LACEY, Wash. — KeyBank Community Development Lending and Investment (CDLI) has provided $70 million in combined construction and permanent loan financing to AVS Communities.
BMO Harris Funds $46.5M Development Financing for United Properties, Watercrest Community in Sarasota
SARASOTA, Fla. — BMO Harris Bank’s Healthcare Real Estate Finance group acted as sole lender for a $46.5 million construction loan for the development of a 198-unit seniors housing community…
WELSH, La., and SOUTHAVEN, Miss. — Lancaster Pollard recently closed a series of bridge loan transactions for seniors housing communities in the Southeast.
CHARLOTTE, N.C. — The Senior Dining Association (SDA) will host the first Senior Dining Association Conference and Expo, to be held March 17-20 in Charlotte.
WALTHAM, Mass. — Benchmark has announced the hiring of Scott Bradshaw as the company’s new regional director of sales.
KINGSTON, Mass. — National Health Investors (NYSE: NHI) has acquired Wingate at Silver Lake, a seniors housing community just south of Boston in Kingston, for $50.3 million.
NEW YORK CITY — KeyBank Real Estate Capital has provided $33 million to refinance the Bronx Gardens Rehabilitation and Nursing Center, a 199-bed skilled nursing facility in the Bronx built…
ANNAPOLIS, Md. — The occupancy rate for seniors housing across the United States increased slightly in the fourth quarter of 2018, according to the National Investment Center for Seniors Housing…
WEST ST. PAUL, Minn. — Dougherty Mortgage LLC has provided a $20.9 million HUD-insured loan for the construction of Darts Senior Apartments, a 172-unit affordable seniors housing property in West…
NORTHPORT, Ala. — Senior Living Investment Brokerage has arranged the sale of Forest Manor, a 182-bed skilled nursing facility in the Tuscaloosa suburb of Northport.
CUMBERLAND and SMITHFIELD, R.I. — Greystone Real Estate Advisors has closed the sale of two seniors housing properties in Rhode Island: Chapel Hill in Cumberland and Smithfield Woods in Smithfield.
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) has appointed Robert Savage, an independent director of the company, as chairman of the company’s board of directors.
ORLANDO, Fla. — Dr. Phillips Charities has completed construction of HarborChase, a luxury independent living, assisted living and memory care community in the Dr. Phillips neighborhood of Orlando.
Lancaster Pollard Arranges $22.5M Construction Financing for Skilled Nursing Facility in Walnut Creek, California
WALNUT CREEK, Calif. — Lancaster Pollard Mortgage Co. has arranged $22.5 million in financing for the construction of a skilled nursing facility in the Bay Area city of Walnut Creek.
BUDA, Texas — Sodalis Senior Living has completed a 48-unit expansion at its community in Buda, a suburb of Austin.
NEWARK, N.J. — SVN Affordable | Levental Realty has brokered the $47.5 million sale of St. Mary’s Villa, a 360-unit, age-restricted community in Newark.
HOUSTON — CBRE National Senior Housing has arranged the sale and acquisition financing for The Village Portfolio, a two-property, 224-unit assisted living portfolio in Houston.
WEST DES MOINES, Iowa — Ryan Cos. US Inc. and Grand Living have unveiled plans for a 174-unit seniors housing community in West Des Moines.
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has announced the Senior Living Hall of Fame's 2019 class of inductees, featuring Debra Cafaro, CEO of of Ventas; Paul Klaassen…
PRAIRIE VILLAGE, Kan. — Tutera Senior Living & Health has completed construction of Mission Chateau Senior Living Community in Prairie Village, just south of Kansas City.
DALLAS — Capital Senior Living Corp. (NYSE: CSU) has appointed Kimberly Lody as the company’s new president and CEO, replacing Larry Cohen who retired at the end of 2018. Lody…
DORAL, Fla. — HFF has arranged the sale of a 1.3-acre development site in Doral, a first-ring suburb of Miami, for $5.3 million. An assisted living community is planned for…
BANDON, Ore. — 1031 Crowdfunding LLC, through its affiliate 1031 CF Properties LLC, has acquired an 84-unit assisted living and memory care facility in Bandon, a coastal city in the…
SCRANTON, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in the Wyoming Valley region of Northeast Pennsylvania.
