MARTINSVILLE, Va. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Blue Ridge Nursing & Rehabilitation Center, a 300-bed skilled nursing facility in Martinsville, for $28.5 million.
COLUMBIANA, Ohio — Evans Senior Investments has arranged the sale of Whispering Pines Village, an independent living and assisted living facility in Columbiana, for $13.3 million ($194,852 per unit).
FONTANA, Calif. — The Bascom Group LLC has acquired Courtyard Senior Apartments, a 344-unit independent living community in Fontana, for $31.2 million, or $90,552 per unit.
CHICAGO — The board of directors of Ventas Inc. (NYSE: VTR) has approved the spinoff of most of its skilled nursing portfolio into an independent, publicly traded REIT called Care Capital Properties Inc. (CCP).
NEWCASTLE, Wash. — Seniors housing developer Aegis Living has broken ground on assisted living/memory care community Aegis Gardens in Newcastle near Seattle, marking the Pacific Northwest’s first senior living community for Chinese-Americans.
DAYTON, Ohio — Cambridge Realty Capital Cos. has arranged a $14.2 million HUD Lean loan to refinance the Wood Glen Nursing Center, a 148-bed skilled nursing facility in Dayton.
SCOTTSDALE, Ariz. — Arizona-based marketing agency Leavitt Digital has launched its Senior Living Division and hired Kim Tranmer, a 25-year industry veteran, as managing director.
LOS ANGELES — JCH Consulting Group, a brokerage specializing in seniors housing, has arranged the sale of a 90-unit assisted living and memory care community in Los Angeles for $23.4 million. The name of the facility was not disclosed.
BRISTOL, Tenn. — Dominion Senior Living has broken ground on Dominion Senior Living of Bristol, a 60-unit seniors housing community in Bristol, on the border of Tennessee and Virginia.
ELMWOOD, Ill. — Cambridge Realty Capital Cos. has arranged a $16.5 million HUD Lean loan to refinance Elmwood Care, a skilled care nursing facility in Elmwood.
