RICHMOND, Texas — CBRE has arranged a $34.1 million loan to refinance The Delaney at Parkway Lakes, a 207-unit independent living, assisted living and memory care community in Richmond.
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HOUSTON — CBRE has arranged $55.5 million refinancing for The Village of River Oaks, a Class A, 198-unit continuing care retirement community (CCRC) in Houston.
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DALLAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 33-unit memory care community in the Turtle Creek neighborhood of Dallas.
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DALLAS — Watermark Retirement Communities has been named the new operator of HarborChase of the Park Cities in Dallas, rebranding the property as The Preston of the Park Cities.
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RICHARDSON, TEXAS — Chicago Pacific Founders and its subsidiaries, CPF Living Communities and Grace Management, have purchased Twin Rivers Assisted Living and Memory Care, a seniors housing community located in Richardson. Situated on five acres, the community features 83 assisted living
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HOUSTON — Ilan Investments has broken ground on Arella on Jones, an independent senior living community located in Northwest Houston. The project developed by Houston-based Ilan Investments and co-financed by Ilan Development and Bancorp South. Designed by Meeks Partners, the community
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BOERNE AND ROUND ROCK, Texas — CBRE Capital Markets has arranged a three-year, floating-rate loan, including 24 months of interest-only payments, on behalf of a joint venture between Harrison Street and Franklin Development Properties for the refinancing of two assisted living
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DENTON, Texas — Investcor has started restoration work on Fairhaven Assisted Living. Renowned Texas architect O’Neil Ford designed the original property, which opened in 1965 in Denton, about 35 miles north of Fort Worth.
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HOUSTON — The NHP Foundation (NHPF) has received $12 million in funding to develop a 73-unit affordable seniors housing community in Houston’s Third Ward.
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MOUNT VERNON, Texas — Senior Living Investment Brokerage has arranged the sale of Mount Vernon House, a 50-unit assisted living community in Mount Vernon, approximately 100 miles east of Dallas.
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CORPUS CHRISTI, BASTROP and SAN ANTONIO, Texas — KeyBank Real Estate Capital has secured $44.5 million in HUD financing for a three-property skilled nursing portfolio located throughout Texas.
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PEARLAND, Texas — California-based Drever Capital Management has broken ground on Larkspur at Shadow Creek, a 257-unit active adult community in the southwestern Houston suburb of Pearland.
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PLANO, Texas — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $62.3 mllion in taxable and tax-exempt bonds for Bridgemoor of Plano.
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BIRMINGHAM, Ala. — Atlas Senior Living has announced construction timelines for a new location in Florida and two in Texas, both of which are new territories for the company. Atlas expects Fall 2021 to be the opening date for all
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CIBOLO, Texas — California-based Highridge Costa Development Co. has opened El Sereno Senior Living, a $21 million community in Cibolo, a northeastern suburb of San Antonio.
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DALLAS — Buckner Retirement Services has named Charles “Chuck” Childress executive director of Ventana by Buckner, a two-building, high-rise seniors housing community scheduled to open this year in Dallas.
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GEORGETOWN, Texas — MedCore Partners, The National Realty Group (TNRG) and Watermark Retirement Communities have announced plans for a 225-unit seniors housing community in Georgetown, approximately 25 miles north of Austin.
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RICHARDSON, Texas — Heavenrich & Co. has arranged the sale of The Plaza at Richardson, a 124-bed skilled nursing and memory care facility.
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CONROE, Texas — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired Woodhaven Village. Woodhaven Village offers 161 units of independent living, assisted living and memory care on 11 acres in in Conroe,
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DALLAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of two assisted living communities in the Dallas-Fort Worth Metroplex totaling 114 units.
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SAN MARCOS and GEORGETOWN, Texas —Developers have broken ground on two Pi Architects-designed seniors housing projects in San Marcos and Georgetown, both located outside Austin.
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DALLAS — A joint venture between Realty Capital Partners (RCP) and Matteo Realty Partners has acquired the former Silverado Memory Care of Turtle Creek, located in the Turtle Creek neighborhood of Dallas.
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WARNER ROBINS, Ga., and CYPRESS, Texas — Lancaster Pollard Mortgage Company, a division of ORIX Real Estate Capital, has arranged financing for seniors housing communities in the Macon suburb of Warner Robins and the Houston suburb of Cypress.
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FORT WORTH, Texas — Discovery Senior Living has started pre-leasing at Discovery Village At Alliance Town Center, a 98-unit assisted living and memory care community in Fort Worth.
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TEXAS — Live Oak Bank has provided a $10 million conventional loan for the acquisition and renovation of a 90-unit assisted living and memory community.
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PLANO, Texas — KWA Construction has completed McDermott Park Senior Living, a seniors housing community in Plano, which was named a Best Place to Retire in 2018 by Livability.
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HARLINGEN, Texas — The Ensign Group Inc. (NASDAQ: ENSG) has acquired the real estate and operations of Golden Palms Rehabilitation and Retirement in Harlingen, in South Texas near the Mexico border.
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