Bridge Investment Group Acquires Somerby Living Services, Including Nine Seniors Housing Communities
NEW YORK CITY AND BIRMINGHAM, ALA. — An affiliate of Bridge Investment Group has purchased Somerby Senior Living Services, a seniors housing operator based in Birmingham. The seniors housing firm…
CHICAGO — Evergreen Real Estate Group has been retained to manage nine affordable housing communities totaling 1,071 units across Illinois, Kansas, Ohio and Wisconsin. The properties include a mix of…
NASHVILLE, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of three skilled nursing facilities in Western Kentucky for $18.7 million.
JOHNSON COUNTY, Kan. — Greystone has provided $14 million in bridge financing for the acquisition of a 130-bed skilled nursing facility in Johnson County, just southwest of Kansas City.
RAPID CITY, S.D. — Evans Senior Investments (ESI) has arranged the sale of Somerset Court Rapid City, an 87-unit assisted living community in Rapid City, located in the western portion…
FORT WORTH, Texas — DHG Healthcare, the national healthcare practice of Dixon Hughes Goodman LLP, has acquired Fort Worth-based analytics firm JC Griffin LLC (JCG). The price was not disclosed.
SEBRING, SPRING HILL and TAMPA, Fla. — The National Seniors Housing Group of Colliers International has arranged the acquisition of three seniors housing communities in Florida for $20.5 million.
PARK RIDGE, Ill. — Capital One has provided a $15.1 million loan to refinance Avantara Park Ridge, a 154-bed assisted living facility in Park Ridge, a suburb of Chicago.
SANTA FE and HOBBS, N.M. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two skilled nursing facilities, located in Santa Fe and Hobbs and totaling 200 beds.
SEATTLE — Aegis Living, a Seattle-based senior living owner, developer and operator has hired Kris Engskov as president.
TOLEDO, OHIO AND ORLANDO, FLA. — One of the giants of the healthcare REIT sector, Welltower Inc. (NYSE: WELL), has agreed to acquire 55 medical office and outpatient facilities from…
LEXINGTON, Ky. — MidCap Financial has arranged $35 million in financing for the acquisition of Legacy Reserve at Fritz Farm, an independent living, assisted living and memory care community.
MUNDELEIN, Ill. — CBRE has provided $25.9 million in HUD financing for the development of Transitional Care of Lake County, a 185-unit skilled nursing facility.
ORMOND BEACH and DELTONA, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of an affordable seniors housing portfolio in Central Florida.
HUNT VALLEY, MD. AND NASHVILLE, TENN. — Real estate investment trust Omega Healthcare Advisors (NYSE: OHI) has agreed to acquire MedEquities Realty Trust (NYSE: MRT) in a cash and stock…
KEENE, N.H. — Black Salmon, a national commercial real estate investment firm based in Miami, has made its first seniors housing acquisition as part of a planned $250 million pipeline…
IRVINE, Calif., and WINTER PARK, Fla. — Irvine-based Sabra Health Care REIT Inc. (NASDAQ: SBRA) has canceled its master lease with Winter Park-based independent living operator Holiday Retirement, concurrently entering…
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) has hired David Smith as executive vice president and chief financial officer and Bhairav Patel as executive vice president…
PARKER, Colo. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired Avantara Crown Point, a 154-bed skilled nursing facility in Parker, approximately 25 miles southeast of Denver.
OTTAWA, Kan. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Ottawa Retirement Village, a continuing care retirement community in Ottawa, approximately 50 miles southwest of Kansas City.
ATLANTA — SunTrust Banks Inc. (NYSE: STI) has provided $86 million in financing first-phase construction of Village Park Senior Living.
PURCHASE, N.Y. — HJ Sims has provided $15 million in financing for the development of Broadview Senior Living at Purchase College, a continuing care retirement community.
NEW YORK CITY — White Oak Healthcare Finance has acquired approximately $700 million in skilled nursing and seniors housing loans from Capital One Healthcare and its participant banks.
HUNTSVILLE, KINGSPORT and LAWRENCEBURG, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in Tennessee.
HERMITAGE, Tenn. — Charter Senior Living has named Wanda Palumbo as executive director of Charter Senior Living of Hermitage, an independent living, assisted living and memory care community in the…
MELBOURNE, Fla. — Multifamily developer and investment firm Pollack Shores Real Estate Group has unveiled plans for 166 active adult apartments in the Viera community of Melbourne.
