HUNTSVILLE, Texas — Senior Living Investment Brokerage (SLIB) has arranged the sale of The Lexington Center, a 40-unit assisted living facility in Huntsville, approximately 70 miles north of Houston.
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HOUSTON — Buckner Retirement Services has hired Abraham Mathew as the new executive director for faith-based senior living community Buckner Parkway Place in Houston.
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NEW YORK CITY — Quadrum Global, an international real estate development, investment and management firm based in New York, has launched Liana, a seniors housing management division.
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BEAUMONT, Texas — Buckner Retirement Services has hired industry veteran Vicki Lee King as the new executive director for its Buckner Calder Woods community in Beaumont, east of Houston near the Louisiana border.
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VIRGINIA and TEXAS — Meridian Capital Group’s seniors housing and healthcare team arranged $58 million in senior and mezzanine financing to refinance a portfolio of memory care facilities in Virginia and Texas. The team also arranged the sale of an
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PEARLAND, Texas — Greystone has provided a $37 million Fannie Mae seniors loan to refinance Watercrest at Shadow Creek Ranch, an independent living community in Pearland, a suburb of Houston.
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BURLESON, Texas — Abby Development has broken ground on Wilshire Senior Living, a 234-unit seniors housing development in Burleson, just south of Fort Worth.
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SAN ANTONIO and AUSTIN, Texas — CIT Group Inc. (NYSE: CIT), through its Healthcare Finance group, has served as sole lead arranger on a $27.2 million loan for two assisted living facilities in Texas.
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RICHMOND, Texas — CIT Group served as sole lead arranger for a $34 million financing for an assisted living community in Richmond, approximately 25 miles southwest of Houston.
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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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NORTH RICHLAND HILLS, Texas — Civitas Senior Living and StoneCreek Real Estate Partners have opened StoneCreek Senior Living at North Richland Hills.
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NEW BRAUNFELS and ROUND ROCK, Texas — Senior Living Investment Brokerage (SLIB) has arranged the $20.5 million sale of two skilled nursing communities near San Antonio and Austin.
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DENVER — Cappella Living Solutions, a Denver-based operator, has assumed management of 12 senior living properties across Texas, Colorado and the Midwest. The operational switch serves three separate ownership groups, and the communities serve more than 800 seniors.
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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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