CLEVELAND — KeyBank Real Estate Capital has originated a $128 million term loan for a 13-property skilled nursing portfolio acquisition by a joint venture led by BlueMountain Capital Management.
MESA and TUCSON, Ariz. — Blueprint Healthcare Real Estate Advisors has brokered the sale of a two-property, 249-bed skilled nursing portfolio in Mesa and Tucson.
ANNAPOLIS, Md. — Skilled nursing occupancy has continued its free-fall, hitting a five-year low of 81.7 percent in the second quarter of 2017, according to a report released by the National Investment Center for Seniors Housing & Care (NIC).
LONG GROVE, Ill. — Capital One has provided a $21.5 million fixed-rate HUD 232/223(f) loan to refinance Avantara Long Grove, a 195-bed senior nursing facility in Long Grove, 35 miles northwest of Chicago.
LOUISVILLE, Ky. — Strawberry Fields REIT LLC has acquired Parkway Rehabilitation and Nursing Center, a 252-bed skilled nursing facility in Louisville, for $21.8 million.
OHIO — Lancaster Pollard has arranged the sale of two skilled nursing facilities in Ohio. Mozart Healthcare acquired the properties from a nonprofit company looking to reduce its skilled nursing presence.
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has agreed to acquire 13 skilled nursing facilities in three separate transactions for a total purchase price of $97 million. The properties are located in Idaho, Texas, Oregon and Washington.
HUNT VALLEY, Md. — Omega Healthcare Investors (NYSE: OHI) has acquired 16 skilled nursing facilities in Indiana for $200 million through two separate transactions. In addition, the company announced that two of its skilled nursing facilities were evacuated during Hurricane Harvey last week.
CRESTWOOD, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Symphony of Crestwood, a skilled nursing facility in the Chicago suburb of Crestwood.
WHITE PLAINS, N.Y. — White Plains Healthcare Properties I LLC has selected The Congress Companies as developer and the joint venture Congress/Consigli JV as the construction manager for the 110,000-square-foot White Plains Institute for Rehabilitation & Healthcare.
CLEVELAND — KeyBank Real Estate Capital has originated a $128 million term loan for a 13-property skilled nursing portfolio acquisition by a joint venture led by BlueMountain Capital Management.
CHICAGO and KANSAS CITY, Mo. — CBRE has arranged acquisition financing for four seniors housing communities totaling 440 units in Chicago and Kansas City. The amount of the loan was not disclosed.
VISALIA, Calif. — Living Care Lifestyles has broken ground on Quail Park at Shannon Ranch, a 120-unit independent living and memory care community in Visalia, located in the San Joaquin Valley midway between Los Angeles and San Francisco.
CULPEPER, Va. — LifeSpire of Virginia has received an $18 million loan from SunTrust Bank for the expansion of The Culpeper, a continuing care retirement community (CCRC) in Culpeper, approximately 70 miles southwest of Washington, D.C.
NEWPORT BEACH, Calif. — Clearwater Living, a Newport Beach-based operator, has been selected to provide management services for The Wolff Company’s 18-community independent living platform located throughout the West.
IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has agreed to acquire a 49 percent equity interest in entities that collectively own 183 seniors housing communities, all of which are operated by Enlivant. The transaction values the portfolio at $1.62 billion and Sabra’s investment at $371 million.
DETROIT — Pillar Financial, a division of SunTrust Bank, has originated a $4.8 million HUD Interest Rate Reduction Program (IRRP) loan to refinance Delta Manor, an affordable seniors housing property in downtown Detroit.
LAKE OSWEGO, Ore. — Anthem Memory Care has named Shannon Gutierrez as national vice president of operations and James Altrichter as national vice president of clinical services.
IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has agreed to acquire a 49 percent equity interest in entities that collectively own 183 seniors housing communities, all of…
DETROIT — Pillar Financial, a division of SunTrust Bank, has originated a $4.8 million HUD Interest Rate Reduction Program (IRRP) loan to refinance Delta Manor, an affordable seniors housing property…
LAKE OSWEGO, Ore. — Anthem Memory Care has named Shannon Gutierrez as national vice president of operations and James Altrichter as national vice president of clinical services.
RICHMOND, Va. — LifeSpire of Virginia has elected Dr. Valerie Carter as the newest member of its Board of Trustees.
MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI) has hired Michelle Kelly as senior vice president of investments. She will be responsible for business development and management of NHI’s…
BALTIMORE, Md. — The Shelter Group and Brightview Senior Living have hired Doug Dollenberg Jr. as president of both companies. The current president, Marilynn Duker, has been promoted to CEO…
NEW YORK CITY — Pillar Financial, a division of SunTrust Bank (NYSE: STI), has been approved as a Fannie Mae Seniors Housing Lender through the Delegated Underwriting and Servicing (DUS)…
PORT ST. LUCIE, Fla. — Watercrest Senior Living has hired Mindy Martin as executive director of Watercrest St. Lucie West Assisted Living and Memory Care, a community in Port St…
RICHMOND, Va. — HHHunt has opened Spring Arbor Cottage of Richmond, a 48-unit memory care community in Richmond.
