NEW YORK CITY and MIDDLETOWN, N.Y. — Capital Funding Group (CFG), a Baltimore-based lender, has provided two HUD refinancing loans for skilled nursing facilities in New York totaling $68.3 million.
SUNSET HILLS, MO. — Senior Lifestyle Corp. has broken ground on The Sheridan at Laumeier Park, a 69,000-square-foot seniors housing community in Sunset Hills, approximately 15 miles southwest of St. Louis.
TAMPA, Fla. — Rookis Investment Partners and Gulf Coastal Development have announced plans to add 139 independent living apartments to Arbor Terrace at Citrus Park, an assisted living and memory care community in Tampa.
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) and Seniors Housing Business magazine have released the 2016 ASHA 50, which catalogues the largest 50 owners and operators of seniors housing communities in the United States.
ATLANTA — Seniors housing by design has both elements of hospitality and healthcare. But which is more important to developers trying to build the next wave of senior facilities?
AUGUSTA, Ga. — CR Properties LLC has unveiled plans for The Claiborne at West Lake, an assisted living and memory care community near Augusta, approximately 150 miles east of Atlanta near the South Carolina border.
RICHMOND, ILL. — Novak Construction has broken ground on a 22,000-square foot affordable senior living apartment complex in Richmond, approximately 70 miles northwest of Chicago.
PORTLAND, Ore. — BPM Senior Living has hired Dan Lamey as the company’s new president and chief operating officer. Lamey will oversee operations, business initiatives and strategic growth for the company.
CLEVELAND — KeyBank Real Estate Capital, a subsidiary of Cleveland-based KeyCorp, has provided $249 million in FHA financing to Formation Capital, a private investment management firm focused on seniors housing.
WILTON MANORS, FLA. — Miami-based Carrfour Supportive Housing has teamed with The Pride Center to build an affordable housing development with a special focus on aging members of the LGBT community.
