Réseau Sélection Acquires Three Residences, Eyes New Markets Réseau Sélection, the largest private sector owner, operator, buyer and developer of retirement communities in Quebec, announced that it has acquired three prestige properties in the Greater Montreal area: the residences previously managed by Symphony in the West Island and in Nun’s Island, and the residence Vista […]
Category: Round-Up
RED Capital Group Closes $11.1 Million Refinance for MBK Senior Living RED Mortgage Capital, the proprietary mortgage banking arm of RED Capital Group, LLC, has closed an $11.1 million refinance loan for Chancellor Gardens of Clearfield, an MBK Senior Living-owned and operated community located in Clearfield, Utah. “MBK was seeking a customized product for this […]
Health Care REIT Purchases Fort Collins, Colorado Senior Living Facility for $56.7 Million Health Care REIT (NYSE: HCN) on Aug. 31 purchased a senior living community in southeast Fort Collins, Colorado for $56.7 million. MacKenzie Place is a senior living community that offers independent living, assisted living and memory care that opened in 2008. It […]
We all have many decisions to make every day: what to eat, what to wear, what route to take to work, how to care for our children and provide for our families, among a plethora of other choices. These personal choices not only dictate our daily lives but represent part of the decisions to meet […]
Capital One Bank Closes $5.7M FHA Loan to Refinance Ill. SNF Capital One Multifamily Finance provided a $5.7 million fixed-rate, HUD 232/223(f) loan to refinance a 144-bed skilled nursing facility in northern Illinois. The property was built in 1972, with additions in 1988 and 1993. The key principals are owners and operators […]
In case you missed them, here are the top headlines grabbing Senior Housing News readers’ attention this week. Please note: SHN will be observing the Martin Luther King Jr. holiday on Monday, January 19. We will resume our daily news schedule on Tuesday, January 20. Wishing our readers a happy long weekend. Q&A: Emeritus Co-Founder […]
Construction: Planned Integral Senior Living to Begin San Diego Assisted Living Development Integral Senior Living has announced a community it is managing near Rancho Santa Fe, California, outside of San Diego, will soon break ground. Santaluz Senior Living is will be a new assisted living and memory care community anticipated to break ground in mid-2015. […]
In case you missed them… here are the top headlines grabbing SHN readers’ attention this week: Finding the Next Hot Spot for Senior Living Development—The last 18 months netted several senior living hot spots across the country. Where will the next ones be? SHN looked into recent analysis on senior migration patterns that may clue […]
The Senior Housing News team would like to wish our readers a happy new year! We will be suspending our daily emails for the remainder of the week in observance of New Year’s Day, but will resume our normal schedule on Monday, Jan. 5. To help kick off the new year, we’ve launched a redesigned website that’s […]
Wishing our readers a very happy holiday. The SHN team will be suspending our daily emails in observance of the holiday this week. We will resume our normal schedule on Monday, December 29. Until then, here’s a recap of the most read stories this week. Investors See These 3 Trends Ahead in Senior Housing—From strong […]