News

NHI Promotes Kevin Pascoe to Chief Investment Officer

by Jeff Shaw February 22, 2017

MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI) has promoted Kevin Pascoe to chief investment officer.

February 22, 2017

MidCap Financial Provides $4.5M Bridge Loan to Compass Senior Living

by Jeff Shaw February 22, 2017

PAYSON, Ariz. — MidCap Financial has arranged a $4.5 million bridge-to-HUD loan to refinance Compass Senior Living’s Majestic Rim Retirement Living, located in the Phoenix suburb of Payson.

February 22, 2017

News

Hammond Hanlon Camp Arranges Sale of Community in New Jersey

by Jeff Shaw February 22, 2017

CHERRY HILL, N.J. — Hammond Hanlon Camp LLC, a healthcare-focused investment banking firm, has arranged the sale of Cadbury at Cherry Hill, a continuing care retirement community in the Philadelphia suburb of Cherry Hill.

February 22, 2017

Finance News Skilled Nursing

Capital One Closes $12.1M FHA Loan to Refinance Michigan Skilled Nursing Facility

by Jeff Shaw February 22, 2017

WESTLAND, Mich. — Capital One has provided a $12.1 million fixed-rate HUD loan to refinance a 230-bed skilled nursing facility in the Detroit suburb of Westland.

February 22, 2017

Finance News

Lancaster Pollard Arranges $5.7M Refinancing for Community in Minnesota

by Jeff Shaw February 22, 2017

GRAND RAPIDS, Minn. — Lancaster Pollard has arranged a $5.7 million FHA refinancing for River Grand Senior Living, a 61-unit assisted living and memory care community in the Northern Minnesota town of Grand Rapids.

February 22, 2017

News People

MBK Hires Jeff Fischer as President of MBK Senior Living

by Jeff Shaw February 21, 2017

IRVINE, Calf. — MBK Real Estate Cos. has hired Jeff Fischer as president of the company’s senior living division, MBK Senior Living. In his new role, Fischer lead MBK Senior Living’s strategic operations plans, team building and leadership, as well as drive division’s ongoing growth.

February 21, 2017

News

Monticello Participates in $14.3M Loan to Acquire Community in Sacramento

by Jeff Shaw February 20, 2017

SACRAMENTO, Calif. — Monticello Asset Management, through one of its investment vehicles, has participated in a $14.3 million bridge-to-HUD loan to 2200 Gramercy Drive LLC. The borrower will use the funds to acquire an assisted living and skilled nursing facility in Sacramento.

February 20, 2017

Memory Care News People

Anthem Memory Care Hires Jason O’Higgins as National Director of Sales

by Jeff Shaw February 20, 2017

LAKE OSWEGO, Ore. — Anthem Memory Care has appointed Jason O’Higgins as national director of sales. In his new role, O’Higgins will handle training, coaching, processes and other sales operations for the Oregon-based memory care operator.

February 20, 2017

News

Inspirit, Care Investment Trust Acquire 120-Bed Community in Memphis

by Jeff Shaw February 20, 2017

MEMPHIS, Tenn. — A joint venture between Inspirit Senior Living and Care Investment Trust has acquired Foxbridge, a 120-bed independent living, assisted living and memory care community in Memphis.

February 20, 2017

Finance News

KeyBank Originates $62M in Financing for Five-Property Portfolio in Texas

by Jeff Shaw February 17, 2017

AMARILLO, CLEBURNE, CONROE, CYPRESS and FORT WORTH, Texas — KeyBank Real Estate Capital has originated $62 million in financing for a five-property portfolio of Heartis-branded communities in Texas.

February 17, 2017

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