News

McShane, IBG to Build 102-Unit Affordable Community Near Atlanta

by Jeff Shaw August 16, 2016

ROSWELL, Ga. — The Integral Group has selected a joint venture between McShane Construction Co. and IBG Construction to build The Veranda at Groveway, a 102-unit affordable seniors housing community in the Atlanta suburb of Roswell.

August 16, 2016

Dixon Hughes Goodman Hires Healthcare Transaction Specialist John Brock to Atlanta Office

by Jeff Shaw August 16, 2016

ATLANTA — Dixon Hughes Goodman LLP (DHG), a public accounting and advisory firm based in Charlotte, N.C., has hired John Brock as a partner in the firm’s Atlanta office.

August 16, 2016

News

CBRE Arranges $60M Acquisition Loan for Four-Property Portfolio in Metro Seattle

by Jeff Shaw August 15, 2016

SEATTLE — CBRE has arranged $60 million in acquisition financing for a joint venture between Capitol Seniors Housing and The Carlyle Group. The JV will use the funds to purchase a four-property seniors housing portfolio throughout the Seattle metro area.

August 15, 2016

News

M&M Brokers $15.6M Sale of 87,526 SF Community in Sacramento

by Jeff Shaw August 15, 2016

SACRAMENTO, Calif. — Marcus & Millichap (NYSE: MMI) has arranged the sale of Gramercy Court, an 87,526-square-foot assisted living and skilled nursing facility in Sacramento for $15.6 million.

August 15, 2016

Development Memory Care News

Drever to Build 64-Unit Memory Care Community in Colorado

by Jeff Shaw August 15, 2016

FORT COLLINS, Colo. — Drever Capital Management has unveiled plans for a new Windsong-branded memory care community in Fort Collins, approximately 60 miles north of Denver.

August 15, 2016

News People

Dominion Senior Living Hires Beth Baxter as Executive Director of Community Under Construction in Tennessee

by Jeff Shaw August 15, 2016

HIXSON, Tenn. — Dominion Senior Living has hired Beth Baxter as executive director of Dominion Senior Living of Hixson, a 64-unit assisted living and memory care community currently under construction in the Chattanooga suburb of Hixson.

August 15, 2016

CCRC Development News

Big Rock Starts Construction of $82M, 239-Unit CCRC Near Orlando

by Jeff Shaw August 12, 2016

CELEBRATION, Fla. — Big Rock Partners has started construction of a luxury continuing care retirement community in the Orlando suburb of Celebration.

August 12, 2016

News

Blueprint Brokers $33M Sale of 186-Unit Community in Central New York

by Jeff Shaw August 12, 2016

LIVERPOOL, N.Y. — Blueprint Healthcare Real Estate Advisors has brokered the sale of The Hearth at Greenpoint, a 186-unit independent living and assisted living community in the Syracuse suburb of Liverpool, for $33 million.

August 12, 2016

Assisted Living Finance News

Lancaster Pollard Arranges $7M Refinancing for 200-Unit Assisted Living Facility on Long Island

by Jeff Shaw August 12, 2016

LAKE RONKONKOMA, N.Y. — Lancaster Pollard has arranged the $7 million HUD refinancing of The Lake Shore Assisted Living Home, a 200-unit assisted living facility in the Long Island town of Lake Ronkonkoma.

August 12, 2016

Development News Skilled Nursing

CareTrust REIT Invests $2.2M in Skilled Nursing Development in Idaho

by Jeff Shaw August 12, 2016

NAMPA, Idaho — CareTrust REIT Inc. (NASDAQ: CTRE) has made a $2.2 million preferred equity investment with Cascadia Healthcare LLC to fund the construction of a 99-bed skilled nursing facility in the Boise suburb of Nampa.

August 12, 2016

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