News

WASHINGTON, D.C. and YORKTOWN HEIGHTS, N.Y. — HFF has arranged the $54.5 million sale of two seniors housing assets totaling 219 units: Chevy Chase House in Washington, D.C., and Country House in Yorktown Heights, approximately 40 miles north of New York City.

MADISON, Ala. — Metropolitan Capital Advisors has arranged $18.8 million in construction financing for Shepherd Living at the Range, a 124-bed assisted living and memory care community in the Huntsville suburb of Madison.

MINOT, N.D. — Investors Real Estate Trust (NYSE: IRET), a publicly traded REIT based in Minot, has entered into six separate sales agreements with Edgewood Senior Living and its affiliates. The deals will result in Edgewood buying 26 IRET-owned seniors housing communities and one standard multifamily community for $236 million.

VANCOUVER, Wash. — Prestige Care, a Vancouver-based operator of seniors housing communities in the West, has acquired six communities in Washington and Idaho from industry pioneer Carl Campbell. The price was not disclosed