News

Cushman & Wakefield Arranges $8.5M Sale of Office for Conversion to Assisted Living

by Jeff Shaw January 27, 2016

PHOENIX — Cushman & Wakefield has arranged the sale of the former Giant Industries corporate headquarters office building in Phoenix for $8.5 million.

January 27, 2016

Development News

KeyBank Provides $12.5 Million to Build Affordable Community in Utah

by Jeff Shaw January 27, 2016

MIDVALE, Utah — KeyBank has provided a $12.5 loan for Founders Pointe Apartments, a 97-unit affordable seniors housing community being developed in the Salt Lake City submarket of Midvale.

January 27, 2016

Development News

The Pacific Cos. Opens $17M Affordable Community in California

by Jeff Shaw January 26, 2016

RICHMOND, Calif. — The Pacific Cos. has opened the doors on Harbour View Apartments, a 61-unit affordable seniors housing community in Richmond, just north of Oakland along San Francisco Bay.

January 26, 2016

Independent Living News

SLIB Arranges $12M Sale of Independent Living Community in Ohio

by Jeff Shaw January 26, 2016

MAYFIELD HEIGHTS, Ohio — Senior Living Investment Brokerage Inc. (SLIB) has arranged the sale of Gates Mills Club, an independent living community in the Cleveland suburb of Mayfield Heights, for $12 million.

January 26, 2016

Finance News

Capital Funding Group Closes $27.5M in Loans for Acquisition of Four Communities

by Jeff Shaw January 25, 2016

BALTIMORE, Md. — Capital Funding Group has provided three bridge-to-HUD loans and a mezzanine loan in the seniors housing sector totaling $27.5 million.

January 25, 2016

Development News

Blue Moon, LCS to Build 207-Unit Community in Texas

by Jeff Shaw January 25, 2016

KATY, Texas — Blue Moon Capital Partners LLC and LCS have formed a joint venture to build The Delaney at Parkway Lakes, a 207-unit independent living, assisted living and memory care community in Katy, approximately 30 miles west of Houston.

January 25, 2016

News People

ABHOW Hires Tyler Ichien as Executive Director for CCRC in California

by Jeff Shaw January 25, 2016

LOS GATOS, Calif. — American Baptist Homes of the West (ABHOW) has hired Tyler Ichien as executive director at The Terraces of Los Gatos, a continuing care retirement community (CCRC) in the San Jose suburb of Los Gatos.

January 25, 2016

Development News Skilled Nursing

Mainstreet, Ensign Group Open 100-Bed Skilled Nursing Facility in Kansas

by Jeff Shaw January 25, 2016

OLATHE, Kan. — Mainstreet, an Indiana-based skilled nursing developer, and The Ensign Group, a California-based operator, have opened The Healthcare Resort of Olathe, a 100-bed skilled nursing facility in the Kansas City suburb of Olathe.

January 25, 2016

Development News Skilled Nursing

Mainstreet, Trilogy Finish Construction of $12.9M Skilled Nursing Facility in Indiana

by Jeff Shaw January 22, 2016

MOORESVILLE, Ind. — Mainstreet, a skilled nursing developer based in Indiana, and Trilogy Health Services, an operator based in Kentucky, have completed construction of The Springs of Mooresville, a 70-bed skilled nursing facility in Mooresville, a suburb of Indianapolis.

January 22, 2016

Development News

Presbyterian Senior Living Opens 50-Unit Affordable Community in Pennsylvania

by Jeff Shaw January 22, 2016

YORK, Pa. — Presbyterian Senior Living has opened the doors on Westminster Place at Queen Street, a 50-unit affordable seniors housing community in York, approximately 100 miles west of Philadelphia.

January 22, 2016

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