Kisco senior Living, of Carlsbad, California,
has purchased villa de san Antonio, a senior
living community located in San Antonio,
Texas. The Villa community has 114 independent living apartments, 55 assisted living
apartments, and 24 cottage homes.
vintage senior Living, based in Newport
Beach, California, has opened
vintage Bur-bank, an eight-story community designed for
independent and assisted living programs.
McLean, Virginia-based sunrise senior
Living and some of its affiliates have entered
into an agreement with GHS Pflegeresiden-zen Grundstucks GmbH and Prudential
Real Estate Investors to sell eight of Sunrise’s nine assisted living communities in
Germany. The aggregate purchase price is
approximately $74.5 million.
Chicago-based ventas has agreed to acquire Lillibridge Healthcare Services and
its real estate interests in 95 medical office
buildings and ambulatory facilities. The
purchase price is estimated between $300
million and $400 million and will grow
Ventas’ MOB portfolio to 8. 4 million
square feet. ❏
Tinley Park, Illinois-based Providence Life
services has begun construction on Park
Place of elmhurst, a 12-acre campus in the
metropolitan Chicago area with 173 independent apartments, 46 assisted living
apartments, 20 memory care suites, and 37
skilled nursing private rooms. As of July, 80
percent of its units were already reserved.
San Francisco-based Agesong communities
has earned Green Restaurant certification
from the Green Restaurant Association.
AgeSong is the first senior living company
to earn Green Restaurant certification.
Brookdale senior Living, of Brentwood, Tennessee, has obtained a $117 million first-mortgage loan from Berkadia Commercial
Mortgage and Fannie Mae for a portfolio of
19 communities in several states. The mortgage debt has a 10-year term and has a fixed
interest rate of 5.98 percent.
Seattle-based emeritus senior Living has
completed the purchase 144 Sunwest Assisted living communities for $2 billion.
Healthcare Reit, based in Toledo, Ohio, has
formed an $817 million partnership with a
38-property West Coast-based senior living
company. The REIT will assume an 80 percent stake in the joint venture.
integral senior Living has named Kelli
Hudson executive director of Stoney
Brook Senior Living in Belton,