News

CFG Closes Two HUD Refinancings Totaling $20M for Properties in North Carolina, Texas

by Jeff Shaw April 27, 2017

HOUSTON — Capital Funding Group, a Baltimore-based lender, has closed HUD refinancing loans for an assisted living community in North Carolina and a skilled nursing facility in Houston.

April 27, 2017

News

OnShift Announces Scheduler of the Year Winners

by Jeff Shaw April 27, 2017

CLEVELAND — OnShift, a seniors housing software company, has announced the company’s Scheduler of the Year Awards winners.

April 27, 2017

News Skilled Nursing

Meridian Arranges $48M Acquisition Loan for 609-Bed Skilled Nursing Portfolio in Chicago

by Jeff Shaw April 26, 2017

CHICAGO — Meridian Capital Group has arranged $48 million in balance sheet financing for the purchase of a 609-bed skilled nursing home portfolio in Chicago.

April 26, 2017

CCRC Development News

Emerald Communities to Add 42 Units to CCRC in Seattle Suburbs

by Jeff Shaw April 26, 2017

REDMOND, Wash. — Emerald Communities, a nonprofit operator, has announced plans to add a new neighborhood named The Courtyard to its Emerald Heights continuing care retirement community in the Seattle suburb of Redmond.

April 26, 2017

News People Technology

K4Connect Appoints Ellen Grantham as Chief Financial Officer

by Jeff Shaw April 26, 2017

RALEIGH, N.C. — K4Connect, the Raleigh-based tech company that offers the K4Community seniors housing technology, has hired Ellen Grantham as its chief financial officer.

April 26, 2017

Memory Care News Operations

Integral Senior Living to Manage Memory Care Community in California

by Jeff Shaw April 26, 2017

SANTA BARBARA, Calif. — Integral Senior Living (ISL), a seniors housing operator, has been chosen to manage The Oak Cottage of Santa Barbara, a memory care community in Santa Barbara.

April 26, 2017

Assisted Living News

Greystone Arranges $12.5M Sale of 60-Unit Assisted Living Community Near Dallas

by Jeff Shaw April 25, 2017

FORNEY, Texas — Greystone Real Estate Advisors has arranged the sale of Three Forks of Forney, a 60-unit assisted living and memory care community in the Metroplex city of Forney, for $12.5 million.

April 25, 2017

Development News

Dominion Continues Expansion in Kentucky with Planned 61-Unit, $10.3M Community

by Jeff Shaw April 25, 2017

FLORENCE, Ky. — Dominion Senior Living, a faith-based operator headquartered in Knoxville, Tenn., has unveiled plans for Dominion Senior Living of Florence, a 61-unit assisted living and memory care community in the Northern Kentucky city of Florence.

April 25, 2017

Finance News

HJ Sims Arranges $8.5M Refinancing for Community in Central New York

by Jeff Shaw April 24, 2017

NEW HARTFORD, N.Y. — HJ Sims, a Connecticut-based investment bank, has arranged an $8.5 million refinancing for Presbyterian Homes & Services. The loan restructures debt on Preswick Glen, a seniors housing community in the Utica suburb of New Hartford.

April 24, 2017

News

Allegro Senior Living Buys Eight-Acre Parcel in Florida for 175-Unit Community

by Jeff Shaw April 21, 2017

PARKLAND, Fla. — Allegro Senior Living, a St. Louis-based developer, has acquired an eight-acre parcel in the Miami suburb of Parkland to develop a 175-unit seniors housing community.

April 21, 2017

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