VANCOUVER, Wash. — Walker & Dunlop Inc. (NYSE: WD) has closed a $3.4 million loan for Arbor Ridge Assisted Living with the Vancouver Housing Authority.
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BRENTWOOD, TENN. AND IRVINE, CALIF. — Brookdale Senior Living (NYSE: BKD) and HCP Inc. (NYSE: HCP) have arranged the closing of their previously announced portfolio acquisition of 35 private pay seniors housing communities, representing 5,025 units, for $847 million from Chartwell Retirement Residences.
Capital Funding Arranges $18.3M Bridge-to-HUD Acquisition Loans for Two Pennsylvania Skilled Nursing Facilities
by Jeff Shaw
COLUMBIA and ELIZABETHTOWN, Pa. — Capital Funding Group has arranged a bridge-to-HUD loan for the acquisition of two skilled nursing facilities: Susquehanna Valley Nursing and Rehabilitation Center in Columbia and Rheems Nursing and Rehabilitation Center in Elizabethtown.
SAN ANTONIO — Dallas health-services developer and owner McFarlin Group plans to develop its ninth senior living community, The Heritage at Westover Hills Assisted Living and Memory Care, to be located near the southwest corner of Wiseman Boulevard and Rogers Road in San Antonio.
ORANGE CITY, Fla. — Seniors housing management and consulting firm Riverwood Retirement Management Inc. has named Joe Trainor executive director of John Knox Village, a continuing care retirement community (CCRC) in Orange City, located in Central Florida.
GEORGETOWN and PFLUGERVILLE, Texas — Oxford Finance LLC, a specialty finance firm, has closed a senior secured term loan and a revolving line of credit with Chosen Healthcare. The funds were used to purchase two long-term care facilities in the Austin metropolitan area, Park Place Care Center and Assisted Living in Georgetown and Pflugerville Care Center in Pflugerville. Park Place is a 116-bed skilled nursing facility and a 48-bed assisted living facility. built in 1997 on nearly seven acres. Pflugerville Care Center is an 111-bed skilled nursing facility built in …