In the Pipeline: Senior Housing Construction Projects (1/8/15)

Construction: Planned CareTrust REIT Completes $7.5 Million Investment to Build Upscale Colorado Community CareTrust REIT, Inc. (NASDAQ: CTRE) announced today that is has completed a $7.5 million preferred equity investment with Signature Senior Living and Vancouver, Washington-based Milestone Retirement Communities. The investment will be used to develop Signature Senior Living at Arvada, a planned 134-unit […]

Senior Housing Investments & Acquisitions: Care Trust REIT, LTC

CareTrust REIT Acquires Minn. Memory Care Facility for $7.2 Million  CareTrust REIT, Inc. (Nasdaq:CTRE) acquired Prelude at Woodbury, an upscale memory care facility in Woodbury, Minn., a Minneapolis suburb, for $7.2 million. The transaction was a sale-leaseback with Prelude Homes & Services, LLC, which developed the 30-bed facility in 2011 and has operated it since […]

Senior Housing Investments & Acquisitions: Sabra, Aviv REIT, NHI

SQLC Announces Completion of Land Acquisition  Senior Quality Lifestyles Corporation (SQLC), a Dallas-based nonprofit developer of senior living communities, has announced the completion of the land purchase for expansion of The Buckingham, a 501(c)(3) nonprofit life care community located in the Memorial neighborhood of Houston. The land acquisition consists of six acres adjacent to the […]