Transactions & Financings: HJ Sims’ $111M Deal Volume; Chicago Pacific Founders’ Florida Acquisition

Sales and operator transitions Elevation Financial Group acquires Massachusetts assisted living community for $4M Elevation Financial Group acquired Wingate Residences at Brewster Place, an assisted living facility in Brewster, Massachusetts. The purchase price was $4 million and facilitated through Elevation Real Property Fund VII. The community ceased operations in 2019. Elevation plans to reposition the […]

In the Pipeline: Senior Housing Construction Projects (2/13/13)

Construction: Planned Hiram College Trying to Build University-Based Retirement Community Hiram College, a private academic institution in Northeast Ohio, is trying to build a retirement community on 90 acres just north of campus but is facing some opposition, reports Ohio.com. Plans would include 200 to 225 rental units for those aged 55 and older. Residents […]