EMMAUS and WERNERSVILLE, Pa. — HJ Sims has arranged $18 million in financing for Phoebe Ministries, a seniors housing provider in southeastern Pennsylvania.
DEER VALLEY, Ariz. —The Bruckal Development Group of Arizona, in partnership with Ridgeline Properties of Ann Arbor, Mich., has opened Deer Valley Senior Living in Deer Valley, a suburb of…
HUNTINGTON, W.V. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Madison Park Healthcare, a skilled nursing and assisted living community in Huntington.
BIRMINGHAM, Ala. — Birmingham-based Atlas Senior Living has promoted Greg Crutcher from vice president of sales and marketing to chief marketing officer.
PHILADELPHIA — Presby’s Inspired Life has opened Witherspoon Senior Apartments, an adaptive reuse project that turned a former nursing home into affordable seniors housing in Southwest Philadelphia.
SOUTH JORDAN, Utah — PGIM Real Estate Finance has originated a $17.2 million Fannie Mae Choice refinancing for Legacy Retirement Center, an independent living community in the Salt Lake City…
AVON, Conn. — Benchmark, a Massachusetts-based operator, has promoted Jaime Girard to executive director at River Ridge at Avon, an assisted living and memory care community in the Hartford suburb…
LOS ANGELES — South Bay Partners Inc., through a joint venture with LAMB Properties LLC, has acquired two parcels totaling 2.7 acres in the Woodland Hills neighborhood of Los Angeles…
GLEN MILLS, Pa. — LCB Senior Living has broken ground on The Residence at Chadds Ford, an independent living, assisted living and memory care community in Glen Mills, located west…
MARLBORO, N.J. — Cushman & Wakefield National Senior Housing Capital Markets has arranged the sale of The Solana Marlboro, a newly constructed, 79-unit assisted living and memory community in Marlboro.
CONCORD, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a skilled nursing facility in Concord, a northwestern suburb of Boston.
WEST DES MOINES, Iowa — Lifespace Communities has hired Russell Mauk as its new vice president of development, design and construction.
DELRAY BEACH, Fla. — BRP Senior Housing Management, an affiliate of Big Rock Partners, has acquired a 15-acre site for a luxury seniors housing community in the Palm Beach County…
NEW YORK CITY — Berkadia, a New York-based investment sales and mortgage banking firm, has closed $327 million in Freddie Mac financing for Brookdale Senior Living, the largest owner and…
BOSTON and SEATTLE — Blue Moon Capital Partners LP, a seniors housing private equity investor based in Boston, has formed an acquisition joint venture with Aegis Living, a Seattle-based owner-operator.
NEWTON, Mass. — Five Star Senior Living Inc. (NASDAQ: FVE) has promoted Katie Potter to the positions of president and CEO. She replaces Bruce Mackey, who is retiring at the…
FOUNTAIN VALLEY, Calif. — Lancaster Pollard has provided $36 million in fixed-rate, HUD-insured financing for the construction of Park View Estates.
ANNAPOLIS, Md. — The skilled nursing occupancy rate saw a slight uptick in the third quarter of 2018, increasing 14 basis points to 82.2 percent, according to data from the…
DALLAS — Presbyterian Communities and Services has unveiled plans for a new independent living building at Presbyterian Village North, a continuing care retirement community in Dallas.
KeyBank Provides $10.8M Loan to Convert Public School in Upstate New York into Affordable Seniors Housing
VERONA, N.Y. — KeyBank Community Development Lending & Investment (CDLI) has provided a $10.8 million construction loan to convert a public school into affordable seniors housing in Verona, located just…
CHICAGO — Green Courte Partners LLC, a Chicago-based private equity real estate investment firm, has hired Jim Pusateri as the CEO of True Connection Communities, the company’s new senior living…
VERO BEACH, Fla. — Harbor Retirement Associates (HRA), a regional senior living development and management company based in Vero Beach, has appointed Laureen McGuire as its new vice president of…
OAK CREEK, Wis. — National Health Investors Inc. (NYSE: NHI) has agreed to finance development of Ignite Medical Resort Oak Creek, a 144-bed skilled nursing facility just south of Milwaukee…
IRVINE, Calif. — HCP Inc. (NYSE: HCP) has agreed to sell 15 million shares of its common stock in order to help fund its development and acquisition pipeline.
