News

Mainstreet Adds Six New Employees to Indiana Office

by Jeff Shaw August 31, 2015

CARMEL, Ind. — Skilled nursing facility developer Mainstreet has added six new employees to its Carmel headquarters.

August 31, 2015

Lancaster Pollard Provides $26.7M to Develop New Paradigm Community in Texas

by Jeff Shaw August 28, 2015

CONROE, Texas — Lancaster Pollard private equity program, Propero Seniors Housing Equity Fund, has provided $26.7 million to develop Woodhaven Village, a new seniors housing community in Conroe, about 40 miles north of Houston.

August 28, 2015

Company News News People

Ventas Promotes Two to Senior Vice President Following Skilled Nursing Spinoff

by Jeff Shaw August 28, 2015

CHICAGO — Seniors housing REIT Ventas Inc. (NYSE: VTR) has promoted Christian Cummings and Nicholas Jacoby to senior vice president positions in its asset management business.

August 28, 2015

News

ESI Arranges $6M Sale-Leaseback for Fully Occupied Community in Michigan

by Jeff Shaw August 28, 2015

ROSCOMMON, Mich. — Evans Senior Investments (ESI) has arranged a $6 million sale-leaseback deal for The Brook of Roscommon, a 42-unit assisted living and independent living community in rural Northern Michigan.

August 28, 2015

Assisted Living News

Virtua to Provide Medical Services at Brandywine Community in New Jersey

by Jeff Shaw August 28, 2015

HADDONFIELD, N.J. — Local health system Virtua has partnered with Brandywine Senior Living at Haddonfield to provide medical care, rehabilitation therapy and wellness services to residents of the new assisted living community in Haddonfield.

August 28, 2015

CCRC Development News

Ashby Ponds CCRC in Virginia Adds Independent Living Units

by Jeff Shaw August 27, 2015

ASHBURN, Va. — Ashby Ponds, a continuing care retirement community (CCRC) operated by Erickson Living in Northern Virginia, has opened its new independent living building called Magnolia Place.

August 27, 2015

News

Blueprint Arranges Sale of St. Louis-Area Community for $11.6M

by Jeff Shaw August 27, 2015

COLLINSVILLE, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of a 66-unit assisted living and memory care community in Collinsville, located just outside of St. Louis. The name of the facility was not disclosed.

August 27, 2015

Finance News Skilled Nursing

Lancaster Pollard Provides $5.2M Acquisition Financing for Skilled Nursing Facility in Atlanta

by Jeff Shaw August 27, 2015

ATLANTA — Lancaster Pollard has provided $5.2 million in financing to partially fund the $6 million purchase of Reliable Health & Rehab at Lakewood in Atlanta.

August 27, 2015

Assisted Living News

ESI Arranges Sale of Assisted Living Community in Georgia for $4.9M

by Jeff Shaw August 27, 2015

COLUMBUS, Ga. — Evans Senior Investments (ESI) has arranged the sale of Franciscan Woods, a 60-unit assisted living facility, for $4.9 million.

August 27, 2015

News Skilled Nursing

Country Villa Sells 19 Facilities in Southern California for $65M at Bankruptcy

by Jeff Shaw August 26, 2015

ORANGE COUNTY, Calif. — JCH Senior Housing Group has arranged the sale of Country Villa Health Service’s entire portfolio, which comprises 18 skilled nursing facilities and one assisted living community across Southern California, at bankruptcy auction for $65 million.

August 26, 2015

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