Pennsylvania

LCS Real Estate Acquires The Solana Doylestown in Pennsylvania

by Jeff Shaw November 18, 2019

WARRINGTON, Pa. — LCS has acquired The Solana Doylestown, a seniors housing community in Warrington, approximately 20 miles north of downtown Philadelphia.

November 18, 2019

Development News Pennsylvania

Lifespace Completes $39.5M Expansion at Community Near Pittsburgh

by Jeff Shaw October 18, 2019

UPPER ST. CLAIR, Pa. — Lifespace Communities has completed its $39.5 million expansion project at Friendship Village of South Hills in Upper St. Clair, approximately 12 miles southwest of downtown Pittsburgh.

October 18, 2019

Development Independent Living News Pennsylvania

Resort Lifestyle Communities Opens 128-Unit Independent Living Community in Bridgeville, Pennsylvania

by Jeff Shaw October 4, 2019

BRIDGEVILLE, Pa. — Resort Lifestyle Communities has opened Chartiers Bend Retirement Resort, a 128-unit independent living community in Bridgeville, a southwestern suburb of Pittsburgh.

October 4, 2019

CCRC Development Finance News Pennsylvania

HJ Sims Arranges $61.6M Financing for CCRC Expansion Near Philadelphia

by Jeff Shaw October 2, 2019

ABINGTON TOWNSHIP, Pa. — HJ Sims has arranged $61.6 million in financing for an expansion project at Rydal Park, a continuing care retirement community (CCRC) in Abington Township, approximately 10 miles north of Philadelphia.

October 2, 2019

Acquisitions News Pennsylvania

SLIB Negotiates Sale of Two Communities in Wilkes-Barre, Pennsylvania

by Jeff Shaw October 2, 2019

WILKES-BARRE, Pa. — Senior Living Investment Brokerage has arranged the sale of Little Flower Manor and St. Therese Residence, as well as St. Luke’s Villa, both in Wilkes-Barre, which is in Northeastern Pennsylvania.

October 2, 2019

Development News Pennsylvania

Providence Place Opens 20-Acre Senior Living Community Near Philadelphia

by Jeff Shaw September 18, 2019

COLLEGEVILLE, Pa. — Providence Place, a family-owned senior living company founded by former Pennsylvania governor George Leader, has opened a new location in Collegeville, a tiny borough approximately 25 miles northwest of Philadelphia.

September 18, 2019

Acquisitions News Pennsylvania

Knapp Group Brokers $7.5M Sale of Two Communities in Pennsylvania

by Jeff Shaw September 13, 2019

IRWIN, Pa. — The Knapp Group of Marcus & Millichap has brokered the sale of two seniors housing properties in Irwin, approximately 20 miles southeast of Pittsburgh.

September 13, 2019

Assisted Living Finance KeyBank News Pennsylvania

KeyBank Provides $28M Financing for Three Assisted Living Properties in Pennsylvania

by Jeff Shaw September 12, 2019

LANDISVILLE, MILLERSVILLE and KULPMONT, Pa. — KeyBank Real Estate Capital has provided $28 million in HUD-insured financing for Persimmon Ventures.

September 12, 2019

Alabama Finance Michigan News Pennsylvania Texas

CBRE Arranges $160.3M Refinancing for Brookdale Portfolio

by Jeff Shaw September 11, 2019

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.

September 11, 2019

Development Finance News Pennsylvania

Grandbridge Arranges $34M Construction Loan for Community in Pennsylvania

by Jeff Shaw September 6, 2019

LIMERICK, Pa. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $34 million in financing for the construction of Arcadia at Limerick Pointe, a seniors housing development in Limerick, approximately 30 miles northwest of Philadelphia.

September 6, 2019

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