News

Caddis Plans Second Heartis Community in Suburban Atlanta

by Jeff Shaw February 16, 2017

SUWANEE, Ga. — Caddis, a Dallas-based healthcare real estate developer, plans to soon break ground on Heartis Suwanee, a 175-unit independent living, assisted living and memory care community in the Atlanta suburb of Suwanee. Construction is already underway on a similar community in nearby Fayetteville.

February 16, 2017

SLIB Arranges Sale of Assisted Living Community in Virginia for $7.5M

by Jeff Shaw February 16, 2017

MARTINSVILLE, Va. — Senior Living Investment Brokerage has arranged the sale of Blue Ridge Manor, an assisted living community located in Martinsville near the North Carolina border, for $7.5 million.

February 16, 2017

News People

Spectrum Retirement Promotes Bradley Kraus to President, Chief Operating Officer

by Jeff Shaw February 14, 2017

DENVER — Spectrum Retirement, a Denver-based owner-operator with 33 senior living communities in 12 states, has promoted Bradley Kraus to the positions of president and chief operating officer.

February 14, 2017

Assisted Living News

SLIB Brokers $10M Sale of 120-Unit Assisted Living Community Near Memphis

by Jeff Shaw February 14, 2017

BARTLETT, Tenn. — Senior Living Investment Brokerage has arranged the sale of Foxbridge Assisted Living, a 120-unit assisted living and memory care community in the Memphis suburb of Bartlett, for $10 million.

February 14, 2017

News

CBRE Arranges $10M Acquisition Loan for 120-Unit Community Near Philadelphia

by Jeff Shaw February 13, 2017

LANSDALE, Pa. — CBRE has arranged $10 million in financing for the acquisition of Spring Meadows of Lansdale, a 120-unit assisted living and memory care community in the Philadelphia suburb of Lansdale.

February 13, 2017

Finance Independent Living News

Harborview Capital Partners Closes $19.3M in Bridge Loans for Independent Living Facilities in Michigan, Texas

by Jeff Shaw February 13, 2017

BRYAN, Texas, and GRAND RAPIDS, Mich. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged two bridge loans for Titan Senquest totaling $19.3 million.

February 13, 2017

News Skilled Nursing

Blueprint Brokers Sale of 141-Bed Skilled Nursing Facility in San Antonio

by Jeff Shaw February 13, 2017

SAN ANTONIO — Blueprint Healthcare Real Estate Advisors, a brokerage firm based in Chicago, has arranged the sale of Parklane West, a 141-bed skilled nursing and rehabilitation facility in San Antonio.

February 13, 2017

Development Independent Living News

Koelsch Communities Starts Construction of $46M Independent Living Community Near Phoenix

by Jeff Shaw February 10, 2017

SURPRISE, Ariz. — Koelsch Communities has started construction of The Park at Surprise, a 155-unit independent living community in the Phoenix suburb of Surprise.

February 10, 2017

Development News

Titan Senior Living Breaks Ground on 109-Unit Project in Corpus Christi

by Jeff Shaw February 10, 2017

CORPUS CHRISTI, Texas — Titan Senior Living, a San Antonio-based developer, has broken ground on Élan: A Senior Lifestyle, a 109-unit assisted living and memory care community in Corpus Christi.

February 10, 2017

News People

Watercrest Hires Christy Skinner as Director of Operations

by Jeff Shaw February 10, 2017

VERO BEACH, Fla. — Watercrest Senior Living Group has hired Christy Skinner for the newly created position of director of operations.

February 10, 2017

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