News

SLIB Arranges $11.2M Sale of Two-Property Portfolio in Illinois

by Jeff Shaw April 11, 2017

DECATUR, Ill. — Senior Living Investment Brokerage has arranged the sale of Keystone Gardens and Keystone Meadows, both seniors housing communities in Decatur, for $11.2 million.

April 11, 2017

Blueprint Negotiates $9.3M Sale of 120-Bed Skilled Nursing Facility in Florida

by Jeff Shaw April 10, 2017

PORT ST. JOE, Fla. — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has arranged the $9.3 million sale of The Bridge at Bay St. Joe, a 120-bed skilled nursing facility in Port St. Joe, located on the Gulf Coast on the Florida Panhandle.

April 10, 2017

Finance News People

Eastern Union Funding Hires Healthcare Finance Banking Specialist Nachum Soroka

by Jeff Shaw April 10, 2017

NEW YORK CITY — Eastern Union Funding has hired Nachum Soroka as vice president of the company’s healthcare finance group.

April 10, 2017

News People

Frampton Construction Hires Katherine Panke as Marketing Coordinator

by Jeff Shaw April 10, 2017

CHARLESTON, S.C. — Frampton Construction, a regional construction firm that includes seniors housing properties, has hired Katherine Panke as marketing coordinator in the company’s Charleston office.

April 10, 2017

Company News News Skilled Nursing

Quality Care Properties Enters Into Forbearance Agreement with HCR ManorCare

by Jeff Shaw April 7, 2017

BETHESDA, Md. — Quality Care Properties Inc. (NYSE: QCP), the spinoff company of healthcare REIT HCP, has entered into a forbearance agreement with its principal tenant, HCR III Healthcare LLC and its parent HCR ManorCare Inc.

April 7, 2017

Assisted Living Development News

Weitz Completes 119,000 SF Assisted Living Community in Arizona

by Jeff Shaw April 7, 2017

GILBERT, Ariz. — The Weitz Company has completed construction of Savanna House, a 119,000-square-foot assisted living and memory care facility in Gilbert.

April 7, 2017

Assisted Living News Operations

JCH Arranges New Operator for 95-Unit Assisted Living Community in Las Vegas

by Jeff Shaw April 7, 2017

LAS VEGAS — JCH Consulting Group has arranged the placement of a “long-term, publicly traded credit tenant” at a 95-unit assisted living community in Las Vegas. The name of the facility was not disclosed.

April 7, 2017

Finance News

Greystone Provides $27.5M Loan for 66-Unit Community in San Jose

by Jeff Shaw April 6, 2017

SAN JOSE, Calif. — Greystone, a real estate lending, investment and advisory company, has provided a $27.5 million loan for Oakmont of San Jose, a 66-unit assisted living and memory care community in San Jose.

April 6, 2017

News Skilled Nursing

Blueprint Brokers $82M Sale of 18 Skilled Nursing Facilities in the Midwest

by Jeff Shaw April 6, 2017

CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has negotiated the sale of 18 skilled nursing facilities located throughout the Midwest for $82 million.

April 6, 2017

Finance News

CBRE Arranges Refinancing for 207-Unit Community Near San Francisco

by Jeff Shaw April 6, 2017

DALY CITY, Calif. — CBRE has arranged an undisclosed amount of financing for a large private equity fund. The borrower will use the funds to refinance debt on Peninsula Del Ray, a 207-unit independent living and assisted living community in Daly City.

April 6, 2017

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