MURFREESBORO, Tenn. — Walker & Dunlop Inc. (NYSE: WD) has arranged a $5 million construction loan for Creekside Villas, a memory care facility in Murfreesboro.
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TOLEDO, Ohio, and TORONTO — Welltower Inc. (NYSE: HCN) and Revera Inc. have completed the previously announced acquisition of Regal Lifestyle Communities Inc. for CA$12 per share, for a total of approximately CA$764 million (USD$581 million based on today’s exchange rate of CA$1 to USD$0.76).
CBRE National Senior Housing has arranged an $18.3 million construction loan for a joint venture between Pathway Senior Living and Virtus Real Estate Capital. The joint venture will build Azpira Place of Lake Zurich, a 120-unit assisted living community in the Chicago suburb of Lake Zurich.