McShane to Build 138-Unit Avenida Hendersonville Near Nashville

HENDERSONVILLE, Tenn. — Avenida Partners has selected McShane Construction Co. to build Avenida Hendersonville, a 138-unit active adult community in the Nashville suburb of Hendersonville. The three-story building will be positioned on a five-acre site. The community will offer 6,000

Monticello Funds $15.8M Financing for 126-Unit Portfolio in Tennessee

TENNESSEE — Monticello and its affiliates have provided $15.8 million in first lien debt financing for the acquisition and renovation of three assisted living and memory care communities in Tennessee. The portfolio totals 126 units. The borrower is an owner-operator

SLIB Arranges Sale of Two Skilled Nursing Facilities in Tennessee

MOUNT PLEASANT and LENOIR CITY, Tenn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Mount Pleasant Health and Rehabilitation in Mount Pleasant and Trinity Health and Rehabilitation in Lenoir City. The properties are approximately 200 miles apart.

ESI Arranges $20.1M Sale of Community in Nashville

NASHVILLE, Tenn. — Evans Senior Investments (ESI) has arranged the sale of The Waterford in Hermitage, a 94-unit assisted living and memory care community in the Hermitage neighborhood of Nashville.