News

Omega Communities Plans 415-Unit Community in Florida

by Jeff Shaw April 12, 2016

LADY LAKE, Fla. — Omega Communities, a faith-based developer from Alabama, has announced plans to build Living Waters, a 415-unit independent living, assisted living and memory care community in Lady Lake, approximately 50 miles northwest of Orlando.

April 12, 2016

Avison Young Hires Dan Baker as Vice President

by Jeff Shaw April 12, 2016

WASHINGTON, D.C. — Avison Young, a real estate services firm based in Toronto, has hired Dan Baker as a vice president in the company’s Washington, D.C. office.

April 12, 2016

News Skilled Nursing

Blueprint Brokers $4.9M Sale of 59-Unit Skilled Nursing Facility in Florida

by Jeff Shaw April 12, 2016

ST. PETERSBURG, Fla. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Eagle Lake Rehabilitation & Care Center, a 59-bed skilled nursing facility in St. Petersburg, for $4.9 million.

April 12, 2016

Development Finance News

Love Funding Provides $17.8M HUD Loan to Build 118-Unit Assisted Living Community in Florida

by Jeff Shaw April 12, 2016

ENGLEWOOD, Fla. — Love Funding, a Washington, D.C.-based lender, has provided a $17.8 million construction loan to build Heritage Oaks Assisted Living and Memory Care, a 118-unit community in Englewood, located between Tampa and Fort Myers.

April 12, 2016

Assisted Living Development News

Michuda Construction, Heritage Enterprises Open Assisted Living Community in Illinois

by Jeff Shaw April 11, 2016

ORLAND PARK, Ill. — Owner/operator Heritage Enterprises and building Michuda Construction have opened Evergreen Senior Living at Parkview Campus, an assisted living and memory care community in Orland Park, approximately 25 miles southwest of Chicago.

April 11, 2016

Assisted Living News

Blueprint Brokers $11M Sale of 84-Unit Assisted Living Community Near Buffalo

by Jeff Shaw April 8, 2016

TONAWANDA, N.Y. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Tonawanda Manor, an 84-unit assisted living community in the Buffalo suburb of Tonawanda, for $11 million.

April 8, 2016

Development News

KABR Group, Pinnacle Cos. Open 55+ Community in New Jersey

by Jeff Shaw April 8, 2016

WEST CALDWELL, N.J. —The KABR Group and The Pinnacle Cos. have completed The Preserve, a 30-unit 55+ apartment community in the New York City suburb of West Caldwell.

April 8, 2016

News Skilled Nursing

SLIB Arranges $5M Sale of Skilled Nursing Facility in Texas

by Jeff Shaw April 8, 2016

CRANE, Texas — Senior Living Investment Brokerage has arranged the sale of Crane Nursing & Rehabilitation, a skilled nursing facility in rural West Texas, for $5 million.

April 8, 2016

Development Finance News

Cain Brothers Arranges $51.8M in Bond Financing to Reposition CCRC in Kansas City

by Jeff Shaw April 7, 2016

KANSAS CITY, Mo. — Cain Brothers has arranged $51.8 million in bond financing for Kingswood Senior Living Community, a continuing care retirement community in Kansas City.

April 7, 2016

News Skilled Nursing

NHI Buys 12 Skilled Nursing Facilities in Texas for $174.5M

by Jeff Shaw April 7, 2016

MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI), a publicly traded seniors housing and healthcare REIT based in Murfreesboro, has purchased 12 skilled nursing facilities in Texas from operator Legend Healthcare for a total of $174.5 million.

April 7, 2016

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