Transactions and Financings: SunTrust’s $67 Million Loan; Watermark Expands Management Portfolio

SunTrust provides $67 million construction loan for South Carolina community expansion Rolling Green Village, a non-profit continuing care retirement community (CCRC) in Greenville, South Carolina, secured a $67 million loan for an expansion project that broke ground last August. The loan was provided by SunTrust Banks. When completed in fall 2020, the expansion will include […]

In the Pipeline: Senior Housing Construction Projects (7/17/13)

Construction: Planned Developer Plans $79 Million New Mexico CCRC Colorado-based developer GlobalWorks plans to build a $79 million continuing care retirement community (CCRC) in Bloomfield, New Mexico, reports The Daily Times of Farmington, NM.  The 18-acre project called WaterFall Living Community would feature 253 residences that include a mix of independent living, assisted living and hospice […]