MESA and TUCSON, Ariz. — Blueprint Healthcare Real Estate Advisors has brokered the sale of a two-property, 249-bed skilled nursing portfolio in Mesa and Tucson.
OXNARD, Calif. — Clearwater Living is preparing to open Clearwater at RiverPark, a 136-unit independent living community in the Southern California city of Oxnard.
UNION CITY, Ga. — Hunt Mortgage Group has provided a $3.1 million HUD loan facility to refinance Country Gardens, a 50-bed assisted living and memory care community in the Atlanta…
WILMINGTON, N.C. — Live Oak Bancshares,Inc. (NASDAQ: LOB) has hired Adam Sherman as the senior care lending team industry expert. Sherman will work alongside the lending team to serve seniors…
PHOENIX — Spectrum Retirement Communities has opened The Enclave at Anthem Senior Living, a 159-unit independent living, assisted living and memory care community in Phoenix’s North Black Canyon Corridor.
NORTHBROOK, Ill. — Cushman & Wakefield Senior Housing Capital Markets Group has brokered the sale of North Shore Place, a 156-unit assisted living and memory care community in the Chicago…
ORLANDO, Fla. — Love Funding has arranged a $6.5 million loan for to refinance and rehabilitate Orlando Cloisters, an age-restricted affordable community in Orlando.
MARANA, Ariz. — HJ Sims has completed a $3.8 million financing for The Watermark at Continental Ranch, a proposed 99-unit assisted living and memory care community in the Tucson suburb…
TOMS RIVER, N.J. — The Walters Group has opened Cornerstone at Toms River, a 102-unit active adult community in Toms River, approximately 60 miles south of New York City.
ANNAPOLIS, Md. — Skilled nursing occupancy has continued its free-fall, hitting a five-year low of 81.7 percent in the second quarter of 2017, according to a report released by the…
BOCA RATON and ORLANDO, Fla. — Capital One has provided two loans — a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility —…
SEATTLE — Blueprint Healthcare Real Estate Advisors has arranged the $24.5 million sale of Foundation House, a 104-unit independent living and assisted living community in Seattle.
PAOLI, Pa. — KeyBank Real Estate Capital has arranged a $28.5 million Freddie Mac floating-rate mortgage loan for Daylesford Crossing in Paoli, approximately 16 miles northwest of Philadelphia.
HERRIMAN, Utah — Buchanan Street Partners has acquired a 298-unit age-restricted apartment community in the Salt Lake City suburb of Herriman for an undisclosed price.
The electrical power is starting to come back on at seniors housing communities throughout Florida after Hurricane Irma raked the west coast of the state. Operators throughout Florida are reporting mostly…
COLUMBUS, Ohio, and DALLAS — ORIX USA, a Dallas-based division of international financial services group ORIX Corp., has acquired Lancaster Pollard Holdings LLC. The acquisition price was more than $300…
KIRKWOOD, Mo. — Presbyterian Manor of Mid-America has announced a planned expansion and redevelopment at Aberdeen Heights, a 20-acre continuing care retirement community (CCRC) in the St. Louis suburb of…
LONG GROVE, Ill. — Capital One has provided a $21.5 million fixed-rate HUD 232/223(f) loan to refinance Avantara Long Grove, a 195-bed senior nursing facility in Long Grove, 35 miles…
SCOTTSDALE, Ariz., and NEWPORT BEACH, Calif. — Cadence Senior Living, a Scottsdale-based owner, developer and operator, and Emerald Real Estate Partners LLC, an investment management firm based in Newport Beach…
CEDARTOWN, Ga. — Charter Senior Living has named Veronica Martinez as executive director of Cedar Hill Senior Living, an assisted living and memory care community in Cedartown, located northwest of…
LOUISVILLE, Ky. — Strawberry Fields REIT LLC has acquired Parkway Rehabilitation and Nursing Center, a 252-bed skilled nursing facility in Louisville, for $21.8 million.
SEASIDE HEIGHTS, N.J. — The Walters Group has started construction of Cornerstone at Seaside, an age- and income-restricted apartment community in Seaside Heights, a coastal borough southeast of Trenton.
KNOXVILLE, Tenn. — Josh Crisp, former vice president for Tennessee-based developer Dominion Senior Living, has launched a new seniors housing owner-operator named Solinity.
