SPRING LAKE, N.J., NEW YORK CITY and YORKTOWN, Va. — M&T Realty Capital Corp. has provided three loans totaling $84.6 million for seniors housing communities in New Jersey, New York and Virginia.
LYNCHBURG and PETERSBURG, Va. — Elevation Financial Group has acquired two seniors housing communities totaling 103 units in Virginia for $1.3 million, or $12,621 per unit.
HOLLY SPRINGS, Miss., COMMERCE, Ga., and STAUNTON, Va. — Senior Living Investment Brokerage (SLIB) has arranged the sale of four seniors housing communities throughout the Southeast.
DUNN LORING, Va., and SILVER SPRING, Md. — Capital Funding has provided $36.9 million in financing for private equity firm The Portopiccolo Group to acquire two skilled nursing facilities in the Mid-Atlantic region.
STAUNTON, Va., and WOBURN, Mass. — CBRE has arranged $35.7 million in financing for a two-community seniors housing portfolio. The borrower is a joint venture between Harrison Street and Brightview Senior Living.
HAMPTON ROADS, Va. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio located in the Hampton Roads metro area and just over the state border in Currituck County, North Carolina.
NORFOLK, Va. — Harbor’s Edge, an independently owned continuing care retirement community in Norfolk, has started construction of a previously announced 24-story tower on its campus.
KINGSPORT, Tenn., FORT MILL, S.C., and CHARLOTTESVILLE, Va. — The Blake Management Group, a Mississippi-based operator, plans to open three new communities in the Southeast in August.