Greystone Closes $210 Million Sale of 8-Property Senior Housing Portfolio Greystone Real Estate Advisors, a real estate lending, investment and advisory company, closed the sale of an eight-property senior housing portfolio for $210 million. Seven of the properties are in Texas, with another located in Oklahoma. Greystone represented the sellers in the transaction, Harrison Street […]
Harrison Street Real Estate Capital
(Tribute at Heritage Village — A senior living community in the Washington, D.C. metro area developed and operated by Atlanta-based Thrive Senior Living) Construction: Planned Civitas Senior Living Plans Summer Construction for Texas Community Officials with Fort Worth, Texas-based Civitas Senior Living and Summerlin Asset Management announced last week that construction will begin this summer […]
(The Arlington of Naples Retirement Community in Naples, Fla. – Photo courtesy of Lutheran Life Communities) Construction: Planned Primrose Retirement Communities Plans Ark. Assisted Living, Memory Care Project Aberdeen, S.D.-based Primrose Retirement Communities, LLC, this week announced plans to begin construction on a 98-unit assisted living and memory care community in Rogers, Ark. Primrose is inviting […]
(The Lodge of Northbrook in Northbrook, Ill. — Photo courtesy of The McShane Companies) Construction: Planned Parkland Memory Care Plans New Facility in Ariz. Last week, developers received city council approval to rezone a 4.5 acre site in Chandler, Ariz. that will be home to the Parkland Memory Care community. The property, which is being […]
Capital Funding Group Closes 3 Bridge-to-HUD Loans Capital Funding Group, a health care commercial lender based in Baltimore, Maryland, has closed on three bridge-to-HUD loans: a $7.9 million loan for the acquisition of two skilled nursing facilities in Texas; a $13.8 million loan for the acquisition of two SNFs in New York; and an $18.9 […]
Construction: Planned Summerlin Asset Management Plans 2016 Groundbreaking for 135-Unit IL Project Summerlin Asset Management, a real estate investment company with offices in Lake Havasu City, Ariz. and Irvine, Calif., plans to break ground on a 135-unit independent living community in Houston during the first quarter of 2016. Architectural plans include 160,000 square feet of […]
Senior Quality Lifestyles Corporation Surpasses $1 Billion in Financing Since 1999 Dallas-based senior living community developer Senior Quality Lifestyles Corporation has surpassed $1 billion in financing since it was founded in 1999. In 2015 alone, SQLC has secured more than $254 million in new funds for expansion, upgrades and refinancings of several of its continuing […]
Greystone Real Estate Advisors Closes Sale of Seniors Housing Community in Texas Greystone, a real estate lending, investment and advisory company based in New York City, announced its Real Estate Advisors group closed the sale of Spring Creek Village, a newly-constructed 108-unit memory care and assisted living community in Spring, Texas. Financial details were not disclosed. […]
Construction: Planned Chamberlain Senior Care Buys Land for $15 Million Senior Housing Campus Cincinnati-based Chamberlain Senior Care, LLC, recently announced that it has acquired a 14.8-acre property in eastern Jefferson County in Louisville, Ky.—a site that will be home to what the company promises to be a “cruise ship on land.” The Jefferson County Board […]
(Ventana by Buckner – Photo courtesy of Buckner Retirement Services) Construction: Planned Buckner Senior Living Reveals Renderings of Dallas High-Rise CCRC Texas-based Buckner Senior Living, a not-for-profit organization that is part of Buckner International, recently revealed new renderings of its latest project: a high-rise continuing care retirement community (CCRC) called Ventana by Buckner. Scheduled to […]
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