NEW YORK CITY — Monticello Asset Management LLC has hired Steven Caligor as senior managing director, where he will be responsible for product development, expanding banking relationships, and assisting with…
CHICAGO — CBRE has arranged an undisclosed amount of financing for the construction of Belmont Village Lincoln Park, a 149-unit assisted living and memory care community in the Chicago submarket…
SANDUSKY, Ohio — United Church Homes has broken ground on the addition of 44 independent living cottage homes and a community center at Parkvue Community, an independent living, assisted living…
PRINCETON, N.J. — Solvere Senior Living has signed management contracts for five communities in Florida, Texas and Virginia. The company is teaming with local and regional developers and investors near…
OHIO — Lancaster Pollard has arranged the sale of two skilled nursing facilities in Ohio. Mozart Healthcare acquired the properties from a nonprofit company looking to reduce its skilled nursing…
ATLANTA — By offering paid internships, educational programs, community events and flexible hours, seniors housing leaders hope to combat the well-documented labor shortage and entice younger workers. There simply aren’t enough…
PAWLEYS ISLAND, S.C. — SunTrust Bank has provided $11.3 million in construction financing to Ridge Care Senior Living. The capital will be used to build Arbor Landing at Pawleys, an…
PLEASANT HILL, Tenn. — United Church Homes Management has been brought on as the new operator of Uplands Village, a continuing care retirement community serving 275 residents in Pleasant Hill…
AUSTIN, Texas, and ALBUQUERQUE, N.M. — Civitas Senior Living, a Texas-based senior living and consulting company, will take over management of Elan Southpark Meadows in Austin and Elan Santa Monica…
COCKEYSVILLE, Md. — Broadmead, an independent continuing care retirement community in the Baltimore suburb of Cockeysville, has unveiled plans for two centers of excellence at the community.
DAYTON, Ohio —Guttman Properties and Civitas Senior Living of Fort Worth have partnered to plan The Grand of Sugarcreek, a luxury senior living community in Dayton.
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has agreed to acquire 13 skilled nursing facilities in three separate transactions for a total purchase price of $97 million. The…
BEAVERCREEK, Ohio — United Church Homes (UCH) has unveiled a planned $18 million expansion at Trinity Community, an independent living, assisted living and skilled nursing community in the Dayton suburb…
TUCSON, Ariz. — Watermark Retirement Communities has opened The Hacienda at the River, a 129-unit assisted living, memory care and skilled nursing community in Tucson.
HOUSTON — LifeWell Senior Living, a Houston-based operator, has hired Kimberly Erickson as chief operating officer.
HUNT VALLEY, Md. — Omega Healthcare Investors (NYSE: OHI) has acquired 16 skilled nursing facilities in Indiana for $200 million through two separate transactions. In addition, the company announced that…
CRESTWOOD, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Symphony of Crestwood, a skilled nursing facility in the Chicago suburb of Crestwood.
ORLANDO, Fla. — Berkeley Point Capital has completed a $20 million refinancing for Sand Lake Pointe Apartments, a 312-unit affordable housing complex in Orlando. The loan was securitized with Ginnie…
FULLERTON, Calif. — DiNapoli Capital Partners has selected California-based Integral Senior Living (ISL) as ther operator for Sunnycrest Senior Living, an independent living and assisted living community in the Los…
With construction costs rising and the supply of talented staff diminishing, doing business has never been more expensive for seniors housing developers. As such, both developers and operators are seeking new…
ST. LOUIS — Ascension Living, the seniors housing and services arm of nonprofit Catholic healthcare system Ascension, has promoted Gayle Trupiano to president and CEO. Trupiano will assume the role…
CHATTANOOGA, Tenn. — Contemporary Healthcare Capital (CHC) has launched its latest seniors housing loan and investment fund, Contemporary Healthcare Fund III LP.
IRVINE and SAN CLEMENTE, Calif. — Two major healthcare REITs — Irvine-based HCP Inc. (NYSE: HCP) and San Clemente-based CareTrust REIT Inc. (NASDAQ:CTRE) — have separately announced that none of…
NASHVILLE, Tenn. — Jones Lang LaSalle Multifamily has arranged $975 million in loans via Fannie Mae's DUS Program for Brookdale Senior Living Inc. (NYSE: BKD).
WHITE PLAINS, N.Y. — White Plains Healthcare Properties I LLC has selected The Congress Companies as developer and the joint venture Congress/Consigli JV as the construction manager for the 110,000-square-foot…
HOLLIDAYSBURG, Pa. — Presbyterian Senior Living recently held a dedication for Inglenook at Presbyterian Village, a 41-unit expansion at Presbyterian Village at Hollidaysburg, approximately 90 miles east of Pittsburgh.
TAMPA and OVIEDO, Fla. — Aztec Group Inc. has arranged $5.1 million in loans to refinance two memory care communities, each totaling 20 units, in Florida. The borrower is a…
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has released the 2017 version of the ASHA 50, which ranks the largest 50 owners and operators of seniors housing communities…
IRVINE, Calif. — HCP Inc. (NYSE: HCP), one of the largest healthcare REITs in the United States, has made several changes to its executive leadership.
