DOTHAN, Ala. — Methodist Homes of Alabama and Northwest Florida has announced an $8.4 million expansion and renovation to Wesley Manor, a seniors housing community in Dothan, located in southeastern Alabama near the Florida and Georgia borders.
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has expanded its revolving credit facility from $300 million to $400 million, while simultaneously entering into a new $100 million, seven-year, non-amortizing unsecured term loan.
DALLAS — LTC Properties Inc. (NYSE: LTC), a healthcare REIT based in California, has acquired a skilled nursing facility in the Dallas-Fort Worth area for $16 million. The name of the facility was not disclosed.
WOODBURN, Ore. — Radiant Senior Living, a Portland-based owner/operator, has purchased Emerald Gardens of Woodburn, a 44-unit assisted living and memory care facility approximately 30 miles south of Portland, for $6 million.
IRVING, Texas — Memory care developer The LaSalle Group Inc has named Kim Alleman to the position of senior vice president of people and culture, a newly created position.
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.
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.
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.
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.
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.
