Senior Housing Finance Activity: Grandbridge, Ziegler

AdCare Health Systems Leases 10 Ark. Skilled Nursing Facilitates  Long-term care provider AdCare Health Systems, Inc. (NYSE MKT: ADK), (NYSE MKT: ADK.PRA), as part of its ongoing strategic plan to transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company, signed an agreement with Aria Health Group, LLC […]

Movers & Shakers — People and Positions for December, Part I

Primrose Retirement Community Names Executive Director Primrose Retirement Community of Mishawaka, Ind., has announced that Wendy White has been named executive director.   White, who began her duties on Nov. 17, will oversee the day-to-day operations of the community.  She has worked in the geriatric health field for more than 30 years, serving as a […]

Senior Housing Finance Activity: Prudential, Berkeley Point, Johnson Capital

Contemporary Healthcare Capital Provides Acquisition Financing Contemporary Healthcare Capital, LLC has provided a $6,850,000 senior mortgage loan, a $1,250,000 mezzanine loan, and a $800,000 preferred equity loan to finance the acquisition of a 120 bed licensed assisted living and memory care facility located in Sumter, S.C. The funds will also be used for the renovation of the […]

Senior Housing Finance Activity: Berkeley Point Capital, Love Funding, Cambridge

Washington Trust Finances $5 Million ALF Washington Trust’s Commercial Real Estate Group provided $5,000,000 in construction financing to Scandinavian Home, Inc. for a 2,000 square feet addition to an assisted living facility in Cranston, RI as well as renovations to existing facilities. Founded in 1930, Scandinavian Home is a non-profit community located in the Edgewood […]