News

ALFA to Parner with Memory Care Company MatrixCare to Create Educational Resources

by Jeff Shaw September 25, 2015

ALEXANDRIA, Va. — The Assisted Living Federation of America (ALFA) has announced a three-year corporate partnership with memory care technology company MatrixCare.

September 25, 2015

News People

Brookdale Board Member, Former Emeritus CEO Granger Cobb Passes Away

by Jeff Shaw September 25, 2015

NASHVILLE, Tenn. — Granger Cobb, one of the architects of the merger between giant seniors housing operators Brookdale Senior Living and Emeritus Corp. in 2014, has passed away after a battle with cancer. He was 55.

September 25, 2015

News

ESI Arranges $153.9M Sale of 13 Agapé Communities in South Carolina

by Jeff Shaw September 24, 2015

CHICAGO — Evans Senior Investments (ESI), a Chicago-based investment banking firm, has arranged the sale of 13 Agapé Senior Living communities in South Carolina for $153.9 million.

September 24, 2015

News

Marcus & Millichap Arranges Sale of Two Communities in Oregon for $21.6M

by Jeff Shaw September 24, 2015

PORTLAND, Ore. — Marcus & Millichap (NYSE: MMI has arranged the sale of two seniors housing properties in Oregon for a total of $21.6 million.

September 24, 2015

CCRC Finance News

Ziegler Closes $44.5M Bond Financing for CCRC Near Buffalo

by Jeff Shaw September 24, 2015

ORCHARD PARK, N.Y. — Ziegler, a specialty investment bank, has closed $44.5 million in fixed-rate bonds for Fox Run at Orchard Park, a 53-acre continuing care retirement community (CCRC) south of Buffalo.

September 24, 2015

News People

Kevin Laidlaw Joins Lancaster Pollard’s Mergers and Acquisitions Group

by Jeff Shaw September 24, 2015

COLUMBUS, OH — Lancaster Pollard has promoted Kevin Laidlaw, currently a vice president with the firm, to its mergers and acquisitions (M&A) group

September 24, 2015

Development News

Big Rock to Build New Ventas, Atria Community in South Florida

by Jeff Shaw September 23, 2015

LAKE WORTH, Fla. — Big Rock Partners, a national real estate management and development firm, will begin construction this month on Atria at Villages of Windsor, a Class A seniors housing community in southern Palm Beach County.

September 23, 2015

Finance News

CBRE Finances $21.7M Acquisition of Community in Chicago MSA

by Jeff Shaw September 23, 2015

PARK RIDGE, Ill. — CBRE National Senior Housing has arranged acquisition financing on behalf of Capitol Seniors Housing (CSH) for the acquisition of The Summit of Uptown, a 147-unit independent living and assisted living community located in Park Ridge, a suburb of Chicago.

September 23, 2015

CCRC Finance News

Lancaster Pollard Provides $17M FHA Refinance for CCRC in Ohio

by Jeff Shaw September 23, 2015

GARFIELD HEIGHTS, Ohio — Lancaster Pollard has provided a $17 million FHA refinance for The Village at Marymount, a nonprofit continuing care retirement community (CCRC) affiliated with the Sisters of St. Joseph of the Third Order of St. Francis.

September 23, 2015

News Skilled Nursing

AdCare Acquires 55-Bed Skilled Nursing Facility in Florida for $4.8 million

by Jeff Shaw September 23, 2015

TAMPA, Fla. — Atlanta-based seniors housing investment company AdCare Health Systems Inc. (NYSE MKT: ADK) has agreed to purchase a 55-bed skilled nursing facility in Tampa for approximately $4.8 million. The name of the facility and seller were not disclosed.

September 23, 2015

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