CINCINNATI and DAYTON, Ohio — CBRE Group Inc. has arranged the sale of 15 skilled nursing, assisted living and independent living facilities in Cincinnati and Dayton for $173 million.
Skilled Nursing
GRAND JUNCTION, Colo. — Welbrook Senior Living and Embree Healthcare Group have started construction of a new transitional rehabilitation facility in Grand Junction, and have secured final financing for the project from CNL Healthcare Properties, a real estate investment trust (REIT) based in Orlando, Fla.
TAMPA, Fla. — Atlanta-based seniors housing investment company AdCare Health Systems Inc. (NYSE MKT: ADK) has agreed to purchase a 55-bed skilled nursing facility in Tampa for approximately $4.8 million. The name of the facility and seller were not disclosed.
POLAND, Ohio — RED Mortgage Capital, the mortgage banking arm of RED Capital Group LLC, has arranged a $3.5M FHA 232/241(a) loan for Woodlands at Hampton Woods, a skilled nursing and assisted living facility located in Poland, along the eastern border with Pennsylvania.