JACKSONVILLE, Fla. — Greystone’s Real Estate Advisors group has arranged the sale of Wyndham Lakes, a 245-unit independent living, assisted living and memory care community in Jacksonville, for $21.5 million.
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ATLANTA — SunTrust Banks Inc. (NYSE: STI) has signed a definitive agreement to acquire all of the assets of the operating subsidiaries of Pillar Financial LLC. The assets include Pillar’s multifamily lending business, which comprises affordable housing, healthcare properties, seniors housing and manufactured housing specialty teams.
CLEVELAND, Tenn. — Life Care Centers of America Inc., an operator of more than 220 skilled nursing, assisted living and memory care communities in the United States, has agreed to settle a government lawsuit against the company and its owner and founder, Forrest Preston, for $145 million.