One of the fastest growing real estate companies in the U.S. is entering the competitive active adult senior living sector, and has brought in a veteran senior housing investment specialist to develop and execute its strategy. Last month, Irvine, California-based Passco Cos. hired Carey P. Levy as president of its development business, where he will […]
Granite Investment Group
Wingate Healthcare Recruits New COO Wingate Healthcare, a provider of senior living and health care services in Massachusetts, Rhode Island and New York, has named Jill Bosa as its new COO, according to a press release. Prior to joining Wingate, Bosa served as COO for Kindred Healthcare’s nursing center division, where she provided operational oversight […]
Summit Acquires Assisted Living and Memory Care Community for $13 Million Summit Healthcare REIT, Inc. announced that it acquired a 90-bed assisted living and memory care facility in Chandler, Arizona, for $13.4 million. The community will be leased to Compass Senior Living, a Eugene, Oregon-based operator who leases six other facilities owned by Summit. The […]
Greystone Real Estate Advisors Closes Sale of St. Louis Community Greystone, a real estate lending, investment and advisory company, recently announced its Real Estate Advisors group closed the sale of Brentmoor Retirement Community in St. Louis, Missouri. The property was acquired by Titan SenQuest Management, Inc. a wholly owned subsidiary of Titan Real Estate Investment […]
Private equity firm JLM Financial Investments, based in Austin, Tex., acquired a 10-property portfolio of senior care facilities last month for an undisclosed sum. The portfolio consists of 1,553 beds in both skilled nursing and intermediate care facilities, all of which are located in Illinois. JLM acquired the portfolio from Irvine, Calif.-based Granite Investment Group. […]
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