ATLANTA — Lenbrook, an independent continuing care retirement community (CCRC), has announced plans for a $100 million expansion known as Kingsboro at Lenbrook.
BROOMFIELD, Colo. — HFF has arranged $21.4 million in financing for The Avenues Crofton Park, a 90-unit independent living community in the Denver suburb of Broomfield.
PITTSBURGH — The Knapp Group of Marcus & Millichap has brokered the sale of a 58-unit personal care home community in Southwest Pennsylvania.
ESSEX, Conn. — BMO Harris Bank’s Healthcare Real Estate Finance group has closed on a $12.3 million facility for TH Real Estate and LCS. The funds will finance the acquisition…
KNOXVILLE, Tenn. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Northshore Heights LLC, a 69-unit assisted living and memory care community in…
PITTSBURGH and LONG ISLAND CITY, N.Y. — Ziegler has served as the sole advisor to TripleCare on its acquisition by Curavi Health Inc.
CHICAGO — Walker & Dunlop Inc. has structured $13.9 million in financing for the acquisition of Willa Rawls Manor, an 11-story, 123-unit affordable seniors housing community in Chicago.
FALMOUTH, Maine — PGIM Real Estate Finance has originated a financing package totaling $9.9 million for OceanView at Falmouth, an 80-acre seniors housing campus in the Portland suburb of Falmouth.
TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has appointed Karen DeSalvo and Johnese Spisso, both high-profile healthcare executives, to its Board of Directors.
DALLAS — Senior Care Centers, a Dallas-based operator of more than 100 seniors housing communities in Texas and Louisiana, has filed for Chapter 11 bankruptcy protection in U.S. bankruptcy court…
TEXAS — Greystone has provided a $31.5 million bridge loan for four skilled nursing facilities located across Texas.
GREER, S.C. — The City of Greer has issued the final approval needed for development of a 135-unit seniors housing community in the city, located midway between Greenville and Spartanburg.
BRAINTREE, Mass. — Lancaster Pollard has arranged a $14.2 million refinancing for Alliance Health at Braintree, a 101-bed skilled nursing facility in the Boston suburb of Braintree.
GRIFFIN, Ga. — Pennrose and the Griffin Housing Authority have opened Terraces at the Park, a 68-unit affordable seniors housing community in Griffin, approximately 40 miles south of Atlanta.
TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has announced $1.3 billion in new investment transactions. The moves include more than $1 billion in off-market transactions, as well as a $300…
ARLINGTON, Wash. — AMWA Development Inc. has closed construction financing for Cedar Pointe, a 255-unit affordable seniors housing community in Arlington, approximately 45 miles north of Seattle.
OHIO — Regional Health Properties, Inc. (NYSE: RHE), a seniors housing investor and the successor to AdCare Health Systems, has transferred operations of five of its facilities in Ohio.
ATLANTA — The Arbor Company has named Kelley Skarp as its new senior vice president of sales and marketing.
NEW YORK CITY and BUFFALO, N.Y. — Greystone has provided a total of $100.8 million in HUD-insured loans to refinance two seniors housing properties in the state of New York.
BRIDGEWATER, N.J. — LCS has secured construction financing and broken ground on of The Delaney of Bridgewater, a new seniors housing community in Bridgewater, approximately 45 miles southwest of Manhattan.
LINCOLN and OMAHA, Neb. — Lancaster Pollard Mortgage Co. has facilitated a refinancing between Protective Life Insurance Co. and Agemark Corp.
SAN CLEMENTE, Calif. — CareTrust REIT, Inc. (NASDAQ: CTRE) has announced that David Lindahl has resigned from its Board of Directors to pursue other interests.
MONUMENT, Colo. — Bridges Community Care has joined Jackson Creek Senior Living as the community’s home care partner.
The best market studies interpret the data, not simply collect it, concludes InterFace panel.
SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based private equity firm and senior living developer, has broken ground on Revel Scottsdale, an independent living apartment community in the company’s hometown.
American Healthcare Investors Negotiates $650M Credit Facility for Griffin-American Healthcare REIT IV
IRVINE, Calif. — American Healthcare Investors LLC and Griffin Capital Corp., the co-sponsors of Griffin-American Healthcare REIT IV, have arranged a new credit facility for the non-traded REIT.
