News

Radiant Breaks Ground on 15-Unit Memory Care Expansion Near Portland

by Jeff Shaw December 7, 2016

GRESHAM, Ore. — Radiant Senior Living has broken ground on a new memory care building at Farmington Square Gresham, an assisted living and memory care community in the Portland suburb of Gresham.

December 7, 2016

Development Finance News

Walker & Dunlop Arranges $41M Construction Loan for 240-Unit Community in Orlando

by Jeff Shaw December 6, 2016

ORLANDO, Fla. — Walker & Dunlop has arranged a $41 million loan for Big Rock Partners, which will use the money to fund construction of its 240-unit independent living, assisted living and memory care community adjacent to Disney World in Orlando.

December 6, 2016

Company News News

JLL Acquires Dallas Affiliate of Integra Realty Resources

by Jeff Shaw December 6, 2016

DALLAS — JLL (NYSE: JLL) has acquired the Dallas affiliate of Integra Realty Resources (IRR), a network of independent commercial real estate valuation, counseling and advisory firms. The acquisition further strengthens JLL’s services in Texas, following the company’s October acquisition of IRR’s Houston affiliate.

December 6, 2016

Development News

Mustang Creek Opens Assisted Living, Memory Care Community in Texas

by Jeff Shaw December 6, 2016

BURLESON, Texas — Mustang Creek Estates has opened Mustang Creek Estates of Burleson, an assisted living and memory care community in the Dallas-Fort Worth suburb of Burleson.

December 6, 2016

Assisted Living News

SLIB Brokers $7.5M Sale of 48-Unit Assisted Living Community in Washington

by Jeff Shaw December 6, 2016

VANCOUVER, Wash. — Senior Living Investment Brokerage has arranged the sale of a 48-unit assisted living community in Vancouver, just across the Columbia River from Portland, Ore., for $7.5 million.

December 6, 2016

Development Finance News

KeyBank Provides $92.5M in Bonds for Affordable Housing Near Seattle

by Jeff Shaw December 5, 2016

AUBURN, Wash. — KeyBank’s Community Development Lending & Investing group has provided $95.2 million in tax-exempt bond financing to construct two affordable housing communities in the Seattle suburb of Auburn, one for families and one for seniors.

December 5, 2016

Finance News

CBRE Arranges $30M Refinancing for 300-Unit Portfolio in El Paso

by Jeff Shaw December 5, 2016

EL PASO, Texas — CBRE has arranged a $30 million refinancing for a portfolio of four SunRidge independent living, assisted living and memory care communities in El Paso.

December 5, 2016

Memory Care News

Blueprint Brokers $8.5M Sale of 35-Unit Memory Care Community in Pennsylvania

by Jeff Shaw December 5, 2016

MOOSIC, Pa. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Oakwood Terrace, a 35-unit memory care community in the Scranton suburb of Moosic, for $8.5 million.

December 5, 2016

News Skilled Nursing

CareTrust Acquires Four Skilled Nursing Facilities Near Dallas for $95.9M

by Jeff Shaw December 2, 2016

DALLAS — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired four skilled nursing facilities in metro Dallas for $95.9 million.

December 2, 2016

CCRC News

Juniper Buys 356-Unit CCRC in Pennsylvania for $13.7M

by Jeff Shaw December 2, 2016

BENSALEM, Pa. — Juniper Communities has acquire Wood River Village Retirement Community, a 356-unit continuing care retirement community (CCRC) in the Philadelphia suburb of Bensalem, for $13.7 million.

December 2, 2016

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