Post-Acute & Senior Living

Caddis officials say that the 18-story, 213-unit Heartis Buckhead luxury senior living community is their most ambitious senior living and healthcare real estate project to date.

News Release: Your parents will want to live here: Luxury senior high-rise planned for Buckhead area

Caddis® says its new 213-unit Heartis® community in Atlanta’s prestigious Buckhead district will be one of the nation’s most sumptuous, amenity-filled senior communities ATLANTA and DALLAS, Jan. 23, 2019 – Caddis® is developing one of the most luxurious, amenity-filled senior communities in the country in a high-visibility location in the prestigious, popular Atlanta Buckhead area, […]

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News Release: Persistence pays off with award-winning Milwaukee-area senior living community

Dallas-based Caddis® is recognized for transforming a neglected brownfield site in Glendale, Wis., into an amenity-filled senior community in a park-like setting GLENDALE, Wis., and DALLAS, Jan. 21, 2019 – Since the late 1990s, several unsuccessful proposals had come and gone to redevelop a former brownfield site on the west side of the Milwaukee River, […]

News Release: The Sanders Trust acquires $17 million specialty hospital, entering 26th state

News Release: The Sanders Trust acquires $17 million specialty hospital, entering 26th state

The Alabama-based Healthcare Real Estate Firm Acquires an Eating Recovery Center facility in Denver, Colorado Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced the acquisition of an Eating Recovery Center facility in Denver, Colorado which marks the 26th state for the company. The $17 million property is well-located, […]

News Release: Caddis® names 25 year veteran Tami Cumings Vice President, Senior Living

News Release: Caddis® names 25 year veteran Tami Cumings Vice President, Senior Living

Experienced executive will oversee the operations and growth of the award-winning, nationwide Heartis® senior living brand DALLAS, Jan. 3, 2019 – Tami Cumings, who has more than 25 years of experience in the independent living, assisted living and memory care industry, has joined Caddis® as Vice President, Senior Living to oversee the operations and growth […]

News Release: PMB completes rehab hospital conversion

News Release: PMB completes rehab hospital conversion

The firm’s $18.9 million transformation of a former LTAC has created a new 44-bed inpatient rehab facility for Community Health Network and Kindred Healthcare in suburban Indianapolis Indianapolis and San Diego, Dec. 18, 2018 – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion […]

News Release: PMB Completes Extensive $18.9 M Hospital Conversion

News Release: PMB Completes Extensive $18.9 M Hospital Conversion

PMB Completes Conversion of Community Rehabilitation Hospital South in Greenwood IN San Diego, CA (November 27, 2018) – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion of an extensive $18.9 million conversion of Community Rehabilitation Hospital South. Community Health Network and Kindred Healthcare […]

News Release: Griffin-American Healthcare REIT IV Reports Third Quarter 2018 Results

News Release: Griffin-American Healthcare REIT IV Reports Third Quarter 2018 Results

Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company’s third quarter ended Sept. 30, 2018. “Griffin-American Healthcare REIT IV continues to enjoy strong financial and portfolio performance as demonstrated in our third quarter 2018 results,” said Jeff Hanson, chairman and chief executive officer. “We continue to identify and acquire accretive properties for […]

News Release: NexCore Group and Civitas Senior Living Break Ground on New Senior Living Community in Cape Coral, Florida

News Release: NexCore Group and Civitas Senior Living Break Ground on New Senior Living Community in Cape Coral, Florida

The Waters of Cape Coral scheduled for December 2019 grand opening NexCore Group in collaboration with Fort Worth-based senior living management company, Civitas Senior Living, have commenced construction on their newest senior housing project, The Waters of Cape Coral located in Cape Coral, Florida. The Waters of Cape Coral will offer 72 assisted living and 28 memory care apartments […]

News Release: Deal - Capital One Provides $118.3 Million Fannie Mae Loan for Seniors Housing Portfolio

News Release: Deal – Capital One Provides $118.3 Million Fannie Mae Loan for Seniors Housing Portfolio

Capital One announced today that it has provided a $118.3 million Fannie Mae adjustable-rate loan to an investment vehicle managed by a Seattle-based alternative investment firm, Columbia Pacific Advisors. The proceeds were used to acquire fee interest in a previously leased four-property portfolio of independent living communities in California, Massachusetts, and North Carolina. “Capital One’s ability […]

News Release: Caddis to develop first Heartis senior living community in Florida

News Release: Caddis to develop first Heartis senior living community in Florida

The 182-unit, 191,000 square foot Heartis Venice in the seaside community of Venice is a continuation of the firm’s expansion across the United States In a continuation of its expansion across the country to provide new senior living options, Caddis® has begun developing its first Heartis® senior living community in Florida. Heartis® Venice will feature […]

News Release: Welltower & Hines Acquire Upper West Side Site To Develop Second Manhattan Seniors Housing And Memory Care Community

News Release: Welltower & Hines Acquire Upper West Side Site To Develop Second Manhattan Seniors Housing And Memory Care Community

New York and Toledo, Ohio, Nov. 9, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL), the global leader in health care infrastructure, and the New York office of Hines, the international real estate firm, announced today that they have closed on the acquisition of a development site at 2330 Broadway at 85th Street on the Upper […]

Post-Acute & Senior Living: Non-traded REIT pays $92 million for 286-unit senior housing community in Portland, Ore

Post-Acute & Senior Living: Non-traded REIT pays $92 million for 286-unit senior housing community in Portland, Ore

Portland, Ore. – Ladera Ranch, Calif.-based Strategic Student & Senior Housing Trust Inc. (SSSHT), a public, non-traded real estate investment trust (REIT), recently purchased the Courtyard at Mt.

Post-Acute & Senior Living:HFF arranges financing for under-construction, 86-unit senior housing community in Denver

Post-Acute & Senior Living:HFF arranges financing for under-construction, 86-unit senior housing community in Denver

Denver – Holliday Fenoglio Fowler L.P. (HFF), part of Pittsburgh-based HFF Inc. (NYSE: HF), recently facilitated financing for the development of Solera at Cherry Creek, an under-construction

Post-Acute & Senior Living: Ventas Inc. to pay $194 million for independent senior living facility in heart of Manhattan

Post-Acute & Senior Living: Ventas Inc. to pay $194 million for independent senior living facility in heart of Manhattan

New York – Brentwood, Tenn.-based Brookdale Senior Living Inc. (NYSE: BKD) has agreed to sell a senior living community it owns in Manhattan to Chicago-based Ventas Inc. (NYSE: VTR) for $194

Post-Acute & Senior Living: San Fran area project is a big one

Post-Acute & Senior Living: San Fran area project is a big one

PMB, Generations LLC planning large senior housing, medical complex By John B. Mugford As the population of local seniors increases in coming years in the suburbs south of San Francisco, the area will be in dire need of more housing and healthcare services for this aging cohort. The Peninsula Health Care District, which is based […]