News

Medical Development Partners to Build Memory Care Community in Arizona

by Jeff Shaw January 19, 2016

CHANDLER, Ariz. — Medical Development Partners has unveiled plans for Parkland Memory Care, a 72-bed memory care community to be built in the Phoenix suburb of Chandler. Development costs were not disclosed.

January 19, 2016

News

Arcapita, MorningStar Acquire Three Communities in Colorado for $85M

by Jeff Shaw January 18, 2016

DENVER and COLORADO SPRINGS, Colo. — A joint venture of Arcapita, a global investment management firm, and MorningStar Senior Living, an owner/operator based in Denver, has acquired a three-community seniors housing portfolio in Denver and Colorado Springs for $85 million.

January 18, 2016

Finance News

Cushman & Wakefield Arranges $28.7M Financing for Carlyle Group Community in Florida

by Jeff Shaw January 18, 2016

TAMPA, Fla. — Cushman & Wakefield’s Equity, Debt & Structured Finance group has arranged a $28.7 million acquisition and re-development financing for Renaissance Senior Living, a 226-unit community in Tampa.

January 18, 2016

Finance News

CBRE Provides $32.3M Fannie Mae Loan for 138-Unit Community in California

by Jeff Shaw January 18, 2016

CHICO, Calif. — CBRE Multifamily Capital has originated a $32.3 million loan for The Terraces Senior Living, a 138-unit independent living and assisted living community in Chico, approximately 90 miles north of Sacramento.

January 18, 2016

Development News Skilled Nursing

Mainstreet, Trilogy Open 70-Bed, $12M Skilled Nursing Facility in Indiana

by Jeff Shaw January 18, 2016

RICHMOND, Ind. — Mainstreet, an Indiana-based developer of skilled nursing and rehabilitation facilities, has opened the doors on The Springs of Richmond, a 70-bed property in Richmond, which is located midway between Indianapolis and Columbus, Ohio.

January 18, 2016

Development News

Randolph Breaks Ground on 100-Unit Community near Chicago

by Jeff Shaw January 18, 2016

LONG GROVE, Ill. — William A. Randolph Inc., a commercial contractor, has broken ground on Long Grove Senior Care, a 100-unit assisted living and memory care community in the Chicago suburb of Long Grove.

January 18, 2016

Finance News Skilled Nursing

HJ Sims Arranges $42M in Bonds for Skilled Nursing Provider Athena

by Jeff Shaw January 14, 2016

FARMINGTON, Conn. —HJ Sims has arranged $42 million in taxable bonds for Athena Health Care, a Farmington-based owner/operator of 29 skilled nursing facilities in Connecticut, Massachusetts and Rhode Island.

January 14, 2016

Development News

Sonata Starts Construction of Luxury Community Near Orlando

by Jeff Shaw January 14, 2016

WINTER GARDEN, Fla. — Sonata Senior Living, an Orlando-based owner and operator of senior living communities exclusively located in central Florida, has started construction of Sonata West.

January 14, 2016

News People

American Healthcare Investors Hires Former Brookdale Regional President Christopher Belford

by Jeff Shaw January 13, 2016

IRVINE, Calif. — American Healthcare Investors, an Irvine-based investment firm specializing in the acquisition and management of healthcare-related properties, has hired Christopher Belford as executive vice president, asset management.

January 13, 2016

Development News

Watermark, Freshwater, Weitz Break Ground on $21M Community in Arizona

by Jeff Shaw January 13, 2016

TUCSON, Ariz. — The Weitz Company, a design and construction firm based in Phoenix, has broken ground on Hacienda at the River, a $21 million seniors housing community in Tucson.

January 13, 2016

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