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 […]

In the Pipeline: Senior Housing Construction Projects (5/15/14)

Construction: Planned Spectrum Affiliate Plans $16.6 Million Assisted Living Community in St. Louis S-K Dougherty Ferry LLC, an affiliate of Denver-based Spectrum Retirement Communities, is planning to build a $16.6 million senior living community in St. Louis County, reports St. Louis Business Journal. The four-story community will include 100 beds, 24 of which will be […]

Senior Housing Investments & Acquisitions (8/13/13)

American Realty Capital Buys 2 ALFs for $27.6 Million American Realty Capital Healthcare Trust recently acquired two assisted living communities from  Principal Senior Living Group for $27,550,000. The two-property assisted living and memory care portfolio consists of 147 beds in 123 units. Benton House, located in Covington, Ga., has 59 units with 72 beds and […]

In the Pipeline: Senior Housing Construction Projects (3/20/13)

Construction: Planned Senior Housing Group Plans Construction on Minn. Multi-Care Community Saint Therese, a Catholic-based senior care organization, plans to break ground on a new campus in Woodbury, Minn. this fall, the local Patch reports. The community, Bielenberg Gardens, will be located at the southwest corner of Radio Drive and Bailey Road in Woodbury, and […]

NHI Acquires Two ALFs for $9 Million in Sale/Leaseback Transaction

National Health Investors, Inc. (NYSE:NHI) recently acquired two assisted living communities for $9 million from Milestone Retirement Communities, LLC in a sale/leaseback transaction. The two properties have a total of 101 units and are located in Ontario, Ore. and Weiser, Ida.  Milestone will lease and continue to operate the communities. The lease has an initial […]