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Skagit Valley Senior Village Sold for $35M

BURLINGTON, Wa. — A joint venture between Artemis Real Estate Partners and Chicago-based Focus Healthcare Partners LLC has sold Skagit Valley Senior Village, a 198-unit senior housing facility located in Burlington, Wa. Burlington is approximately 60 miles north of downtown Seattle. The property sold for $35 million.

Capital Health Group Joint Venture to Build 64-Bed Memory Care Facility in Fla.

ST. AUGUSTINE, Fla. — Capital Health Group, LLC and Fortress Ventures, LLC have formed a joint venture to develop a 64-bed, market-rate memory care community on 9 acres of land located at 840 State Road 16 in St. Augustine. The land was purchased by the venture in December and the new facility is scheduled to open in the second quarter of 2016.

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