News

Memory Care America Promotes Linda Carrasco to Regional Director of Operations

by Jeff Shaw March 6, 2017

NASHVILLE, Tenn. — Memory Care America has promoted Linda Carrasco to regional director of operations.

March 6, 2017

NHI Buys Skilled Nursing Facility Near San Antonio for $13.9M

by Jeff Shaw March 6, 2017

NEW BRAUNFELS, Texas — National Health Investors Inc. (NYSE: NHI) has acquired a 126-bed skilled nursing facility in the San Antonio suburb of New Braunfels for $13.9 million. The seller and name of facility were not disclosed.

March 6, 2017

CCRC News People

SQLC Names Mike Lucas Executive Director of 228-Unit CCRC in Corpus Christi

by Jeff Shaw March 6, 2017

CORPUS CHRISTI, Texas — Senior Quality Lifestyles Corp. has named Mike Lucas executive director of Mirador, a nonprofit continuing care retirement community (CCRC) in Corpus Christi.

March 6, 2017

Development News Skilled Nursing

Harborview Capital Partners Closes $14.5M Construction Loan for Skilled Nursing Facility in Sacramento

by Jeff Shaw March 6, 2017

SACRAMENTO, Calif. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged $14.5 million in financing for the construction of a 40-bed skilled nursing facility in Sacramento.

March 6, 2017

News Skilled Nursing

CareTrust REIT Acquires Five-Property Illinois Skilled Nursing Portfolio for $29.2M

by Jeff Shaw March 2, 2017

SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired a five-property portfolio of skilled nursing facilities in Illinois for $29.2 million.

March 2, 2017

Development News

McShane to Build 68-Unit Expansion at Community Near Chicago

by Jeff Shaw March 2, 2017

NORTHBROOK, Ill. — McShane Construction Co. has been selected to build the Phase IV construction of The Lodge of Northbrook, a seniors housing community in the Chicago suburb of Northbrook.

March 2, 2017

Memory Care News

SLIB Brokers $18.6M Sale of Memory Care Community in Santa Barbara

by Jeff Shaw March 2, 2017

SANTA BARBARA — Senior Living Investment Brokerage has arranged the sale of Oak Cottage of Santa Barbara, a 44-bed memory care facility in Santa Barbara.

March 2, 2017

Development News People

Dominion Opens Community in Tennessee, Hires Five Directors

by Jeff Shaw March 1, 2017

HIXSON, Tenn. — Dominion Senior Living has opened the doors on Dominion Senior Living of Hixson, a 64-unit assisted living and memory care community in the Chattanooga suburb of Hixson.

March 1, 2017

News People

CareTrust REIT Appoints Spencer Plumb to Board of Directors

by Jeff Shaw March 1, 2017

SAN CLEMENTE, Calif. — CareTrust REIT (NASDAQ: CTRE) has appointed Spencer Plumb as an independent Class III director to the company’s Board of Directors.

March 1, 2017

News People

HJ Sims Expands Puerto Rico Office With Addition of Four to Advisory Team

by Jeff Shaw March 1, 2017

GUAYNABO, Puerto Rico — HJ Sims has added four new hires to its advisory team in Guaynabo: Roberto Feria Cestero as senior vice president of private client wealth management; Carlos Alvarado as vice president of investments; Maria “Magie” Mena as senior client service associate; and Adrian Fernandez as investment advisor.

March 1, 2017

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