SANTA ROSA BEACH, Fla. —The St. Joe Company (NYSE: JOE) and Watercrest Senior Living Group have announced plans for an assisted living and memory care community in Santa Rosa Beach…
SALT LAKE CITY — Summit Vista, a Salt Lake City-based operator, has named Mark Erickson chief executive officer and Kelly Ornberg chief marketing officer to lead Utah's newest continuing care…
PHOENIX — Cushman & Wakefield has arranged the sale of Zen Senior Living, a 99-unit seniors housing community in Phoenix’s Paradise Valley neighborhood.
TAMPA, Fla. — Raisal has arranged a $10.1 million loan for the construction of a new assisted living facility in Tampa.
COLORADO SPRINGS, Colo. — HFF has arranged $31 million in financing for Province Springs, a 160-unit independent living community in Colorado Springs.
HENDERSON, Nev. — The Wolff Company, a Scottsdale-based private equity firm and multifamily developer, has opened the doors on Revel Nevada.
Capital Funding Group Closes Acquisition Financing for Five-Property Skilled Nursing Portfolio in Ohio
OHIO — Capital Funding Group, a Baltimore-based lender, has closed a bridge-to-HUD term loan for Vantage Point Capital.
LEXINGTON, N.C. — Love Funding has provided a $4.8 million refinancing for Grayson Creek of Welcome, an assisted living and memory care facility in Lexington, about 20 miles south of…
But at least one regional operator bucks the national trend by embracing the sector.
VENICE, Fla. — Caddis has announced plans for Heartis Venice, a 182-unit seniors housing community in the Gulf Coast city of Venice.
TOPSHAM, Maine — KeyBank Real Estate Capital has provided a $31.5 million Freddie Mac loan for Chicago Pacific Founders and its affiliate CPF Living Communities.
CAPE CORAL, Fla. — NexCore Group and Civitas Senior Living have started construction of The Waters of Cape Coral, an assisted living and memory care community in Cape Coral, a…
CLARKSVILLE, Ark. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Heritage Inn Retirement Center, an assisted living community in the Northwest Arkansas city of Clarksville.
MOUNT DORA, Fla. — Waterman Village, an independent, nonprofit continuing care retirement community in the Orlando suburb of Mount Dora, has announced plans for a $100 million expansion.
SEATTLE — Capital One has provided a $118.3 million Fannie Mae adjustable-rate loan to an investment vehicle managed by Seattle-based alternative investment firm Columbia Pacific Advisors.
NORWALK, Ohio — Evans Senior Investments (ESI) has arranged the sale of Gaymont Nursing Center in Norwalk, approximately midway between Cleveland and Toledo, for $7.3 million.
Lancaster Pollard Arranges $7.6M Bridge Loan for Three Skilled Nursing Facilities in Kansas, Missouri
KANSAS CITY, Mo. — Lancaster Pollard has arranged a $7.6 million bridge loan for three skilled nursing facilities operated by Medicalodges Inc.
ST. PETERSBURG, Fla. — Solvere Living has appointed Jack McCarthy to the position of executive vice president and Jamie Holiefield as vice president of the Eastern region. Solvere is the…
HERRIMAN, Utah — Buchanan Street Partners, a real estate investment management firm based in Newport Beach, Calif., has completed construction of Incline at Anthem.
SAN JUAN CAPISTRANO, Calif. — Continuing Life has unveiled plans for Reata Glen, a 480-unit continuing care retirement community in San Juan Capistrano.
PITTSTON, Pa. — HJ Sims has arranged $17.5 million in financing for United Methodist Homes.
SEBASTIAN, Fla. — PGIM Real Estate Finance has provided a $10 million Freddie Mac loan to Watercrest Senior Living Group. The funds will refinance debt on the company’s Pelican Landing…
PLANO, Texas — The Legacy Senior Communities, a nonprofit organization based in Plano, has elected Jerry Rasansky as chair of the board of trustees.
NEW YORK CITY — Jonathan Rose Cos., The NHP Foundation and Nuveen have acquired Shore Hill Housing, a two-building, 558-unit affordable seniors housing property in Brooklyn, for approximately $150 million.
