News Release: HCP Announces Transactions to Further Reduce Brookdale Portfolio Concentration
Reached Agreement with Brookdale to Restructure Portfolio and Significantly Reduce Concentration HCP to Sell Remaining 40% Investment in RIDEA II to Columbia Pacific Advisors NEWS PROVIDED BY HCP, Inc. Nov 02, 2017, 07:00 ET IRVINE, Calif., Nov. 2, 2017 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today announced several transactions with Brookdale Senior Living Inc. (“Brookdale“) and Columbia Pacific Advisors, […]
News Release: ESI Arranges Sale of Wisconsin Community-Based Residential Facility
Milwaukee, Wisconsin – November 1, 2017 – Evans Senior Investments (ESI) successfully represented an independent seller in the sale of Clifden Court, a 92 unit Community-Based Residential Facility (CBRF) in Milwaukee County, Wisconsin. Built in 1998, Clifden Court added two additional buildings, one in 1999 and the other in 2010, to reach 92 units for […]
News Release: Welbrook Senior Living starts construction of their second Transitional Rehabilitation Facility in New Mexico
FOR IMMEDIATE RELEASE: EL SEGUNDO, CALIFORNIA, October 26, 2016– Welbrook Senior Living has started construction of their second New Mexico Transitional Rehabilitation facility. This new facility will be located in Farmington and complement their soon to be completed facility in Las Cruces. Welbrook has partnered with Embree Asset Group, a full service development company based in Georgetown, Texas […]
Post-Acute and Senior Living: Integral Senior Living celebrates grand opening of The Pointe at Lifespring Senior Living
KNOXVILLE, Tenn. – The Pointe at Lifespring, a new assisted living and memory care community, celebrated its grand opening in Knoxville in late August.
Post-Acute and Senior Living: Living Care Lifestyles starts senior facility with memory care wing in Visalia, Calif.
VISALIA, Calif. – Seattle-based Living Care Lifestyles and local partners broke ground in early September on the future Quail Park at Shannon Ranch, a senior living community in northwest Visalia.
Post-Acute and Senior Living: Berkadia’s healthcare team closes more than $1 billion in financings in one day
NEW YORK – Sept. 7 was a busy day for the Seniors Housing and Healthcare Group with New York-based Berkadia,as the group closed more than $1.03 billion in financings.
Post-Acute and Senior Living: Capital One provides financing for Kayne Anderson’s acquisition of Sentio healthcare REIT
BETHESDA, Md. – Capital One announced Sept. 13 that it provided a $251 million bridge loan and a $300 million Freddie Mac senior housing revolving credit facility to Kayne Anderson Real Estate Advisors (KAREA), enabling it to purchase Sentio Healthcare Properties, a nontraded real estate investment trust (REIT). KAREA is part of Kayne Anderson Capital […]
Post-Acute & Senior Living: Investors still favor senior housing
NIC/NREI survey finds that product type remains more popular than other properties By John B. Mugford Senior housing remains the most attractive commercial real estate property investment sector, outranking apartments, industrial, hotels, office and retail for the fourth year in a row.
News Release: New Silverado Brea Memory Care Community Project Announced
Unanimous Approval for New Silverado Brea Memory Care Community Construction to begin as early as Spring 2018 The Brea City Planning Commission unanimously approved plans for a two-story, 29,500 sq. ft. Silverado memory care community on the corner of Lambert Road and Peppertree Drive. The community will generate approximately 70 new jobs to support the care of […]
News Release: Caddis to develop first Heartis senior living community in Wisconsin
FOR IMMEDIATE RELEASE Media Contact: Stacey Berman, Caddis, 214-916-5750, sberman@caddis.com The 105-unit, 96,770 square foot Heartis Village North Shore in Glendale north of Milwaukee is part of the firm’s Midwest expansion to fill local unmet needs GLENDALE, Wis., and DALLAS, Oct. 11, 2017 – In a continuation of its expansion in the Midwest to provide […]
News Release: Vibra Healthcare Announces Development of New Medical Rehabilitation Hospital in Sacramento, CA
NEWS PROVIDED BY Vibra Healthcare, LLC Oct 09, 2017, 10:00 ET MECHANICSBURG, Pa. and SACRAMENTO, Calif., Oct. 9, 2017 /PRNewswire/ — Vibra Healthcare, LLC (“Vibra”) announced today that it has entered into an agreement to develop a medical rehabilitation hospital in Sacramento, CA. The new two-story facility will be located on a 6.23 acre lot at 10 Advantage Court, Sacramento, adjacent to Interstate 5 […]
News Release: Just Closed: 50-Bed Rehabilitation Hospital in Austin, Texas
Just closed: Central Texas Rehabilitation Hospital The JLL Healthcare Capital Markets Group is pleased to announce the sale of Central Texas Rehabilitation Hospital, a freestanding 50-bed inpatient rehabilitation hospital totaling 59,258 rentable square feet in Austin, Texas. The purpose-built hospital is strategically situated less than one mile northeast of the 447-bed Seton Medical Center Austin Hospital, […]
POST-ACUTE & SENIOR LIVING: Caddis acquires site, plans to develop 105-unit senior housing facility near Milwaukee
GLENDALE, Wis. – Dallas-based Caddis recently acquired a 12-acre acre parcel in Glendale, just north of Milwaukee, for the development of a 105-unit senior living complex, according to an article in Milwaukee Biz Times.
POST-ACUTE & SENIOR LIVING: Construction is complete on $120 million CCRC in Playa Vista area of Los Angeles
LOS ANGELES – Pasadena, Calif.-based C.W. Driver Cos. recently completed construction on the $120 million Fountainview at Gonda Westside, a 460,000 square foot continuing care retirement community (CCRC) in the Playa Vista neighborhood of Los Angeles.
POST-ACUTE & SENIOR LIVING: Work starts on $60 million rehabilitation, skilled nursing facility in White Plains, N.Y.
WHITE PLAINS, N.Y. – Ground was broken in early September for the future $60 million White Plains Institute for Rehabilitation & Healthcare facility at Baker Avenue and Church Street in White Plains.