EVANS, Ga. — Charter Senior Living has taken over management of Camellia Walk Assisted Living & Memory Care in Evans, a suburb of Augusta near the South Carolina border.
LOS ANGELES — C.W. Driver Cos. has completed construction of Fountainview at Gonda West, a luxury continuing care retirement community in Los Angeles’ Playa Vista neighborhood.
VALDOSTA, Ga., and DURHAM, N.C. — Capital One has provided a $16.3 million loan to PruittHealth. The financing will refinance three skilled nursing facilities and an intermediate care facility for…
ALEXANDRIA, Va. — Argentum has named Angela Kennedy as the association’s vice president of quality and accreditation, a newly created position. Kennedy will build on the work of Argentum’s Phase 1…
SUGAR LAND, Texas — Greystar has completed development of Overture Sugar Land, a 200-unit active adult community in the Houston suburb of Sugar Land.
POMONA, Calif. — Integrity Housing has opened Olivera Senior Apartments, an 84-unit affordable seniors housing community in the Los Angeles suburb of Pomona.
CHAMBLEE, Ga. — Bank of America has provided a $28,000 grant to Mercy Housing Southeast (MHSE), an affordable housing nonprofit currently developing a 79-unit property for seniors in the Atlanta…
CONROE, Texas — Pisula Development has acquired Brightpointe at Rivershire, a 150-bed skilled nursing facility in Conroe, approximately 40 miles north of Houston.
BOSTON — Berkeley Point Capital has hired Eric Keifer as senior managing director, head of FHA, affordable, and seniors housing.
TULSA, Okla. — Saint Simeon's Senior Community, an independently owned and operated community in Tulsa, has opened a new section of the community dedicated specifically to residents diagnosed with Parkinson’s…
TIGARD, Ore. — Radiant Senior Living has named Sherry Lebed Davis as its new vice president of sales and marketing. Davis’ responsibilities will include overseeing all aspects of training and…
ATLANTA — Legislative decisions made over the next 18 months will have a substantial effect on American businesses, according to Sen. Johnny Isakson (R-Ga.). The remarks were made at the…
VANCOUVER, Wash. — Capital One has provided a $41.1 million first mortgage loan and a $5 million senior credit facility for Prestige Care, a Vancouver-based owner-operator.
PALM BEACH GARDENS, Fla. — Silverstone Healthcare Co., a Dallas-based developer, has opened HarborChase of Palm Beach Gardens, a 120-unit assisted living and memory care community in Palm Beach Gardens.
GLENDALE, Ariz. — CBRE has arranged $20.2 million in construction financing for MorningStar of Glendale, a 144-unit independent living, assisted living and memory care community in Glendale, approximately nine miles…
FREDONIA, Kansas — Blueprint Healthcare Real Estate Advisors has arranged the sale of two seniors housing communities in southeast Kansas for an undisclosed price.
WASHINGTON, D.C. — HJ Sims has arranged $190 million in financing for Ingleside at Rock Creek, a continuing care retirement community in Washington, D.C. The funds will be used toward…
IRONTON, Ohio — KeyBank Real Estate Capital has arranged a $6.9 million FHA loan to Millennia Housing Development Ltd.
MARYSVILLE, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of Milcrest Nursing Center, a 50-bed skilled nursing facility in the Columbus suburb of Marysville, for $2.6 million.
TOLEDO, Ohio — Quality Care Properties Inc. (NYSE: QCP), a Maryland-based seniors housing owner, has started the legal process to appoint an independent receiver to oversee operation of its skilled…
NEWNAN, Ga. — Watercrest Senior Living Group has announced plans for Watercrest Newnan, a 107-unit assisted living and memory care community in the Atlanta suburb of Newnan.
WEST YARMOUTH, Mass — Maplewood Senior Living will host a grand opening Wednesday, Aug. 23, for Mill Hill Residence, a Maplewood At Mayflower Place Community. The property offers 75 units…
TELFORD, Pa. — HJ Sims has completed a $32.1 million refinancing Lutheran Community at Telford (LCT), a continuing care retirement community in Telford, approximately 35 miles north of Philadelphia.
STONE MOUNTAIN, Ga. — Isakson Living has opened Park Springs Health Services in the Atlanta suburb of Stone Mountain, featuring Georgia's first-ever, built-to-suit household model.
DENVER — Northstar Commercial Partners has completed Balfour at Stapleton, a 74-unit assisted living and memory care community in Denver’s Stapleton neighborhood.
INDIANA — Lancaster Pollard has arranged $158.4 million in financing for Trilogy Health Services. The loans will refinance a 10-property portfolio of seniors housing properties in Indiana.
VERO BEACH, Fla. — Watercrest Senior Living Group has hired Debra Gardner Hussey as the company’s new chief operating officer.
NEW YORK CITY — KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp (NYSE: KEY), has agreed to acquire Cain Brothers & Co. LLC, a New York…
BELLEVUE, Wash. — Transforming Age, a nonprofit operator, has hired Michael Connell as its new chief financial officer.
