Ciena Healthcare opens skilled nursing center in Michigan community
Ciena Healthcare has opened its newest skilled nursing center, the Regency at Grand Blanc in Grand Blanc Township, Mich.
Seniors Housing
Minnesota’s Dominium makes big push in seniors-housing market
How big is the market for seniors housing? The Administration on Aging recently reported that the number of U.S. residents 65 or older will hit…
IMPACT Strategies to build 10,000-square-foot independent-living facility in southern Illinois
WellSpring Resources, a national provider of recovery and mental health services, has chosen commercial builder IMPACT Strategies to build its $2 million independent-living facility in…
Oak Grove Capital enjoys busy stretch of financing; provides loans for Minnesota multi-family projects
Oak Grove Capital originated 11 loans totaling $89.5 million for affordable, market rate and seniors housing facilities across the United States. The deals, which range…
Beech Street Capital closes $55 million worth of FHA loans for skilled-nursing facilities in Indiana
Beech Street Capital, LLC in August closed $55.3 million in FHA 232/223(a)(7) loans to refinance a portfolio of eight skilled-nursing facilities in various locations in…
Lancaster Pollard provides $13 million refinancing loan for senior-care provider in Ohio
Lancaster Pollard recently helped longtime client Methodist ElderCare Services refinance the existing HUD-insured loan on the skilled-nursing and assisted-living portions of Wesley Glen, a continuing-care…
Brinkmann Constructors to build 78 independent-living units for Missouri seniors housing community
Chesterfield, Mo.-based Brinkmann Constructors is working through the first phase of a $50 million expansion of the Friendship Village Sunset Hills senior living community in…
Blueprint Healthcare Real Estate Advisors launches national advisory firm
Blueprint Healthcare Real Estate Advisors has launched a national advisory firm, which provides a multitude of real estate services for investors and operators of seniors…
Sheldon Good & Company to sell Indiana medical facility at auction
Sheldon Good & Company will sell South Shore Health & Rehabilitation, a 129-bed skilled-nursing facility in Gary, Ind., at auction Nov. 6. The property is…
Dominium making big push in seniors housing market
How big is the market for seniors housing? The Administration on Aging recently reported that the number of U.S. residents 65 or older will hit…