News

CCRC in Alabama Plans $42.4M Expansion

by Jeff Shaw February 5, 2016

BIRMINGHAM, Ala. — Methodist Homes of Alabama and Northwest Florida has released plans for a $42.4 million expansion of Fair Haven, a continuing care retirement community (CCRC) in Birmingham.

February 5, 2016

Finance News

Walker & Dunlop is Top Freddie Mac Seniors Housing Lender for 2015

by Jeff Shaw February 4, 2016

ORLANDO, FLA. — Walker & Dunlop was Freddie Mac’s highest-producing seniors housing mortgage seller in 2015, and finished fourth in overall multifamily sales with a total of $5.11 billion.

February 4, 2016

Assisted Living Development News

Dominion to Build $8M Assisted Living Community in Kentucky

by Jeff Shaw February 4, 2016

RICHMOND, Ky. — Dominion Senior Living has started development on Dominion Senior Living of Kentucky, a 60-unit assisted living and memory care community in Richmond, approximately 25 miles south of Lexington.

February 4, 2016

News

Kisco Acquires 183-Unit Former Atria Community in Utah

by Jeff Shaw February 4, 2016

SANDY, Utah — Kisco Senior Living has acquired Atria at Sandy, a 183 unit independent and assisted living community in the Salt Lake City suburb of Sandy, for an undisclosed price.

February 4, 2016

News

Civitas Acquires Two Brookdale Communities in Texas

by Jeff Shaw February 4, 2016

HARLINGEN, Texas — Civitas Senior Living has acquired Brookdale Harlingen and Brookdale Plaza Harlingen, both seniors housing communities in Harlingen, located in the far southeast corner of Texas by the Mexican border, for an undisclosed price.

February 4, 2016

Finance News People

Leumi Promotes Eric Halpern to National Head of Healthcare Lending

by Jeff Shaw February 4, 2016

NEW YORK CITY — Leumi, a commercial bank based in New York, has promoted Eric Halpern to national head of healthcare lending.

February 4, 2016

News People

Senior Lifestyle Corp. Promotes Lisa Fordyce to Chief Operating Officer

by Jeff Shaw February 3, 2016

CHICAGO — Senior Lifestyle Corp., a seniors housing owner, operator and developer based in Chicago, has promoted Lisa Fordyce to the position of chief operating officer.

February 3, 2016

Finance News

Cain Brothers Arranges $40.7M in Bonds for Lutheran Homes Society

by Jeff Shaw February 3, 2016

TOLEDO, Ohio — Cain Brothers has arranged $40.6 million in direct bank purchase bonds for Lutheran Homes Society, a nonprofit seniors housing operator based in Toledo.

February 3, 2016

Memory Care News

CareTrust REIT Acquires Memory Care Facility in Texas for $4.9M

by Jeff Shaw February 3, 2016

SAN ANGELO, Texas — CareTrust REIT, Inc. (NASDAQ:CTRE) has acquired New Haven of San Angelo, a 30-unit assisted living and memory care facility in the West Texas city of San Angelo, for $4.9 million.

February 3, 2016

News People

Lifespace Communities Hires Jodi Bleier, Brian Devlin

by Jeff Shaw February 3, 2016

DES MOINES, Iowa — Lifespace Communities, a nonprofit operator of continuing care retirement communities, has hired Jodi Bleier as vice president of financial operations and strategic growth and Brian Devlin as director of design, construction and development.

February 3, 2016

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