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Post-Acute & Senior Living

Post-Acute & Senior Living: Unnamed investor pays $15 million for 211-bed skilled nursing facility in Tucson, Ariz.

Post-Acute & Senior Living: Unnamed investor pays $15 million for 211-bed skilled nursing facility in Tucson, Ariz.

Tucson, AZ – Avalon Southwest Health & Rehabilitation, a 211-bed skilled nursing facility (SNF) in Tucson, recently traded for $15 million, or $71,000 per bed. The buyer was an unnamed Chicago

Post-Acute & Senior Living: A new ‘boutique’ senior living facility opens in Dallas; Adolfson & Peterson was contractor

Post-Acute & Senior Living: A new ‘boutique’ senior living facility opens in Dallas; Adolfson & Peterson was contractor

Dallas – A new “boutique” senior living facility recently opened along the North Central Expressway in Dallas. The three-story, 77,132 square foot Adora Midtown Park facility includes 80 skilled nursing units and 29 assisted living suites. The project team

Post-Acute & Senior Living: Capital Square 101 buys a newly built memory care facility in suburb near Houston

Post-Acute & Senior Living: Capital Square 101 buys a newly built memory care facility in suburb near Houston

Spring, Texas – Glen Allen, Va.-based Capital Square 1031 recently announced its purchase of a newly constructed, 10,000 square foot memory care facility in the Houston suburb of Spring. Las Vegas based Bear Real Estate Advisors represented Capital Square 1031

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 […]

News Release: MARCUS & MILLICHAP ARRANGES THE SALE OF 12.54 ACRES OF LAND

News Release: MARCUS & MILLICHAP ARRANGES THE SALE OF 12.54 ACRES OF LAND

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Summerplace at

News Release: Verandah, The Midwest’s First Multicultural Retirement Community, Opens Oct. 28 in Schaumburg Township, Ill.

News Release: Verandah, The Midwest’s First Multicultural Retirement Community, Opens Oct. 28 in Schaumburg Township, Ill.

Townhome model tour, food and live music scheduled for grand opening event Aman Living, a Frankfort, Ill.-based developer that combines real estate and medical expertise to create unique active adult communities, invites prospective homebuyers to the Oct. 28 grand opening of its newest Chicago-area development, Verandah Retirement Community in Schaumburg Township’s Village of Hanover Park, […]

News Release: Assisted Living Deal - Hunt Real Estate Capital

News Release: Assisted Living Deal – Hunt Real Estate Capital

Hunt Real Estate Capital Finances the Acquisition of an Assisted Living Facility Located in Dawsonville, Georgia Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today it provided a bridge loan in the amount of $6.2 million to finance the acquisition and expansion of an assisted living community located […]