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.
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.
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.
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.
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.
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.
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.