MEMPHIS, Tenn., and INVERNESS, Fla. — Investment firm Blueprint Healthcare Real Estate Advisors has arranged the sale of Citrus Health and Rehabilitation Center and Graceland Nursing Center for a total purchase price of $23 million.
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CAMBRIDGE, Mass. — Forest City Enterprises Inc. (NYSE: FCE-A) has entered into a share purchase and redemption agreement to acquire Health Care REIT Inc.’s (NYSE: HCN) 49 percent equity interest in seven life-science office properties and two parking facilities at University Park at the Massachusetts Institute of Technology (MIT) in Cambridge for $573.5 million.
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has named Jeanne McGlynn Delgado as its vice president of government affairs. In her new position, McGlynn Delgado will lead ASHA’s public policy efforts on Capitol Hill, working closely with Randy Hardock, ASHA’s longtime chief legislative counsel.
FORT MYERS, Fla. — Walker & Dunlop Inc. (NYSE: WD) has arranged an $11 million acquisition bridge loan for The MacFarlane Group, who will use the money to convert the currently Ambassador Hotel in Fort Myers into a 323-unit independent living facility.
HIGH POINT, N.C. — Ziegler, a specialty investment bank, has arranged a $66.1 million bond issue for Maryfield Inc., a North Carolina not-for-profit that owns and operates Pennybyrn at Maryfield, a continuing care retirement community (CCRC) in High Point.