Movers and Shakers: Autumn Leaves Names New COO; Caddis Hires VP of Senior Living

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Caddis’ First Florida Community Sets the Stage for Further Expansion

A relative newcomer to the senior housing industry is making a big push to expand its holdings beyond its home state of Texas. The company aims to build out its presence within some new markets, competing with luxury products but at a lower price point. Dallas-based health care real estate development, management and investment firm Caddis recently announced it […]

Senior Housing Finance Activity: Harborview Capital Partners, Caddis

Love Funding Secures $6.66 Million Loan to Refinance Detroit Affordable Senior Housing Love Funding, a Chicago-based provider of Federal Housing Authority (FHA) multi-family, affordable and health care financing, has provided a $6.66 million loan for the refinancing and repair of Greenhouse Apartments, an affordable senior living community in Detroit. The financing was facilitated by Love […]

Senior Housing Investments & Transactions: Sabra Health Care REIT’s $430 Million Deal

Sabra Health Care REIT Announces $430 Million Deal Sabra Health Care REIT (Nasdaq: SBRA) recently revealed a plan to buy 24 skilled nursing and transitional care units on the West Coast for $430 million. Read more at Skilled Nursing News. Sagora Senior Living Purchases Community in Kingwood, Texas Fort Worth, Texas-based Sagora Senior Living recently purchased the […]

In the Pipeline: Senior Housing Construction Projects (9/21/17)

Construction: Planned Erickson Living Opening CCRC in Northern Virginia Baltimore’s Erickson Living is expanding in Fairfax, Virginia. The provider purchased a 78-acre site near George Mason University with plans to open a new continuing care retirement community (CCRC), reports the Baltimore Sun. Benchmark Senior Living Coming to Marlborough, Massachusetts Benchmark Senior Living is opening a new assisted living community […]

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

Construction: Planned Caddis Plans Senior Housing Community Near Atlanta Health care real estate firm Caddis is moving forward with its plan to build an independent, assisted living and memory care community in Suwanee, Georgia. The community, Heartis Suwanee, would include 175 units and amenities such as walking paths, game and activity rooms, and a beauty and barber shop. Caddis expects […]

Senior Housing Finance Activity: CBRE, Cushman & Wakefield

Thorofare Capital Provides $19 Million Loan for Senior Living Community in Phoenix Los Angeles-based investment manager Thorofare Capital recently provided a $19 million, fixed-rate bridge loan to refinance debt on MorningStar at Arcadia, a 135-bed senior living community in Phoenix. MorningStar Senior Living operates the four-story, 139,643-square-foot community, which has 80 assisted living units and 30 memory […]

In the Pipeline: Senior Housing Construction Projects (9/22/16)

(Rendering of OPAL by element, located in Vancouver, British Columbia — Photo courtesy of Element Lifestyle Retirement Inc.) Construction: Planned Permits Finalized on $97.4M Senior Community in Canada Located in Vancouver, British Columbia, Element Lifestyle Retirement Inc. has announced its final approval for a $97.4 million project, OPAL by element. The community will be Element’s […]

In the Pipeline: Senior Housing Construction Projects (8/4/16)

(Photo of Hilliard Assisted Living and Memory Care, located in Columbus, Ohio — Photo courtesy of Spectrum Retirement Communities) Construction: Planned Koelsch Community Will Break Ground This Month in Calif. A new memory care community will break ground later this month in Modesto, Calif. El Rio Memory Care Community is owned by Koelsch Communities and […]