SPARTANBURG, S.C. — Evans Senior Investments (ESI) has facilitated the $27.5 million sale of Spartanburg-based Health Care Corporation’s portfolio of four seniors housing facilities throughout South Carolina.
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CARY, N.C. and TORONTO — Expanding its senior living market presence, North Carolina-based Dude Solutions Inc., a software-as-a-service provider of operations management solutions, has acquired Canadian software company Windmill Software Inc., including its flagship senior living operations software, TheWorxHub. The acquisition will grow Dude Solutions’ senior living footprint and also marks the opening of a Dude Solutions Canadian office in Toronto. Terms of the transaction were not disclosed.
BETHESDA, Md. — Lancaster Pollard has consolidated and refinanced multiple loans for Eden Homes, a four-community portfolio of assisted living facilities in Bethesda, into a single $5.7 million loan. The four communities are each in residential areas and designed to look like a single-family home.
LAKEWOOD, Colo. — RED Capital Partners LLC, the proprietary debt and equity banking arm of comprehensive capital provider RED Capital Group LLC, has completed an $8.8 million balance sheet construction loan to Milestone Retirement, the Crystal Group and Taylor Fitzpatrick Capital for the construction of Lakewood Memory Care, a Class A development located just outside of Denver.