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HJ Sims Finances New Florida Community

KISSIMMEE, Fla. — HJ Sims, an investment bank and brokerage firm, is financing Tuscan Isle, a seniors housing community in Kissimmee. Tuscan Isle will be comprised of 120 independent living units, 56 assisted living units and 36 memory care units.

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Clark’s Crossing Senior Facility to Open in Vincennes, Ind.

VINCENNES, IND. — Flaherty & Collins Properties and Myszak + Palmer will host a grand opening ceremony for Clark’s Crossing, a senior living center in Vincennes, on March 18. The property is located at 300 N. 6th St. Clark’s Crossing features 47 one- and two-bedroom apartment homes, which include fully equipped kitchens with energy efficient appliances, hardwood flooring, oversized closets, and washers and dryers.

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Brookdale, HCP Acquire Seniors Housing Portfolio for $849M

BRENTWOOD, TENN. AND IRVINE, CALIF. — Brookdale Senior Living Inc. (NYSE: BKD) and HCP Inc. (NYSE: HCP) have entered into a definitive agreement to purchase a portfolio of 35 private-pay seniors housing communities from Canadian real estate investment trust Chartwell Retirement Residences for $849 million.

Watercrest Breaks Ground for Assisted Living and Memory Care Community in Florida

SEBASTIAN, Fla. — Watercrest Senior Living Group, Walker & Company construction, MBV Engineering and Sebastian city officials have broken ground for Pelican Landing Assisted Living and Memory Care in Sebastian. Watercrest — the developer, owner and operator of the 65,000-square-foot, 89-unit senior living community — plans to open the building to residents in the spring of 2016.

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Avalon Assisted Living Earns National Quality Award

BRIDGEWATER, N.J. — The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) have recognized Avalon Assisted Living at Bridgewater with a National Quality Award. The assisted living facility is one of only four NCAL members in the country to receive the award.

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