Senior Housing Finance Activity: CNL Healthcare Properties II Breaks Escrow

CNL Healthcare Properties II Breaks Escrow Orlando, Florida-based CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and health care properties, has raised proceeds sufficient to break escrow in all states except Pennsylvania, Ohio, and Washington through its continuous public offering. CNL Healthcare Properties II has accepted subscription […]

On the Record: Mark Spiegel, Co-Founder & President of Formation Development Group

In 2009, Alpharetta, Ga.-based Formation Development Group and Radnor, Pa.-based Shelbourne Healthcare Development Group and their respective capital arms formed a joint venture, called Formation-Shelbourne Senior Living Services. The partnership brought together a team of members with extensive background in the senior living industry, allowing former Sunrise Senior Living principals and EdenCare Senior Living executives […]

On the Record: Mark Spiegel, Co-Founder & President of Formation Development Group

In 2009, Alpharetta, Ga.-based Formation Development Group and Radnor, Pa.-based Shelbourne Healthcare Development Group and their respective capital arms formed a joint venture, called Formation-Shelbourne Senior Living Services. The partnership brought together a team of members with extensive background in the senior living industry, allowing former Sunrise Senior Living principals and EdenCare Senior Living executives […]