PEORIA, Ill. — Healthcare real estate developer Caddis has hired McShane Construction Co. to build a new Heartis luxury assisted living and memory care community in Peoria.
EUGENE, Ore. — Lancaster Pollard has provided $6.7 million in financing for Benicia Senior Living to fund the acquisition and rehabilitation of River Grove, a 60-unit assisted living and memory care community in Eugene.
ST. LOUIS PARK, Minn. — Oak Grove Capital has arranged an $18.2 million HUD loan modification for TowerLight Senior Living, a 113-unit complex located in St. Louis Park.
ST. PETERSBURG, Fla. — The National Seniors Housing Group of Colliers International has arranged the sale of Bristol Court Assisted Living, a 70-unit memory care facility in St. Petersburg, for $8.4 million.
HOUSTON — Granite Investment Group has acquired five skilled nursing facilities in South Texas via two separate off-market transactions for a total of $90.1 million.
LOUISVILLE, Ky. — Lancaster Pollard has provided $5.4M in HUD financing for Springhurst Pines, a continuing care retirement community (CCRC) in Louisville.
TAMPA, Fla. — Enriched Community Development LLC (ECD), a Tampa-based seniors housing developer, plans to break ground on an 80-unit assisted living and memory care facility to be built in the Fishhawk area of southeast Tampa.
UNIONDALE, N.Y. — Arbor Commercial Funding LLC, a commercial real estate lender, has been named a Fannie Mae Seniors Housing Delegated Underwriting and Servicing (DUS) lender.
MIAMI, Fla. — The National Association of Real Estate Editors (NAREE) has awarded Seniors Housing Business magazine the Silver Award for Best Commercial Trade Magazine.
CHICAGO — Blueprint Healthcare Real Estate Advisors, a brokerage based in Chicago, has arranged the sale of six skilled nursing facilities in Nebraska for $15 million.