LIVE OAK, Texas — Drever Capital Management has announced plans for Larkspur at Live Oak, a 213-unit age-restricted community in the San Antonio suburb of Live Oak.
WESTLAND and SOUTHFIELD, Mich. — Greystone Real Estate Advisors has closed the sale of two senior living communities in the Detroit metropolitan area. Chevalier International Holdings Ltd. purchased Ashford Court…
LOS ANGELES — Red Stone Tax-Exempt Funding LLC recently provided $18.8 million in bond financing to BlueGreen Preservation and Development. The tax-exempt bonds will be used to acquire and rehabilitate…
ROCKY RIVER, Ohio — Berkeley Point Capital has completed three HUD 232/223(f) refinancings for JAG Healthcare Group Inc. The Rocky River-based company will use the loans toward three skilled nursing…
ORLANDO, Fla. — Triloma Financial Group has expanded its seniors housing division, Triloma Senior Housing, by hiring James Hendrix as chief investment officer. The firm is looking to acquire healthcare…
SUMMERVILLE, S.C. — Frampton Construction Co. has completed work on The Blake at Carnes Crossroads, a 100-unit assisted living and memory care community in Summerville, approximately 25 miles northwest of…
LAKE FOREST, Calif. — Summit Healthcare REIT Inc. has acquired an interest in nine skilled nursing facilities located in the Northeast for $60 million. The names and locations of the…
ALLEN PARK, Mich. — Blueprint Healthcare Real Estate Advisors has brokerd the sale of Maple Heights Retirement Community, a 145-unit independent living community in the Detroit suburb of Allen Park…
DOYLESTOWN, Pa. — Multifamily & Healthcare Finance LLC (MHF) has received approval from HUD as a MAP and LEAN FHA-approved lender.
TEXAS — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $14.2 million loan for a four-facility skilled nursing portfolio totaling 472 beds in…
IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) shareholders have voted to approve the company’s planned merger with Care Capital Properties (NYSE: CCP), despite objections of several major…
PALM COAST, Fla. — HJ Sims has arranged $43.8 million in bond financing for the construction of Tuscan Gardens at Palm Coast, a 130-unit assisted living and memory care community…
CHASKA, Minn. — The Goodman Group has promoted Kim Te Brugge to vice president of operations for its senior living and health care division. She will be based at the…
BROOMFIELD, Colo. — Love Funding has closed a $5.2 million refinancing for Town Centre Senior Apartments, an affordable seniors housing community in the Denver suburb of Broomfield.
ST. LOUIS — Wiegmann Associates, a St. Louis-based general contractor, has hired KC McDonald as director of national business development.
CONROE, Texas, and MADISON, Wis. — KeyBank Real Estate Capital has arranged a total of $23.8 million Fannie Mae credit facility to Harmony Housing, a nonprofit affordable housing investor. The…
OHIO — Blueprint Healthcare Real Estate Advisors has arranged the sale of a two-property, 252-bed skilled nursing portfolio in Ohio. The specific names and locations of the properties were not…
CHICAGO — The AFL-CIO Housing Investment Trust (HIT) has re-opened Kenmore Plaza Apartments, a 28-story affordable seniors housing community in Chicago.
NEW YORK CITY — Riverdale Nursing Home, a 146-bed skilled nursing facility in the Bronx, has opened a new medical behavioral health unit.
VERO BEACH, Fla — Watercrest Senior Living Group, a Vero Beach-based seniors housing developer and operator, has hired Theresa Connor as director of clinical operations.
DOWNERS GROVE, Ill. — Lifespace Communities is set to begin a $150 million redevelopment at Oak Trace, a continuing care retirement community in Downers Grove, approximately 20 miles west of…
TEXAS — Hunt Mortgage Group, a New York City-based lender, has provided $27.6 million in loans to refinance a portfolio of eight skilled nursing facilities in Texas.
RYE, N.H. — National Health Investors Inc. (NYSE: NHI) has financed the acquisition of a 40-unit memory care community in Rye, located along the coast near the Maine border.
PHOENIX — Cathedral Development Group has completed the $33 million conversion of a historic luxury hotel in Phoenix into The Historic Westward Ho Apartments, an affordable seniors housing community.
WILDWOOD, Fla. — American House Senior Living Communities has acquired American House Wildwood, a 173-unit independent living community in Wildwood, approximately 50 miles northwest of Orlando.
TAVARES and CLERMONT, Fla. — Allegro Management Co. has taken over the operations of Osprey Lodge in Tavares and Crane’s View Lodge in Clermont.
KIRKLAND, Wash. — Columbia Pacific Advisors, a Seattle alternative investment firm, has sold Talyst Systems LLC, a pharmacy automation solution based in Kirkland, Wash. Swisslog Healthcare, a global supplier of…
HUNTSVILLE, Ala. — LifeCenters Communities for Seniors has planned a 190-unit independent living, assisted living and memory care community within its Hampton Cove master-planned development in Huntsville.
