MIAMI — Pillar has arranged an $11.9 million loan to refinance the Residential Plaza at Blue Lagoon, a 14-story, 350-unit seniors housing facility in Miami.
News
Mainstreet Acquires 10-Community Portfolio in Chicago, Controlling Interest in Canadian Investment Company
by Jeff Shaw
CARMEL, Ind. — Seniors housing developer Mainstreet has acquired a portfolio of 10 skilled nursing communities in the Chicago area, as well as controlling interest in publicly traded Canadian real estate company Kingsway Arms Retirement Services (KWA).
Summit Healthcare REIT Acquires Interest in Four Skilled Nursing Facilities in Texas for $27M
by Jeff Shaw
GRANBURY, WOODVILLE, JACKSONVILLE and LONGVIEW, Texas — Summit Healthcare REIT Inc. has acquired a 10 percent interest in four skilled nursing facilities located in the cities of Granbury, Woodville, Jacksonville and Longview, Texas, for $27 million in a sale-leaseback transaction.