Greystone Assists Oakmont Senior Living Obtain $23.5M for New Calif. Facility Greystone, a real estate lending, investment and advisory company, assisted Oakmont Senior Living in obtaining $23,500,000 as an additional tranche to its $150 million Freddie Mac revolving credit facility provided in December 2013. The new tranche ultimately provided funding for Oakmont of Carmichael, a […]
Greystone
Residents at Three Pillars Senior Living Communities dropped a coin in the jukebox and brought a smile to our faces here at Senior Housing News last week. SHN readers were interested in how REITs are adapting and Greystone’s new partnership in China. As we got ready for the weekend, The Street caught our attention with the latest […]
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 […]
3 Senior Living Communities Acquired for $15.7 Million Pennsylvania-based Lake Erie College of Osteopathic Medicine (LECOM) has acquired three senior living communities for $15.7 million. As part of its commitment to wellness for this age group, LECOM has purchased Parkside Senior Living Communities with its three independent living and personal care facilities, located in Erie, North […]
Greystone Real Estate Advisors Close Sale on 180-Unit Property in Texas Greystone, a real estate lending, investment and advisory company, recently announced its Real Estate Advisors group has closed the sale of Aspens at Twin Creeks in Allen, Texas. Kayne Anderson Real Estate Advisors of Boca Raton, Fla., acquired the stabilized property from Cadence Capital […]
From a resurgence of the independent living product to expansion opportunities and a positive economic outlook, not-for-profit continuing care retirement communities (CCRCs) face an optimistic future. In fact, optimism has increased significantly from years past, according to the latest annual benchmark survey produced by specialty investment bank Ziegler and Irving, Texas-based Greystone Communities. The survey’s findings […]
A constantly evolving senior housing market presents a wealth of opportunity for operators to drive revenue growth and move the needle when it comes to occupancy. But it all has to start with a finely tuned sales and marketing strategy, according to a panel of industry experts during the Senior Housing News Summit in Dallas […]
Senior Housing News is proud to announce that we’re taking our annual Summit on the road this year with our first-ever Dallas-based event focused exclusively on senior living operators. Get Your Ticket Now — Space is Limited Please join us March 12 at the Tower Club in Dallas, Texas for a morning of networking and […]
Memory care construction has surged in recent years, bringing to the market both new products as well as repositioned communities that are expanding to meet the growing need for memory support services. However, despite the innovative approaches that have arisen, industry veterans say most modern memory care design principles are largely missing the mark. In […]
Kindred Healthcare Names EVP, COO Kindred Healthcare, Inc. (NYSE: KND) has announced that it has named Kent H. Wallace executive vice president and chief operating officer, effective Feb. 2, 2015. Wallace will be a member of the company’s Executive Committee. Previously, Kindred announced that Benjamin A. Breier, currently president and COO, will become CEO on March […]
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