Transactions & Financings: JLL’s $2B HFF Acquisition Approved; Presbyterian-Westminster Merger Called Off

JLL completes $2B HFF acquisition Stockholders at Dallas-based capital services provider HFF (NYSE: HFF) last week approved a proposal by commercial real estate services firm JLL (NYSE: JLL) to buy HFF in a cash-and-stock transaction valued at $2 billion. News of the deal was first announced in March. Both firms are active in the senior […]

Movers & Shakers: Brookdale Hires Interim CFO, Ventas’ New MOB Leader

Brookdale Senior Living Hires Interim CFO Brookdale Senior Living’s board of directors has appointed Teresa Sparks as the company’s interim CFO, effective March 28. Sparks is taking over for Lucinda Baier, who left the CFO role to become Brookdale’s new president and CEO last month. The company will continue to search for a permanent CFO during Sparks’s […]

Movers & Shakers: Charter Senior Living, Watercrest Senior Living

Charter Senior Living Names New Executive Director in Georgia Charter Senior Living, LLC, a Naperville, Illinois-based senior living operator, has named Veronica Martinez as the new executive director of Cedar Hill Senior Living. Located in Cedartown, Georgia, the community offers assisted living and memory care. Martinez has been with Cedar Hill since 2008, previously serving […]

Senior Housing Finance Activity: Greystone, HFF

CBRE Secures Millions in Loans for The Waters Senior Living CBRE National Senior Housing Vice Chairman Aron Will recently arranged acquisition financing on behalf of a joint venture between Minnetonka, Minnesota-based senior living developer/owner/operator The Waters Senior Living and an institutional client for The Waters of Edina, a 139-unit, Class A assisted living and memory care […]

Senior Housing Investments & Transactions: Greystone, Cushman & Wakefield

Greystone Real Estate Advisors Closes $44.8 Million Indiana Portfolio Greystone Real Estate Advisors, the seniors housing and multifamily real estate services group of financial and private investment group Greystone, has closed the $44.75 million sale of a two-property seniors housing portfolio in Indiana. The properties were sold to an undisclosed private equity investment fund on […]

In the Pipeline: Senior Housing Construction Projects (10/16/14)

Construction: Planned Avanti Senior Living Plans Louisiana Market Expansion  Texas-based assisted living and memory care provider Avanti Senior Living is planning to expand into the Louisiana market, beginning with Baton Rouge and Covington.  The cities will soon be home to Avanti’s next projects, 77,000-square-foot communities that will accommodate 50 assisted living and 40 memory care […]

In the Pipeline: Senior Housing Construction Projects (8/28/14)

Construction: Planned Council Approves Assisted Living Plans for National HealthCare Corporation South Carolina’s Bluffton Planning Commission this week signed off on plans by National HealthCare Coropration to add a 56-bedroom assisted living community and a 20-unit memory care section on 4.5 acres along S.C. 170, reports The Beaufort Gazette. Final approval of the $12.8 million […]

In the Pipeline: Senior Housing Construction Projects (12/5/13)

Construction: Planned Isakson Living Resubmits Rezoning Proposal for $200M Project Isakson Living resubmitted a rezoning request for a senior living community in Cobb County, Georgia, after withdrawing its initial request earlier this year due to mounting opposition to the proposed development, reports The Marietta Daily Journal. Original project plans would have included building the $200 […]

In the Pipeline: Senior Housing Construction Projects (8/7/13)

Construction: Planned Gensler to Design New CCRC in Los Angeles Architectural firm Gensler has been chosen to design a new Fountainview community in the Los Angeles area.  Fountainview at Gonda Westside will be a continuing care retirement community (CCRC) providing residents access to the renowned health care services of the Los Angeles Jewish Home.  As […]