BOSTON and WASHINGTON, D.C. — LeadingAge, an association representing nonprofit seniors housing providers, is joining with the Gerontology Institute at the University of Massachusetts Boston to create a new research center focused on long-term care.
BALTIMORE — Capital Funding Group, a Baltimore-based Lender, has closed HUD mortgages totaling $24.9 million for a privately held skilled nursing provider.
LAWRENCE, N.Y. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm based in Lawrence, has arranged the sale of a three-property, 254-bed skilled nursing portfolio in Ohio.
SOUTHERN CALIFORNIA — Meridian Capital Group has arranged $39 million in bridge loans to refinance of a two-property, 355-bed skilled nursing portfolio in Southern California. The specific names and locations of the properties were not disclosed.
GARDNER, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the $12.8 million sale of Gardner Rehabilitation and Nursing Center, a 124-bed skilled nursing facility in Gardner, approximately 60 miles northwest of Boston.
BLUE ASH, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of Blue Ash Care Center, a 64-bed skilled nursing facility in the Cincinnati suburb of Blue Ash, for $4 million.
LAS CRUCES, N.M. — Welbrook Senior Living expects to complete construction of 50-bed skilled nursing facility in Las Cruces, just north of El Paso, Texas, by the end of June.
CHICAGO — Meridian Capital Group has arranged $48 million in balance sheet financing for the purchase of a 609-bed skilled nursing home portfolio in Chicago.