facility in New York

by Jeff Shaw June 26, 2017

WESTCHESTER, N.Y. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $19.2 million bridge-to-HUD acquisition loan and $1.5 million line of credit for a skilled nursing facility in the New York City suburb of Westchester.

June 26, 2017

Company News News Operations

LeadingAge Launches Center for Workforce Solutions to Help Operators with Labor Issues

by Jeff Shaw June 26, 2017

WASHINGTON, D.C. — LeadingAge, a seniors housing industry association representing nonprofit operators, has launched The LeadingAge Center for Workforce Solutions, which will focus on workforce resources for the aging services field.

June 26, 2017

Assisted Living Development News

Forum Architecture Completes Design for 125-Unit Community in Florida

by Jeff Shaw June 22, 2017

LADY LAKE, Fla. — Forum Architecture & Interior Design has completed design work for Village Veranda at Lady Lake, an assisted living community in Lady Lake, approximately 50 miles northwest of Orlando.

June 22, 2017

Development News People

CA Ventures Hires Sean Spellman as Chief Development Officer

by Jeff Shaw June 22, 2017

CHICAGO — Real estate investment holding company CA Ventures has named Sean Spellman as its new chief development officer.

June 22, 2017

Investment News People

Blue Moon Capital Appoints Kevin Donahue as Managing Director

by Jeff Shaw June 22, 2017

BOSTON — Blue Moon Capital Partners LP, a seniors housing private equity investor based in Boston, has hired Kevin Donahue as a managing director of investments.

June 22, 2017

News Technology

Technology, Marketing Will Shape Future of Seniors Housing, Say InterFace Panelists

by Jeff Shaw June 21, 2017

“What do you think the consumer of 2022 or 2027 is going to want as far as technology or amenities?” That was the opening question posed to participants on the “State of the Industry” panel at InterFace Seniors Housing Midwest.

June 21, 2017

Finance News

Walker & Dunlop Structures $6.9M Loan for Affordable Community in Orlando

by Jeff Shaw June 21, 2017

ORLANDO, Fla. — Walker & Dunlop Inc. has structured a $6.9 million loan for William Booth Towers, an age-restricted, Section 8 apartment community in Orlando.

June 21, 2017

Company News News

Virginia United Methodist Homes Rebrands as Pinnacle Living

by Jeff Shaw June 21, 2017

RICHMOND, Va. — Virginia United Methodist Homes Inc., a faith-based owner-operator of seven seniors housing communities in Virginia, has changed its name to Pinnacle Living.

June 21, 2017

Finance News

PSRS Arranges $2.6M Acquisition Financing for 26-Unit Community in San Diego

by Jeff Shaw June 21, 2017

SAN DIEGO — PSRS has arranged $2.6 million in acquisition financing for Melroy Investments, which will use the funds to purchase a three-story, 26-unit seniors housing community in San Diego’s North Park neighborhood.

June 21, 2017

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