CBRE Group Names Brian McAuliffe President of Institutional Markets in the U.S. Brian McAuliffe has been promoted to president of institutional properties for CRBE Capital Markets in the U.S., the company announced. McAuliffe has served in high impact roles in CBRE’s Capital Markets team for more than 25 years. He is responsible for CBRE’s institutional […]
NAI Capital
NHI’s Justin Hutchens Makes List of ‘Most Powerful CEOs’ For the fourth consecutive year, National Health Investors’ (NYSE: NHI) CEO and President Justin Hutchens has made Forbes’ lists of America’s Most Powerful CEOs 40 and Under, ranking 14th, 8th, 18th and 13th, respectively. The 20 CEOs listed hail from publicly traded companies that have CEOs […]
Manor Village Life Centers Sells Senior Housing Property for $31 Million An affiliate of Rauls Convalescent Home Inc., based in Macon, Ga., recently purchased Manor Village at Preston, a senior housing apartment complex, for $31 million, reports the Triangle Business Journal. The new owner is changing the name of the 166-unit community to Preston Pointe. […]
MBK Senior Living Sells Two Properties to Brookdale for $56.1 MIllion Brookdale Senior Living recently purchased two Spokane, Washington properties from MBK Senior Living for $56.1 million. The properties, built between 1999 and 2003, include a combination of assisted living and memory care units, with an additional 20 independent units in one of the […]
Sunrise Senior Living (NYSE:SRZ) recently announced that a Maryland senior condominium complex it manages is facing foreclosure due to much lower-than-expected residency, just a few months after Chicago’s The Clare filed for bankruptcy in November after being unable to keep up with bond payments thanks to the tough financial market. Are these high-profile struggles indicative […]