NEVADA and TEXAS — KeyBank Real Estate Capital has provided a total of $127.7 million in bridge-to-HUD financing for two skilled nursing facility portfolios in Nevada and Texas.
SCOTTSDALE, Ariz. — Ryan Cos., Cadence Living and a controlled affiliate of private investor Starwood Capital Group have started construction of Acoya Scottsdale at Troon, an independent living and assisted…
WASHINGTON, D.C. — Sims Mortgage Funding, a subsidiary of HJ Sims, has arranged a $22.1 million loan to refinance a memory care community near Washington, D.C.
LOMBARD, Ill. — The Illinois Department of Public Health has approved allowing the public to use health center at Beacon Hill, a continuing care retirement community in Lombard, approximately 20…
Tom Grape has a sobering message for a senior living industry facing a growing number of disruptive forces, including rapid technological change and shifting consumer preferences that pose a threat…
ST. CLOUD, Minn. — Ryan Cos. has broken ground on Talamore, a 138-unit seniors housing community in St. Cloud, approximately 65 miles northwest of Minneapolis.
ROYAL PALM BEACH, Fla. — Hunt Midwest and Integral Senior Living (ISL) have broken ground on The Capstone at Royal Palm, an assisted living and memory care community in Royal…
OHIO — KeyBank Real Estate Capital has provided a $36.3 million FHA 232/223(f) loan for the acquisition of a four-property skilled nursing portfolio in Ohio.
WESTWOOD, Mass. — Fox Hill Village has announced a new agreement with Brigham and Women’s Hospital to operate a Wellness Clinic and a primary care practice on its campus.
INDIANAPOLIS — PR Mortgage & Investments, together with its wholly owned subsidiary RICHMAC Funding LLC, has rebranded as Merchants Capital.
ARDEN, N.C. — Lancaster Pollard has arranged a total of $120 million in financing for SanStone Health & Rehabilitation, a skilled nursing provider.
EUDORA, Kan. — Alcove Properties, a Lawrence, Kan.-based developer, has broken ground on The Homestead of Eudora, a 55-unit assisted living and memory care community.
PHILADELPHIA — Blueprint Healthcare Real Estate Advisors has negotiated the sale of two assisted living and memory care communities on the Philadelphia Main Line.
STOW, Ohio — Leisure Care has announced a planned remodel at its community in Stow, scheduled for completion in the first half of 2019.
CHICAGO — Charter Senior Living, a Chicago-based operator, has made two changes at its corporate office. Jayne Sallerson has been named chief operating officer while Carol Simbeya was named corporate…
WEST DES MOINES, Iowa – Lifespace Communities, a non-profit owner-operator based in West Des Moines, has announced two new hires to its corporate office.
NEW YORK CITY — Seniors housing REIT giant Welltower Inc. (NYSE: WELL) and international real estate firm Hines have announced plans for a 17-story seniors housing community on the Upper…
CLEVELAND — KeyBank Real Estate Capital has arranged a $291 million Freddie Mac loan for the acquisition of a 17-property seniors housing portfolio.
FAIRFIELD, Conn. — Benchmark has opened Sturges Ridge of Fairfield, an assisted living and memory care community in Fairfield, a coastal town between New York City and Hartford.
FORT WORTH, TEXAS — MedEquities Realty Trust Inc. (NYSE: MRT) has signed a 15-year lease with Creative Solutions in Healthcare, a Fort Worth-based operator of skilled nursing and assisted living…
BELLINGHAM, Wash., and GREAT FALLS, Mont. — Grandbridge Seniors Housing and Healthcare Finance Group has facilitated the closing of two loans for Highgate Senior Living.
CLEMMONS, N.C. — Evans Senior Investments (ESI) has arranged for a new operator at an assisted living facility in Clemmons, a suburb of Winston-Salem.
LAKE WORTH, Fla. — Leisure Care has opened The Landing of Lake Worth in the Palm Beach County city of Lake Worth.
COLLIERVILLE, Tenn. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Poplar Oaks Rehabilitation and Healthcare Center, a 114-bed skilled nursing and long-term care facility.
