News

Love Funding Secures $16.4M Loan for Development in Metro Dallas

by Jeff Shaw June 12, 2015

MCKINNEY, Texas — Love Funding (LFC) has secured a $16.4 million loan for the construction and financing of a new seniors housing community in McKinney.

June 12, 2015

Mainstreet Breaks Ground on $16M Rehab, Assisted Living Facility in Kansas

by Jeff Shaw June 12, 2015

TOPEKA, Kan. — Indiana-based skilled nursing developer Mainstreet has broken ground on The Healthcare Resort of Topeka, a 94-bed, 69,935-square-foot transitional care and assisted living facility.

June 12, 2015

News People

Tutera Hires Leslie Young as Director of HR Operations

by Jeff Shaw June 12, 2015

KANSAS CITY, Mo. — Skilled nursing operator Tutera Senior Living & Health Care has hired Leslie Young as the company’s new director of human resources operations.

June 12, 2015

Finance News

Ziegler Arranges $94M Financing for Dallas CCRC Edgemere

by Jeff Shaw June 12, 2015

DALLAS — Ziegler, a specialty investment bank, has arranged $94 million in financing for Northwest Senior Housing Corporation, the nonprofit operator of continuing care retirement community (CCRC) Edgemere in Dallas.

June 12, 2015

Development News

LCB Breaks Ground on New Hampshire Community

by Jeff Shaw June 10, 2015

SALEM, N.H. — Developer and operator LCB Senior Living has broken ground on The Residence at Salem Woods, a seniors housing community to be located at 6 Sally Sweets Way in Salem.

June 10, 2015

News

Study: Seniors Housing Now More Popular Among Those with Higher Incomes

by Jeff Shaw June 9, 2015

Higher income seniors are now more likely to occupy seniors housing in their elderly years than those with moderate and low incomes, according to a study conducted by the National Association of Real Estate Investment Trusts (NAREIT).

June 9, 2015

Finance News

Berkadia Arranges $93.2M in Financing for ROC to Acquire 15 Communities

by Jeff Shaw June 9, 2015

NEW YORK — Mortgage broker Berkadia has arranged $93.2 million in financing over two separate transactions for ROC Seniors Housing Fund Manager LLC.

June 9, 2015

Company News News People

Mainstreet CEO Wins Entrepreneur of the Year Award for Ohio Valley Region

by Jeff Shaw June 8, 2015

CINCINNATI — Financial advisory firm Ernst & Young LLP has named Zeke Turner, CEO of Indiana-based skilled nursing developer Mainstreet, an Entrepreneur of the Year for the Ohio Valley region.

June 8, 2015

News

Senior Living Investment Brokerage Arranges Sale of Three Communities in Georgia, Indiana for $25M

by Jeff Shaw June 5, 2015

GLEN ELLYN, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two communities in Atlanta and one in Indiana in two separate transactions for a total price of $25 million.

June 5, 2015

Development News

Senior Lifestyle Corporation Breaks Ground on New Development in Florida

by Jeff Shaw June 5, 2015

COOPER CITY, Fla. — Senior Lifestyle Corporation has broken ground for The Sheridan at Cooper City, a 111-unit assisted living and memory care community in Cooper City. The development will be located at the corner of Sheridan Street and Pine Island Road.

June 5, 2015

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