Capital One Closes $10.3 Million in FHA Loans to Refinance Two Illinois SNFs Capital One (NYSE: COF) recently announced that it has provided two fixed-rate HUD 232/223(f) loans totaling $10.3 million to refinance a 131-bed skilled nursing facility in Carbondale, Illinois, and a 70-bed skilled nursing facility in Anna, Illinois. The transaction was originated by Senior Vice […]
The LaSalle Group
The Goodman Group Appoints New COO Minnesota-based senior living developer and manager The Goodman Group appointed Craig Edinger as its chief operating officer. In his new role, Edinger will be responsible for The Goodman Group’s operational and business functions of its 70 senior living and health care, residential and commercial properties. Edinger has worked with […]
Kindred Appoints Joseph L. Landenwich as General Counsel and Corporate Secretary Kindred Healthcare, Inc., the largest post-acute services provider in the country, has named Joseph L. Landewich as general counsel and corporate secretary, effective Jan. 31, 2016. He will assume the role following the retirement of M. Suzanne Riedman, chief counsel and chief diversity officer. […]
(Oasis at Scholar’s Landing, an affordable assisted living community in Atlanta – Photo provided courtesy of McShane Construction Company) Construction: Planned Motion Picture & Television Fund to Build $35 Million Kirk Douglas Care Pavilion In celebration of actor Kirk Douglas’ 99th birthday, the Motion Picture & Television Fund (MPTF) announced plans to build a $35 million […]
Senior Lifestyle Associates Names Executive Vice President Senior Lifestyle Associates, Inc., a Delaware corporation engaged in the acquisition and management of senior living facilities through the United States, has appointed Douglas F. Gass as executive vice president. Gass has over 25 years of experience in capital markets, including institutional sales, investment banking and corporate finance. […]
(Rendering of SilverCreek on Main – Ryan Companies US, Inc. and SilverCrest Properties, LLC ) Construction: Planned Riverwood Retirement Management to Expand John Knox Village of Central Florida CCRC Orange City, Fla.-based Riverwood Retirement Management, Inc. will break ground in the next few weeks on an expansion project at John Knox Village of Central Florida, a […]
(Legacy at Crystal Falls – Photo courtesy of Cadence McShane Construction Company) Construction: Planned Thrive Senior Living Plans Summer Groundbreaking for Ala. Community Atlanta-based Thrive Senior Living announced this week that it will break ground this summer on a new assisted living community in southeast Huntsville, Ala. The 93-unit Thrive at Jones Farm will feature luxuriously […]
Construction: Planned Avanti Senior Living Plans Two New Luxury Communities for La. Avanti Senior Living, a development, operations and management company, is planning to expand into Louisiana’s Baton Rouge and Lafayette markets later this year with two new luxury assisted living communities. In Baton Rouge, the Woodlands, Texas-based company plans to break ground on a […]
Construction: Planned Big Rock Partners, Millennium Real Estate Group Plan $25 Million Community Big Rock Partners, a national real estate investment management and development firm based in Beverly Hills, Calif., and its joint venture partner Millennium Real Estate Group, of Port Royal, S.C., this week announced plans to begin construction next year on a $25 […]
Construction: Planned Developers Propose 122-Unit Senior Housing Development in Mass. A group of housing developers and investors say their proposed 122-unit senior housing project in Wareham, Mass. would be a perfect fit within the the community, reports local WarehamVillageSoup.com. Representatives of real estate asset acquisition company Allied Ventures, housing developer Calamar, and G.A.F Engineering of […]
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