Transactions & Financings: Senior Living Communities’ $35M CCRC Acquisition; Sunrise Acquires New Jersey Site

Senior Living Communities acquires South Carolina CCRC Senior Living Communities acquired Wildewood Downs, a 248-unit continuing care retirement community in Columbia, South Carolina, for $35 million. The community will be operated by a SLC affiliate. The acquisition was financed by a $32.7 million loan from National Health Investors (NYSE: NHI), and includes capital expenses for renovations. The loan will have a […]

Senior Housing Investments & Transactions: HCN, Care Investment Trust

Texas Senior Living Communities Acquired for $79 Million Evergreen Senior Living Properties, LLC and management affiliate ESLP Management, LLC, recently announced the acquisition of four senior living communities in Texas from Sears Methodist Retirement System in a $79 million transaction. The purchase includes The Craig in Amarillo, Meadow Lake in Tyler, The Parks in Odessa, […]

In the Pipeline: Senior Housing Construction Projects (12/12/12)

Construction: Planned Flintridge Partners to Begin Construction on Calif. Community Flintridge Partners is planning to break ground on a new senior living community in Laguna Niguel, Calif., in early 2013. Crestavilla will be a resort-style community offering independent living, assisted living, and memory care services. The development, located on 11.5 acres, will also feature restaurants, […]