BRENTWOOD, Tenn. — The proposed $3 billion acquisition of Brookdale Senior Living (NYSE: BKD) by a Chinese investor has stalled amid funding problems for the buyer, according to a report…
BRADENTON, Fla. — Civitas Senior Living, a Texas-based senior living management and consulting company, has been awarded the managing contract for Élan Manatee, a 95-bed assisted living and memory care…
TULSA, Okla. — KeyBank Real Estate Capital has arranged a $13 million Freddie Mac first mortgage loan for Legend at Tulsa Hills, an 86-unit seniors housing community in Tulsa.
KENNETT SQUARE, Pa. — Kendal Corp., a nonprofit seniors housing operator, has promoted Stephen Bailey to vice president for new business and development.
AUSTIN, Texas — Spectrum Retirement Communities has opened the doors on Lake Travis Independent Living, a 140-unit independent living community in Austin.
CARY, N.C. — HHHunt has opened Spring Arbor of Cary, an 80-unit assisted living and memory care community in the Raleigh suburb of Cary.
PORTLAND, Ore. — Granite Investment Group has acquired Tabor Crest, a two-property memory care company in East Portland, for an undisclosed price.
FORT WORTH, Texas — Civitas Senior Living has opened a welcome center on the site of The Ridglea, an assisted living and memory care community that is currently under construction.
SPRING LAKE PARK, Minn. — Dominium has started construction of Legends of Spring Lake Park, a 194-unit affordable seniors housing community in the Minneapolis suburb of Spring Lake Park.
WACO, Texas — Senior Living Investment Brokerage has arranged the sale of two skilled nursing facilities in Texas for $9.3 million.
NEW YORK CITY —Monticello Asset Management LLC has hired experienced HUD underwriter Corley Audorff to its team.
HOUSTON — Tradition Senior Living LP has broken ground on The Tradition-Buffalo Speedway, a 316-unit independent living, assisted living and memory care community in Houston.
KENNETT SQUARE, Pa. — Kendal Corp. has hired Howard Braxton as director of sales and marketing. Working from the company’s headquarters in Kennett Square, his will provide a wide range…
ST. CHARLES, Ill. — Silverado will lay the foundation next week on Silverado St. Charles, a 90-unit memory care in the Chicago suburb of St. Charles.
BREA, Calif. — CBRE has arranged the sale of Williams Senior Apartments, a 28-unit age-restricted community in the Los Angeles suburb of Brea, for $6.8 million.
CLEMSON, S.C. — Dominion Senior Living has broken ground on Dominion Senior Living at Patrick Square, a $10 million, 50,000-square-foot seniors housing community in Clemson.
WHITE BEAR LAKE, Minn. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired Memory Care Cottages in White Bear Lake, a 30-unit, high-acuity memory care community in the Minneapolis suburb of…
CHICAGO — Ventas Inc. (NYSE: VTR) has found a new position for Todd Lillibridge, president and CEO of Ventas’ medical office subsidiary Lillibridge Healthcare Services (LHS).
MISSOURI CITY, Texas — Civitas Senior Living has acquired Oyster Creek Assisted Living and Memory Care, an 87-unit assisted living and memory care community in the Houston suburb of Missouri…
WESTPORT, Conn. — Maplewood Senior Living has named Brian Geyser to the position of vice president of clinical innovation and population health. He will be responsible for building and leading…
BIRMINGHAM, Ala. — Methodist Homes of Alabama & Northwest Florida has started construction of a 38-unit independent living and assisted living expansion at Fair Haven, a continuing care retirement community…
SAN DIEGO, Calif. — Capital One has provided a $77.7 million loan to refinance a portfolio of nine seniors housing facilities in Arizona, California, Florida, Oregon and Utah. The mortgage…
DELRAY BEACH, Fla. — Lifespace Communities has opened a $20 million renovation at Harbour’s Edge, a continuing care retirement community in Delray Beach, a coastal city in Palm Beach County.
ESTERO, Fla., and CARY, N.C. — Kaufman Lynn Construction has expanded its office in Estero and opened a new office in Cary.
VENICE, Fla. — Stevens Construction has been selected for the renovation of Mark Manor, the assisted living building at the Village on the Isle continuing care retirement community in Venice.
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has reached an agreement with Land & Buildings Management LLC, a stockholder that was unhappy with process surrounding a potential sale…
LOS ANGELES — Cindat Capital Management has hired John Stasinos as managing director and will focus on the firm’s Healthcare Real Estate practice area. He will be based in Los…
KIMBERLY, Wis. — Heritage Senior Living will host a grand opening this week for Aspire Senior Living, a 136-unit independent living, assisted living and memory care community in Kimberly, located…
NEW YORK CITY — Monticello Asset Management LLC, a New York-based investment advisor, has hired Tami Antebi as director of investor relations.
