News

Dougherty Provides $3M HUD Refinancing for Affordable Community in Texas

by Jeff Shaw March 30, 2016

DESOTO, Texas — Dougherty Mortgage LLC has closed a $3 million HUD loan for the refinance of Cedar Green Living Center, a 105-unit multifamily affordable seniors housing property in the Dallas suburb of DeSoto.

March 30, 2016

Love Funding Arranges $15M Construction Loan for 90-Unit Community in Arizona

by Jeff Shaw March 29, 2016

PEORIA, Ariz. — Love Funding, a lender based in Washington, D.C., has arranged a $15 million FHA bridge loan for the construction and financing of Agua Fria Senior Living, a 90-unit assisted living and memory care community in the Phoenix suburb of Peoria.

March 29, 2016

News People

Lifespace Hires Scott Nield as Executive Director of CCRC in Florida

by Jeff Shaw March 29, 2016

JUNO BEACH, Fla. — Lifespace Communities, a continuing care retirement community (CRRC) owner/operator based in Iowa, has hired Scott Nield as the executive director of The Waterford in Juno Beach, approximately 85 miles north of Miami.

March 29, 2016

Development News

Winter Construction Breaks Ground on Canterfield Community Near Atlanta

by Jeff Shaw March 29, 2016

KENNESAW, Ga. — Winter Construction has started construction of Canterfield Senior Living of Kennesaw, a luxury seniors housing community in the Atlanta suburb of Kennesaw.

March 29, 2016

News People

Mainstreet Hires Nine New Employees

by Jeff Shaw March 29, 2016

CARMEL, Ind. — Mainstreet, a skilled nursing developer, has hired nine new employees to its headquarters in the Indianapolis suburb of Carmel.

March 29, 2016

News People

HCP CFO Timothy Schoen to Leave Company for BioMed Realty

by Jeff Shaw March 28, 2016

IRVINE, Calif. — Timothy Schoen has announced he will resign his position as chief financial officer of HCP (NYSE: HCP) to become president of BioMed Realty.

March 28, 2016

CCRC Finance News

Ziegler Arranges $26.2M in Bond Financing for Christian Care Centers

by Jeff Shaw March 28, 2016

MESQUITE, Texas — Ziegler, a specialty investment bank, has arrange $26.2 million in bond financing for Christian Care Centers Inc. (CCC), a nonprofit owner/operator based in the Dallas suburb of Mesquite.

March 28, 2016

Development News People

Baptist Retirement Community to Expand CCRC in Texas for $22M

by Jeff Shaw March 28, 2016

SAN ANGELO, Texas — Baptist Retirement Community, a continuing care retirement community in San Angelo, has named Tanya Solsbery as the director of The Crest, which is part of the community’s $22 million expansion.

March 28, 2016

Assisted Living News

Enlivant Buys Two-Property Portfolio in Georgia for $10M

by Jeff Shaw March 25, 2016

ROME and CEDARTOWN, Ga. — Enlivant has purchased two assisted living and memory care communities, both located in rural Georgia, from affiliates of Winthrop Senior Living for $10 million.

March 25, 2016

Development News

NHI Provides $14M Construction Loan for Community in South Carolina

by Jeff Shaw March 25, 2016

CHARLESTON, S.C. — National Health Investors Inc. (NYSE: NHI) has provided a $14 million mezzanine loan to Senior Living Communities LLC for the development of Wellmore of Daniel Island, a 186-unit assisted living, memory care and skilled nursing community.

March 25, 2016

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