TAMPA, Fla. —MedBest, a Tampa-based senior living executive search firm, has hired Ashley Lodi as senior executive recruiter. In her new role, she is a link between MedBest clients and…
SAN DIEGO and MINNEAPOLIS — ResMed (NYSE: RMD), a San Diego-based healthcare device company, has agreed to acquire MatrixCare, a Minneapolis-based software company focused on the seniors housing industry, for…
MURFREESBORO, Tenn., and WINTER PARK, Fla. — National Health Investors (NYSE: NHI) has entered into a lease amendment and guaranty release with one of its tenants, an affiliate of Holiday…
NASHVILLE, Tenn., and ATLANTA — Cadence Living, a senior living development and management company based in Arizona, has acquired a three-community senior living portfolio in the Atlanta and Nashville metro…
LAS VEGAS — Evans Senior Investments (ESI) has arranged the sale of Vintage Park at San Martín, a 30-unit memory care community in Las Vegas.
COCKEYSVILLE, Md. — Ziegler has arranged $75.6 million in bond financing for Broadmead, an independent, nonprofit continuing care retirement community in Cockeysville, a northern suburb of Baltimore.
KIRKLAND, Wash. — The Wolff Company has broken ground on Revel Kirkland, a 151-unit independent living community in Kirkland, located just across Lake Washington from Seattle.
Dwight Capital Provides $13.2M Acquisition Financing for Three Skilled Nursing Facilities in Tennessee
KINGSPORT, LAWRENCEBURG and HUNTSVILLE, Tenn. — Dwight Capital has provided $13.2 million in financing for the acquisition of three skilled nursing facilities in Tennessee.
HOUSTON — Integral Senior Living has opened The Shores at Clear Lake, an assisted living and memory care community in the southeastern outskirts of Houston.
SARASOTA, Fla. — Revere Capital has financed a $3.6 million loan secured by a 29.1-acre land parcel located in Sarasota.
SMITHTOWN, N.Y. — Benchmark has opened Whisper Woods of Smithtown, an assisted living and memory care community in Smithtown, located on Long Island.
COEUR D’ALENE, Idaho — Radiant Senior Living has broken ground on a 16-unit expansion at The Renaissance at Coeur D’Alene, a seniors housing community in Coeur D’Alene, near the Washington…
ARKANSAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of two skilled nursing facilities in Arkansas for an undisclosed price.
SAN ANTONIO — CBRE has arranged a refinancing for Franklin Park Alamo Heights, a 221-unit independent living, assisted living and memory care community in San Antonio.
Watercrest Senior Living Group Hires Hollie Kemp as Vice President of Dementia Services, Programming
VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based developer, owner and operator, has hired Hollie Kemp as vice president of dementia services and programming.
HILLSBORO, ORE. — The Wolff Co. has broken ground on Revel Amberglen, an independent living community within Hillsboro’s mixed-use Amberglen Business Park.
BOSTON — Cushman & Wakefield Senior Housing Capital Markets, acting as advisor to HCP Inc., has arranged the sale of a portfolio of Brookdale-managed seniors housing communities.
NEW JERSEY — Monticello Asset Management has provided $65 million in bridge-to-HUD financing to HP Intermediate Administrative Services LLC for the acquisition of four seniors housing communities in New Jersey…
FARGO, N.D. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired The Meadows on University, a 110-bed skilled nursing facility in Fargo.
ALPHARETTA, Ga. — Speak Life, an Alpharetta-based operator, has hired managers for two of new communities in addition to two hires at the corporate level.
CHANDLER, Ariz. — Koelsch Communities is in the midst of construction for Park at Copper Creek, a luxury independent living community in the Phoenix suburb of Chandler.
VALLEJO, Calif. — Cushman & Wakefield Senior Housing Capital Markets has arranged a $23.8 million construction loan for The Lodge at Glen Cove, a 142-unit assisted living and memory care…
FOUNTAIN VALLEY, Calif. — Bend, Oregon-based Sunshine Retirement Living has announced plans for Park View Estates, a 100,000-square-foot assisted living and memory care community in Fountain Valley, located approximately 35…
LAS VEGAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of Pacifica Regency, a 73-unit assisted living and memory care community in Las Vegas.
PORTLAND, Ore. — Carnegie Capital has sourced and structured a $6.2 million cash-out refinancing for a 39-unit assisted living and memory care community in Portland.
PLEASANTON, Calif. — Stoneridge Creek, a continuing care retirement community in the Bay Area city of Pleasanton, has completed a two-year expansion project on its 50-acre campus.
