News

Atria Opens 155-Unit Community in Bay Area

by Jeff Shaw January 25, 2017

FOSTER CITY, Calif. — Atria Senior Living has opened Atria at Foster Square, a 155-unit independent living, assisted living and memory care community in Foster City, located between San Francisco and San Jose.

January 25, 2017

Benchmark Opens 90-Unit Assisted Living Community Near Boston

by Jeff Shaw January 24, 2017

NORWOOD, Mass. — Benchmark Senior Living has opened Benchmark Senior Living on Clapboardtree, a 90-unit assisted living and memory care community in the Boston suburb of Norwood.

January 24, 2017

News

SLIB Arranges Sales of Two Southeastern Communities

by Jeff Shaw January 24, 2017

PRATTVILLE, Ala., and ORMOND BEACH, Fla. — Senior Living Investment Brokerage (SLIB) has arranged the sale of seniors housing communities in Alabama and Florida for undisclosed prices.

January 24, 2017

News People

Watercrest Hires Cindy Gordie as Executive Director of Community in Jacksonville

by Jeff Shaw January 24, 2017

JACKSONVILLE, Fla. — Watercrest Senior Living has hired Cindy Gordie as executive director of Watercrest of San Jose Assisted Living and Memory Care Community, the company’s new community in Jacksonville.

January 24, 2017

Development Independent Living News

Erickson Plans 114-Unit Expansion to Independent Living Community in New Jersey

by Jeff Shaw January 23, 2017

NEW PROVIDENCE, N.J. — Erickson Living, one of the largest seniors housing operators in the United States, has announced a Phase II expansion of Lantern Hill, the company’s 161-unit independent living community in New Providence, approximately 30 miles west of New York City.

January 23, 2017

News People

HCP Hires Barclays Veteran Peter Scott as Executive Vice President, CFO

by Jeff Shaw January 23, 2017

IRVINE, Calif. — HCP (NYSE: HCP) has hired Peter Scott as the company’s new executive vice president and chief financial officer. Scott replaces Tom Herzog, who was promoted to CEO following the resignation of Lauralee Martin last summer.

January 23, 2017

News Skilled Nursing

Blueprint Brokers $6.4M Sale of 120-Bed Skilled Nursing Facility in Texas

by Jeff Shaw January 20, 2017

WHITEHOUSE, Texas — Blueprint Healthcare Real Estate Advisors has arranged the $6.2 million sale of Oak Brook Health Care, a 120-bed skilled nursing facility in the Tyler suburb of Whitehouse, approximately 110 miles southeast of Dallas.

January 20, 2017

Finance News Skilled Nursing

Capital One Provides $9.3M Refinancing for Skilled Nursing Facility in Illinois

by Jeff Shaw January 20, 2017

WAUKEGAN, Ill. — Capital One has provided a $9.3 million fixed-rate HUD loan for the refinancing of a skilled nursing facility in Waukegan, located approximately midway between Chicago and Milwaukee. The name of the facility was not disclosed.

January 20, 2017

Finance News

Lancaster Pollard Arranges $40.7M Refinancing for Skilled Nursing Facilities in New England

by Jeff Shaw January 19, 2017

AVON, Conn. — Lancaster Pollard has arranged six separate refinancings totaling $40.7 million for Apple Rehab, a skilled nursing provider based in the Hartford suburb of Avon.

January 19, 2017

News

Community Preservation Partners Acquires 179-Unit Affordable Community in Anaheim for $53.5M

by Jeff Shaw January 18, 2017

ANAHEIM, Calif. — Community Preservation Partners (CPP), in a joint venture with Jamboree Housing, has acquired Miracle Terrace Apartments, a 179-unit affordable seniors housing community in the Los Angeles suburb of Anaheim, for $53.5 million.

January 18, 2017

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