COLLEGEVILLE, Pa. — Providence Place, a family-owned senior living company founded by former Pennsylvania governor George Leader, has opened a new location in Collegeville, a tiny borough approximately 25 miles northwest of Philadelphia.
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IRWIN, Pa. — The Knapp Group of Marcus & Millichap has brokered the sale of two seniors housing properties in Irwin, approximately 20 miles southeast of Pittsburgh.
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LANDISVILLE, MILLERSVILLE and KULPMONT, Pa. — KeyBank Real Estate Capital has provided $28 million in HUD-insured financing for Persimmon Ventures.
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BRENTWOOD, Tenn. — CBRE has arranged $160.3 million in financing for Brookdale, which will restructure debt on a five-property, 945-unit portfolio in Alabama, Michigan, Pennsylvania and Texas.
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LIMERICK, Pa. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $34 million in financing for the construction of Arcadia at Limerick Pointe, a seniors housing development in Limerick, approximately 30 miles northwest of Philadelphia.
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CHAMBERSBURG, Pa. — Senior Living Investment Brokerage (SLIB) has negotiated the $21.5 million sale of Falling Spring, a skilled nursing facility located at 201 Franklin Farm Lane in Chambersburg, approximately 55 miles southwest of Harrisburg, Pa. Built in 1968 on nearly
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BETHEL PARK, PITTSBURGH and NORTH VERSAILLES, Pa. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired three senior living communities in the Pittsburgh metro area: The Residence at Bethel Park in Bethel
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GLADWYNE, Pa. — Ziegler has arranged $44.1 million in bond financing for Waverly Heights, which owns and operates a continuing care retirement community (CCRC) of the same name in Gladwyne.
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MIDDLETOWN, Pa. — Sims Mortgage Funding (SMF), a subsidiary of HJ Sims, has provided a $5.3 million HUD-insured loan for Middletown Interfaith Apartments.
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PHILADELPHIA — Institutional Property Advisors has brokered the sale of three DePaul Health Care nursing homes in the Delaware Valley Region.
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WEST CHESTER, Penn. — HJ Sims has arranged $20.5 million for the rebuilding of a portion of Barclay Friends, a nonprofit continuing care retirement community (CCRC) in West Chester, a borough 25 miles west of Philadelphia.
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PENNSYLVANIA, MARYLAND and INDIANA — National Health Investors Inc. (NYSE: NHI) has entered into a joint venture with affiliates of its current tenant, Discovery Senior Living, in order to purchase six seniors housing communities.
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WAYNE, Pa. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has started construction of Anthology of King of Prussia, a 192-unit senior living community in Wayne, approximately 17 miles northwest of Philadelphia.
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VIRGINIA and PENNSYLVANIA — Blueprint Healthcare Real Estate Advisors has arranged the sale of 12 skilled nursing properties known as the Envoy Portfolio.
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WEST CHESTER, Pa. — Benchmark Senior Living has started a multimillion-dollar renovation project at Wellington at Hershey’s Mill, and independent living, personal care, skilled nursing and rehabilitation community in West Chester, approximately 25 miles west of Philadelphia.
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LANCASTER, Pa. — Presbyterian Senior Living (PSL) has unveiled plans for LongCrest, an affordable seniors housing apartment complex in Lancaster, approximately between Philadelphia and the state capital of Harrisburg.
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CORAOPOLIS, Pa. — Tapestry Senior Living has announced it will open Tapestry Moon Township in June.
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