KALISPELL, Mont. — Immanuel Lutheran Communities has completed a 58,000-square-foot independent living expansion at its continuing care retirement community in Kalispell, which it claims as the only CCRC in Northwest…
CHANDLER, Ariz. — Operator Seasons Management has opened Parkland Memory Care, a 72-bed memory care community in the Phoenix suburb of Chandler.
WENATCHEE, Wash. — CBRE has arranged a $9 million refinancing for Fieldstone Memory Care of Wenatchee, a recently completed memory care community in Wenatchee.
MANSFIELD, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of Ontario Commons, a 30-unit assisted living community in Mansfield, approximately midway between Cleveland and Columbus.
MORGANTON, N.C. — Carolinas HealthCare System Blue Ridge has started a $15 million renovation project at Grace Ridge, a 52-acre continuing care retirement community (CCRC) in Morganton.
CHICAGO— The National Investment Center for Seniors Housing & Care (NIC) kicked off its 2018 Fall Conference in Chicago by announcing a new software partner certification for measuring rental rates…
BELLEVUE, Wash. — BMO Harris Bank’s Commercial Real Estate Healthcare group has closed $16.7 million in acquisition and renovation financing for Sagebrook, an independent living, assisted living and memory care…
MELBOURNE, Fla. — Discover Senior Living has finished a 36-unit independent living expansion at Discovery Village At Melbourne.
VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based owner-operator, has hired Kerry Thurston as vice president of operations.
CHICAGO — Some 92 percent of executives from the seniors housing and long-term care industry expect the pace of mergers and acquisitions within the sector to remain the same or…
LAFAYETTE, La. — Abby Development has broken ground on The Vincent, a 255-unit seniors housing development in Lafayette.
ST. LOUIS — Love Funding has hired Eric Forguson as senior director of originations. Forguson will join the Love Funding team in St. Louis.
HANOVER PARK, Ill. — Aman Living has unveiled plans for Verandah Retirement Community in Hanover Park, a village 30 miles northwest of Chicago.
GAITHERSBURG and SOLOMONS, Md. — HJ Sims has closed $96.1 million in bond financing for Asbury Atlantic, a continuing care retirement community owner-operator based in Frederick, Md.
FRESNO, Calif. — CBRE has provided $32 million in Freddie Mac financing for the acquisition of The Windham Senior Living, a 200-unit independent living and assisted living community in Fresno’s…
GREENTOWN, Ind. — Lancaster Pollard has provided a $6.7 million HUD refinancing for Century Villa Health Care, an 84-bed skilled nursing facility and 43-unit assisted living facility in Greentown, a…
WESTMINSTER, Colo. — CA Senior Living LLC has started construction of Atria Westminster, a five-story, 137-unit senior living community in Westminster, approximately 10 miles northwest of Denver.
ALLEN, Texas — KWA Construction has completed Larkspur at Twin Creeks, a 243-unit independent living complex in Allen, approximately 25 miles north of downtown Dallas.
RIVERVIEW, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of The Crossings at Riverview, a 92-unit seniors housing community currently under development in the Tampa suburb of…
REDMOND, Wash. — Lancaster Pollard has provided $4.9 million in HUD-insured financing for Peters Creek Retirement and Assisted Living in Redmond, a suburb of Seattle.
CHICAGO — Gary Cohn, a Wall Street titan who served as chief economic advisor to President Donald Trump for more than a year, has a two-word solution to America’s broken political…
DALLAS — Ziegler has arranged $91.9 million in tax-exempt bond financing for Presbyterian Village North, a massive, nonprofit continuing care retirement community (CCRC) in Dallas.
DAWSONVILLE, Ga. — Senior Living Investment Brokerage has arranged the sale of North Georgia Assisted Living, a 32-unit community in Dawsonville, approximately 60 miles north of Atlanta.
LITTLETON, Colo. — Haven Senior Investments has arranged the sale of Golden Orchard Assisted Living, a 40-bed memory care facility in Littleton.
SCOTTSDALE, Ariz. — Mike Dollander has joined Cadence Living as vice president of operations for the Southeast region.
WASHINGTON, D.C. — The Veterans Administration has issued new rules and regulations that could dramatically affect the eligibility of veterans, according to Patriot Angels, an organization that seeks to help…