ASHBURN, Va. — Waltonwood Communities has named Chris Leinauer as the new executive director of Waltonwood Ashburn, located approximately 30 miles northwest of Washington, D.C. Leinauer brings over 15 years of experience in senior living to his new role. Previously, he served as a director of operations, executive director, and most recently as a regional vice president responsible for 29 senior living properties across five regions. Leinauer received his bachelor’s degree and M.B.A. from Frostburg State University. Waltonwood at Ashburn features 114 independent living apartments, 72 assisted living apartments and …
Virginia
TYSONS, Va. — Mather has completed land acquisition for its previously announced The Mather continuing care retirement community (CCRC) in Tysons, approximately 13 miles west of Washington, D.C. The developer plans to start sitework in 2020 with the first phase of construction scheduled to open in 2023. Entitlements were approved in June. Although the planned number of units has not been disclosed, Mather says entrance fees will start at $660,000 for apartments ranging from 850 to more than 3,000 square feet. Nearly half of Phase I has been pre-sold, according …
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 assisted living and memory care facility in Richmond, Va., and arranged $6 million in acquisition and construction financing in conjunction with the sale.