Dekel Secures $59M for Development of Glendale Senior Facility February 1, 2019 Los Angeles-based Dekel Capital has assembled $59.4 million in debt and equity financing for the development of a 113-bed assisted living and memory care facility in Glendale, CA.
Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced the start of pre-leasing at Heartis Village of Brookfield, a 104-unit assisted living and memory support community in Brookfield, Wis. Situated on 10 acres at 16100 W. Greenfield Ave., about 12 miles west of Milwaukee, the community is scheduled to open in September 2019.
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· Merchants Capital Secures Bridge Financing for Assisted Living Portfolio in Ohio May 9, 2019 CARMEL, Ind. (May 9, 2019) – Mortgage banking firm Merchants Capital has arranged nearly $50 million in total financing for three assisted living communities in Ohio: The Ashford at Mt. Washington, The Ashford on Broad and The Ashford on Sturbridge.
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· Senior Housing Finance Activity: KeyBank, Grandbridge. a Class A, 89-unit assisted living and memory care community in Plymouth, Minnesota.. Finance & Development.
CytRx Corporation, a biopharmaceutical research and development company specializing in oncology, has entered into a long-term loan and security agreement with Hercules Technology Growth Capital, Inc. and Hercules Technology III, L.P. for up to $40 million in financing.CytRx has received the first $25 million of financing under the loan and.
There is also significant interest from out-of-market buyers and institutional investors that view South Florida as ripe for development and want to stake their claim on the market. Demand for.
January 14, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces financing for the development of Deerfield Senior Residences, a 240-unit, six-story, luxury independent living community in the northern Chicago suburb of Deerfield, Illinois. The HFF team worked on behalf of affiliates of Banner Senior, LLC (“Banner”), the managing partner of a joint venture partnership that is developing.
· A 17-story luxury senior living community will rise in one of Houston’s wealthiest areas. Houston-based Bridgewood Property Co. announced April 12.
The Legacy Senior Communities Secures Financing, Reaches Fundraising Goal and Starts Construction for The legacy midtown park plano, Texas, October 8, 2018 – The Legacy Senior Communities (a not-for-profit charitable organization) is proud to announce that the organization reached the $15 million philanthropic campaign goal in the largest.