News

Lifespace Names Joe Chambers VP of Sales, Marketing

by Jeff Shaw December 9, 2015

DES MOINES, Iowa — Lifespace Communities, an owner/operator 12 continuing care retirement communities (CCRCs), has named Joe Chambers as its new vice president of sales and marketing.

December 9, 2015

Walker & Dunlop Adds Brian Jones to Affordable Lending Team

by Jeff Shaw December 8, 2015

CLEVELAND — Walker & Dunlop Inc. (NYSE: WD), a Maryland-based commercial real estate finance firm, has hired Brian Jones to join its FHA Finance group.

December 8, 2015

News

Auctus Capital Partners Buys 99-Unit Community in California

by Jeff Shaw December 7, 2015

CARMICHAEL, Calif. — Auctus Capital Partners has acquired Chateau at Carmichael Park, a 99-unit independent, assisted living and memory care community in the Sacramento suburb of Carmichael, for an undisclosed sum.

December 7, 2015

News Operations Skilled Nursing

Signature HealthCARE Acquires Operations of 18 Care Capital Properties Skilled Nursing Facilities

by Jeff Shaw December 7, 2015

LOUISVILLE, Ky. — Signature HealthCARE LLC, a Louisville-based skilled nursing operator, has acquired the operations of 18 skilled nursing facilities from Elmcroft Senior Living Inc. for an undisclosed price. Care Capital Properties (CCP), a Chicago-based skilled nursing REIT, owns the facilities, all but one of which are located in Kentucky.

December 7, 2015

Development News

Avanti to Build $15M Community near New Orleans

by Jeff Shaw December 7, 2015

COVINGTON, La. — Avanti Senior Living, a developer and operator of luxury seniors housing properties, has announced plans to build Avanti Senior Living at Covington, an assisted living and memory care community in the New Orleans suburb of Covington.

December 7, 2015

Investment News

ROC Buys Six-Property, 596-Unit Portfolio in California, Michigan, Pennsylvania, D.C.

by Jeff Shaw December 4, 2015

ORLANDO, Fla. — ROC Seniors Housing Fund Manager LLC, an Orlando-based investor, has purchased a six-community seniors housing portfolio totaling 596 units in three states and the District of Columbia for an undisclosed price.

December 4, 2015

Development News

McCrory Breaks Ground on $19M Community in South Carolina

by Jeff Shaw December 4, 2015

SIMPSONVILLE, S.C. —McCrory Construction Co., a South Carolina-based builder, has broken ground on The Crossing at Five Forks, an independent living, assisted living and memory care community in Simpsonville, located in Upstate South Carolina.

December 4, 2015

CCRC Finance News

Leumi Provides $13.6M Loan for Acquisition of CCRC in Missouri

by Jeff Shaw December 3, 2015

ST. CHARLES, Mo. — Bank Leumi USA has provided a $13.6 million loan to facilitate the acquisition of Windsor Estates of St. Charles, a continuing care retirement community (CCRC) in the St. Louis suburb of St. Charles.

December 3, 2015

News Skilled Nursing

SLIB Arranges Sale of Skilled Nursing Facility in Illinois for $13.4M

by Jeff Shaw December 3, 2015

OSWEGO, Ill. — Senior Living Investment Brokerage Inc. (SLIB) has arranged the sale of The Tillers, a 106-bed skilled nursing facility in Oswego approximately 50 miles southwest of Chicago, for $13.4 million.

December 3, 2015

Company News Finance News

Capital One Completes $9B Acquisition of GE Capital’s Healthcare Financial Services Lending Business

by Jeff Shaw December 2, 2015

MCLEAN, Va. — Capital One Financial Corp. (NYSE: COF) has completed its acquisition of General Electric Capital Corp.’s Healthcare Financial Services lending business, which was first announced in August.

December 2, 2015

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