property type: Assisted Living/Health Care

The Real Deal Harrison Street Real Estate Capital has paid $50.8 million, or $540,425/unit, for Oakmont of Silver Creek, a 94-unit seniors-housing property in San Jose, Calif. The Chicago investment and management firm purchased the property from an affiliate of ...

Griffin Living has sold Griffin Plaza, comprised of an 85,022-square-foot retail center and the 102-unit Varentia of Simi Valley seniors-housing property, in Simi Valley, Calif., for $22.1 million. The Westlake Village, Calif., development firm sold the property to an unnamed ...

Northwind Group has hired Joe Weidt as director in its senior living and healthcare team, where he's responsible for identifying and completing debt and equity transactions involving seniors and healthcare properties. Weidt, who also will oversee due diligence, underwriting and ...

South Florida Business Journal Cedar Health has paid $39 million, or about $133,106/unit, for the Wickshire Fort Lauderdale assisted-living facility in Fort Lauderdale, Fla. The Lakewood, N.J., company bought the property, which sits on 18.1 acres at 2855 West Commercial ...

Multi-Housing News Trilogy Health Services has broken ground on a 113-unit seniors-housing property at 1495 Granville Pike in Lancaster, Ohio, about 30 miles southeast of Columbus, Ohio. The Louisville, Ky., developer is spending $22 million to construct the property. It ...

Multi-Housing News Sterling Group has opened the 126-unit Astral at Franklin seniors-housing property in Franklin, Ind. The Mishawaka, Ind., developer broke ground on the three-story development, which cost $32 million to complete, last year. It offers independent-living, assisted-living and memory-care ...

A venture of MorningStar Senior Living and Confluent Senior Living has broken ground on MorningStar Senior Living at The Canyons in Las Vegas. The Denver-based venture is building the 186-unit property at the intersection of South Hualapai Way and Alta ...

Multi-Housing News A group of investors comprised of Security Properties, Hearthstone Foundation and Pacific Life Insurance Co. has paid $23.6 million, or $200,000/unit, for Monte Vista Senior Apartments, a 118-unit seniors-housing property in San Jose, Calif. The seller was not ...

Daily Journal of Commerce Ryan Cos. has broken ground on Aegis Living, a 92-unit seniors-housing property in Ballard, Wash. The Minneapolis developer is building the property at 943 NW Market St., about five miles north of Seattle. It will have ...

South Florida Business Journal Sunrise Senior Living has lined up $45.77 million of construction financing for the 94-room assisted-living facility at 1000 Ponce De Leon Blvd. in Coral Gables, Fla., about six miles from downtown Miami. The McLean, Va., seniors-housing ...