News

Sunrise Opens New Community in San Francisco Area

by Jeff Shaw June 22, 2015

BURLINGAME, Calif. — Sunrise Senior Living will open its newest community — Sunrise of Burlingame near San Francisco — on June 29, marking the 40th community in California for the owner/operator.

June 22, 2015

HCP CIO Paul Gallagher Resigns

by Jeff Shaw June 22, 2015

IRVINE, Calif. — Paul Gallagher has resigned from his position as executive vice president and chief investment officer of real estate investment trust HCP Inc.

June 22, 2015

Assisted Living News

Merrill Arranges Sale of Community in San Diego for $5.13M

by Jeff Shaw June 22, 2015

SAN DIEGO, Calif. — California-based real estate firm Merrill Commercial Real Estate Inc. has arranged the sale of Golden Living of Point Loma in San Diego for $5.13 million.

June 22, 2015

News People

Skilled Nursing Developer Mainstreet Hires Four

by Jeff Shaw June 19, 2015

CARMEL, Ind. – Mainstreet, a developer of transitional care properties, has added four new employees to its Carmel headquarters.

June 19, 2015

Finance News

NorthMarq Capital Brokers $15M Refinance of Carnegie Village Senior Living Community

by Jeff Shaw June 19, 2015

BELTON, Mo. — NorthMarq Capital has arranged a $15 million refinancing of Carnegie Village Senior Living Community, a 204-unit seniors housing property (assisted living, independent living and memory care) located at 103 Bernard Dr. in Belton.

June 19, 2015

News

DTZ Arranges Sale of Five-Property Portfolio near Dallas

by Jeff Shaw June 19, 2015

DALLAS — DTZ has arranged the sale of the leasehold interest in a five-property seniors housing portfolio in the Dallas metro area.

June 19, 2015

News

Windward Sells Texas Assisted Living Facility to Prevarian

by Jeff Shaw June 19, 2015

NACOGDOCHES, Texas — Windward Health Partners, a Tampa-based private investment and holding company, has sold The Arbor Assisted Living Facility in Nacogdoches to Prevarian Senior Living, a developer and operator of assisted living communities in Texas, Florida, Oklahoma and Arizona, for an undisclosed amount.

June 19, 2015

Development News

RED Arranges $13.8M Construction Loan for Texas Luxury Community

by Jeff Shaw June 19, 2015

FLOWER MOUND, Texas — Red Capital Partners, the proprietary debt and equity banking arm of Red Capital Group, has arranged a $13.8 million balance sheet construction loan to an affiliate of Avanti Senior Living.

June 19, 2015

CCRC Development News

North Carolina CCRC Breaks Ground on $95M Expansion

by Jeff Shaw June 18, 2015

MATTHEWS, N.C. — Construction has begun on a $95 million expansion of Plantation Estates, a continuing care retirement community in Matthews.

June 18, 2015

News

Legend Senior Living Acquires Five Communities in Texas

by Jeff Shaw June 18, 2015

WICHITA, Kan. — Wichita-based seniors housing owner/operator Legend Senior Living has acquired five assisted living and memory care residences in Texas, consisting of 375 units formerly operated by Signature Senior Living.

June 18, 2015

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