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.
Texas
DENVER — Cappella Living Solutions, a Denver-based operator, has assumed management of 12 senior living properties across Texas, Colorado and the Midwest. The operational switch serves three separate ownership groups, and the communities serve more than 800 seniors.