News

Methodist Retirement Communities Opens $74M CCRC in Texas

by Jeff Shaw March 31, 2016

LEAGUE CITY, Texas — Methodist Retirement Communities (MRC) has opened the doors on The Crossings, a $74 million continuing care retirement community in the Houston suburb of League City.

March 31, 2016

Development News

Caddis to Develop 168-Unit Heartis Community in Georgia

by Jeff Shaw March 31, 2016

FAYETTEVILLE, Ga. — Caddis, a healthcare real estate firm based in Dallas, has announced its plans to develop Heartis Fayetteville, a 168-unit independent living, assisted living and memory care community in the Atlanta suburb of Fayetteville.

March 31, 2016

Assisted Living Finance News

Lancaster Pollard Provides $9.2M Refinancing for Assisted Living Community in New York

by Jeff Shaw March 31, 2016

NISKAYUNA, N.Y. — Lancaster Pollard has closed the $9.2 million refinancing of Ingersoll Place Assisted Living, a 57-unit nonprofit community in the Albany suburb of Niskayuna.

March 31, 2016

Development News

Elderfire Lodges to Build 150-Bed Assisted Living Community in Florida

by Jeff Shaw March 30, 2016

LEESBURG, Fla. — Elderfire Lodges, a developer based in Florida, has unveiled plans for Red Maple Lodge, a 150-bed assisted living and memory care community in Leesburg, approximately 45 miles northwest of Orlando.

March 30, 2016

Assisted Living News

Blueprint Arranges Sale of 71-Unit Assisted Living Community in California for $13.5M

by Jeff Shaw March 30, 2016

YUBA CITY, Calif. — Blueprint Healthcare Real Estate Advisors has arranged the $13.5 million sale of Summerfield Senior Living, a 71-unit assisted living and memory care community in Yuba City, approximately 40 miles north of Sacramento.

March 30, 2016

Finance 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

Development Finance News

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

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