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Seniors Housing

Chicago’s Cerulean Partners purchases senior living community near Las Vegas strip

Chicago's Cerulean Partners in February acquired Destinations at Eastern, a 116-unit independent senior living community in Las Vegas.
Staff Writer April 5, 2017
OhioSeniors Housing

Lancaster Pollard provides financing for senior-living properties in Indiana and Ohio

Columbus, Ohio-based Lancaster Pollard, a national investment banking and mortgage banking firm, recently financed a pair of nonprofit senior-living properties in Ohio and Indiana.
Staff Writer April 5, 2017
MichiganSeniors Housing

Ciena Healthcare opens new skilled-nursing facility in Michigan

Ciena Healthcare recently opened its newest skilled nursing facility in West Bloomfield, Mich., Notting Hill of West Bloomfield. This "green" facility offers 94 short-term rehabilitation…
Staff Writer April 5, 2017
MissouriSeniors Housing

Senior-living community in Missouri starting $15 million expansion project

Friendship Village Chesterfield is moving ahead with the first phase of a master-planned expansion of its senior living community in Chesterfield, Mo.
Staff Writer April 5, 2017
OhioSeniors Housing

Berkadia Commercial Mortgage originates more than $16 million worth of loans for seniors housing facilities in Nebraska and Ohio

Berkadia Commercial Mortgage recently originated $16.4 million worth of loans for seniors housing properties in Ohio and Nebraska.
Staff Writer April 5, 2017
MinnesotaSeniors Housing

Centerline Capital Group provides $3.63 million refinancing loan for 59-unit seniors housing community in Minnesota

Centerline Capital Group has provided a $3.63 million Fannie Mae DUS Choice Loan to refinance a multi-family property in Cottage Grove, Minn.
Staff Writer April 5, 2017
WisconsinSeniors Housing

Plunkett Raysich Architects celebrates ground-blessing of Wisconsin memory-care facility

Plunkett Raysich Architects today celebrated the ground blessing of the future site of The Cottages at Cedar Run, a community-based residential facility in West Bend,…
Staff Writer April 5, 2017
OhioSeniors Housing

Seniors housing keeping Minnesota’s Oak Grove Capital busy

Developers of seniors housing projects have kept St. Paul, Minn.-based Oak Grove Capital busy lately with a steady stream of business.
Dan Rafter April 5, 2017

Hubbell Realty helps bring assisted living, memory care community to Des Moines

Hubbell Realty Company, along with equity partner Persimmon Capital Partners, will soon open a 40-apartment assisted living and memory care community in Des Moines, Iowa.…
Staff Writer April 5, 2017
MinnesotaSeniors Housing

Executive director of seniors housing facility named to Minnesota Board on Aging

Minnesota Gov. Mark Dayton has appointed Cheryl Klinkhammer, executive director of senior housing development Trails of Orono, to the State of Minnesota Board on Aging.
Staff Writer April 5, 2017
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