News

SLIB Arranges Sale of CCRC in St. Louis for $12.85M

by Jeff Shaw August 11, 2015

ST. LOUIS — Senior Living Investment Brokerage Inc. has facilitated the sale of Hidden Lake, a 195-unit continuing care retirement community in St. Louis, for $12.85 million.

August 11, 2015

News

WoodBine, Bourne Financial Acquire Community in Pennsylvania

by Jeff Shaw August 11, 2015

EAST STROUDSBURG, Pa. — WoodBine Senior Living and Bourne Financial Group have acquired Spring Village At Pocono, a 69-unit assisted living and memory care community in East Stroudsburg, for an undisclosed sum.

August 11, 2015

Development News

Zenith Capital, Village Concepts Plan 100-Unit Community in Seattle

by Jeff Shaw August 10, 2015

SEATTLE — Zenith Capital and Village Concepts have announced joint plans for The Linden Village Assisted Living Community, a new 100-unit assisted living and memory care community in North Seattle.

August 10, 2015

News People

Walker & Dunlop Hires Jack Boudler to Manage Seniors Housing in FHA Finance Group

by Jeff Shaw August 10, 2015

BETHESDA, Md. — Walker & Dunlop (NYSE: WD) has hired Jack Boudler as a senior vice president in its FHA Finance group. Boudler will specialize in arranging agency mortgages and interim financing for the national seniors housing and long-term care market.

August 10, 2015

Development News

Morningstar to Open Four New Communities in 2015

by Jeff Shaw August 10, 2015

DENVER — MorningStar Senior Living plans to open four new senior communities throughout the Southwest before the end of 2015.

August 10, 2015

Development News

Dominion Breaks Ground on $8M Community in Tennessee

by Jeff Shaw August 10, 2015

HIXSON, Tenn. — Dominion Senior Living has broken ground on an $8 million faith-based assisted living and memory care community in Hixson.

August 10, 2015

CCRC Finance News

Ziegler Closes $145M in Bond Financing for CCRC in Washington

by Jeff Shaw August 7, 2015

GIG HARBOR, Wash. — Ziegler, a specialty investment bank, has closed $145 million in bond financing for Heron’s Key, a nonprofit continuing care retirement community (CCRC) currently in development in Gig Harbor.

August 7, 2015

News

ESI Arranges Sale of Community in West Virginia for $16.5 million

by Jeff Shaw August 7, 2015

ONA, W.V. — Evans Senior Investments has brokered the sale of Midland Meadows, 98-unit seniors housing community in Ona, for $16.5 million, or $168,367 per unit.

August 7, 2015

News

Chicago Pacific Acquires Sedgwick Plaza In Kansas

by Jeff Shaw August 7, 2015

WICHITA, Kan. — Chicago Pacific Founders (CPF) and its affiliate CPF Living Communities, have acquired Sedgwick Plaza, a 151-unit seniors housing community in Wichita, for an undisclosed price. The acquisition is CPF’s first in Kansas.

August 7, 2015

Finance News Skilled Nursing

Capital Funding Arranges $14M Bridge-to-HUD Refinancing for Skilled Nursing Facility in Florida

by Jeff Shaw August 7, 2015

PALATKA, Fla. — Capital Funding Group has arranged a $14 million bridge-to-HUD loan refinancing for Palatka Health Care Center, a 180-bed skilled nursing facility in Palatka.

August 7, 2015

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