BLUE RIDGE, Ga. — KeyBank Real Estate Capital has provided a $12.9 million Fannie Mae first mortgage loan for Blue Ridge Assisted Living and Memory Care, a 67-unit assisted living…
BRYAN, Texas — Parc Communities has opened a marketing center at the future site of Parc at Traditions, a 159-unit independent living, assisted living and memory care community set to…
ORANGE CITY, Fla. — Civitas Senior Living has announced plans for Parc Hill Senior Living, a 99-unit assisted living and memory care community in Orange City, approximately 30 miles north…
NEW PROVIDENCE, N.J. — Erickson Living has opened Woodland Pointe, a new assisted living and memory care community at its Lantern Hill continuing care retirement community in New Providence, approximately…
NEW YORK CITY — Greystone has provided a $78.4 million HUD-insured permanent loan to refinance Boro Park Center for Nursing & Rehabilitation in Brooklyn.
OVERLAND PARK, Kan. — CA Senior Living and Senior Lifestyle Corp. have opened the doors on Sheridan at Overland Park, a 116-unit assisted living and memory care community in the…
GRESHAM, Ore. — Capital One has provided a $12 million fixed-rate HUD 232/223(f) loan to refinance Regency Gresham, a 128-bed skilled nursing facility in the Portland suburb of Gresham.
CUTLER BAY, Fla. — Marcus & Millichap has arranged the $30 million sale of Cabana Club Apartments, a 332-unit affordable seniors housing community in the Miami suburb of Cutler Bay.
TALLAHASSEE, Fla. — Roger B. Kennedy Construction has broken ground on assisted living and memory care expansions at Tapestry Tallahassee Walden in Tallahassee.
DES MOINES, Iowa — LCS has promoted David Laffey from senior vice president to executive vice president, at LCS Real Estate. Laffey was also appointed to the board of managers…
GARLAND, Texas — KWA Construction has broken ground on Firewheel Senior Living Residences, a 154-unit seniors housing community in Garland, located in the Dallas-Fort Worth Metroplex.
JOHNSON CITY, SMYRNA and SHELBYVILLE, Tenn. — Capital One announced has provided three fixed-rate HUD loans totaling $27.2 million to Strawberry Fields REIT. The loans will refinance a portfolio of…
CHANDLER, Ariz. — Summit Healthcare REIT Inc. has acquired Pennington Gardens, a 90-bed assisted living and memory care facility in the Phoenix suburb of Chandler for $13.4 million.
BEAVERTON, Ore. — Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on MorningStar of Beaverton, a 104-unit assisted living and memory care community in the Portland suburb…
RIVERSIDE, Calif. — Lancaster Pollard has arranged a $6.5 million refinancing for Magnolia Grand, a 95-unit independent living community in Riverside, located in the Inland Empire region of California.
KEENE, N.H. — HJ Sims has closed $93 million in tax-exempt bonds, which will be used toward the development of Hillside Village, a continuing care retirement community (CCRC) in Keene.
NAPLES, Fla. ─ The Goodman Group has broken ground on Terracina Health & Rehabilitation, a 30-bed transitional care unit at its Terrancia seniors housing in Naples.
PONTE VEDRA, Fla. — Starling, a senior living owner and operator with communities in Florida and Tennessee, will soon break ground on a 140-unit independent living development in Nocatee, the…
RATHDRUM, Idaho — Senior Living Investment Brokerage has arranged the sale of Generations Assisted Living and Wellness, a 48-unit assisted living community in Rathdrum, for an undisclosed price.
LEBANON, Ind. — Strawberry Fields REIT LLC has acquired Hickory Creek at Lebanon, a 64-bed skilled nursing facility in the Indianapolis suburb of Lebanon, for $1 million.
AURORA, Colo. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Sable Care and Rehabilitation Center, a 120-bed skilled nursing facility in the Denver suburb of Aurora, for…
CHICAGO — Focus Healthcare Partners LLC, a Chicago-based private real estate investment firm targeting the seniors housing sector, has closed its first discretionary investment fund, Focus Senior Housing Fund I…
MARGATE, N.J. — Sims Mortgage Funding, a subsidiary of HJ Sims, has arranged a $6.4 million HUD loan for Margate Terrace, an affordable seniors housing community in Margate, a beach…
ORANGE, Calif. — Cadence Senior Living has acquired Kirkwood Orange, an assisted living and memory care community in Orange, Calif., located southeast of Los Angeles.
BLOOMINGTON, Ind. — Five Star Senior Living Inc. (NASDAQ: FVE) has completed a new short-term rehabilitation center at Meadowood Retirement Community in Bloomington.
CHICAGO — Skender Construction has completed J. Michael Fitzgerald Apartments, a 62,000-square-foot affordable seniors housing community in Chicago’s North Park Village.
JEFFERSONTOWN, Ky. — A private equity firm has acquired Park Louisville, a memory care facility in the Louisville suburb of Jeffersontown, for $4.3 million.
BROOKVILLE and LIBERTY, Ind. — MedEquities Realty Trust (NYSE: MRT) has agreed to acquire Brookville Healthcare Center in Brookville and Whitewater Commons Senior Living Center in Liberty, both skilled nursing…
ST. LOUIS, Mo. — McGrath & Associates, a St. Louis-based general contractor, has promoted Scott Olson to the position of healthcare business manager.
MONUMENT, Colo. — Walker & Dunlop Inc. has structured a $28.2 million construction loan for Jackson Creek Senior Living, a 137-unit assisted living facility in Monument, located between Denver and…
CHARLESTON, S.C. — A joint venture between Alex. Brown Realty Inc. (ABR), Wakefield Capital and Affinity Living Group has announced development plans for Indigo Hall, a 120,000-square-foot seniors housing community…
ARLINGTON HEIGHTS, Ill. — Five Star Senior Living (NASDAQ: FVE) has completed renovations at Church Creek Senior Living, a continuing care retirement community in the Chiacgo suburb of Arlington Heights.
KIRKLAND, Wash. — Koelsch Communities will break ground July 19 on Jefferson House, an 80-bed memory care community in the Seattle suburb of Kirkland.
TAMPA and JUPITER, Fla. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $44.8 million loan for two skilled nursing facilities in Tampa…
STONE MOUNTAIN, Ga. — Isakson Living has opened Park Springs Health Services, a memory care community adjacent to the company’s Park Springs continuing care retirement community in the Atlanta suburb…
IRVINE, Calif. — WNC, an Irvine-based real estate investor, has closed WNC Institutional Tax Credit Fund 43 LP, a $144 million institutional low-income housing tax credit (LIHTC) fund.
SAN DIEGO — Newmark Knight Frank (NKF), a commercial real estate advisory firm, has added Rob Black and Sean McNee as senior managing directors. McNee and Black both specialize in…
A Q&A with Capital One’s Josh Rosen
KISSIMMEE, Fla. — Providence One Partners and Watercrest Senior Living Group have broken ground on Sage Park Assisted Living and Memory Care, a 128-unit community in the Orlando suburb of…
IRVINE, Calif. — HCP (NYSE: HCP), the fourth largest owner of seniors housing properties in the United States, has hired Shawn Johnston as senior vice president and chief accounting officer (CAO).
DALLAS — Capital Senior Living Corp. (NYSE: CSU), one of the country’s largest operators of senior living communities, has hired Brett Lee as executive vice president and chief operating officer…
NEW YORK CITY — Greystone, a real estate lending, investment and advisory company, has provided a $29 million HUD-insured permanent loan for Sapphire Center for Rehab & Nursing of Central…
COEUR D’ALENE, Idaho — Lancaster Pollard’s Propero Seniors Housing Equity Fund II has acquired Creekside Inn, a 38-unit, 65-bed memory care facility in Coeur d’Alene, approximately 30 miles east of…
COMMACK, N.Y. — The New York State Department of Health has approved the start of resident reservations at Fountaingate Gardens, a continuing care retirement community (CCRC) under development in Commack…
WHEAT RIDGE, Colo., and ALBUQUERQUE, N.M. — Confluent Senior Living, a subsidiary of Denver-based Confluent Development, has sold two of its communities, MorningStar of Wheat Ridge and MorningStar of Albuquerque.
SEATTLE — Technology investor Silver Lake and equity firm General Atlantic have agreed to acquire A Place For Mom, a Seattle-based seniors housing referral service. The seller is the company’s…
BLUE RIDGE, Ga. — Senior Living Investment Brokerage has arranged the sale of Blue Ridge Assisted Living for $17 million.
CHASKA, Minn. — The Goodman Group, a seniors housing and multifamily developer, has promoted Bill Howell to director of operational development within its subsidiary, JBG Design & Development.
LONG BEACH, Calif. — iBorrow, a private commercial real estate lender, has provided a $9.3 million bridge loan for an assisted living community’s renovations in the Los Angeles suburb of…
LAS VEGAS — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired Acacia Springs, a 160-unit seniors housing community in Las Vegas.
SAN FRANCISCO — American Healthcare Investors and Griffin Capital Co. LLC, the co-sponsors of Griffin-American Healthcare REIT IV Inc., have announced the fund will acquire a 327-unit, eight-property portfolio of…
TAYLORSVILLE, Utah — Construction has commenced for Summit Vista, a 105-acre continuing care retirement community in the Salt Lake Valley city of Taylorsville.
RALEIGH, N.C. — Kisco Senior Living has opened the new Healthcare Services Building at The Cardinal at North Hills, a continuing care retirement community in Raleigh.