Senior Housing

The developer is expanding its 75-plus for-sale and for-rent platform for active adults in Colorado.

The entire loan will be used to refinance Prime Care's 13 asset portfolio, consisting of assisted living, memory care and skilled nursing units.

The firm provides a $28 million loan for a 55-plus active senior housing apartment development.

On the Chicago-based REIT's Q3 earning call, Ventas's Debra Cafaro, CEO and chairman, reveals that the portfolio did not receive the strong seasonal lift in occupancy that was expected.

Industry veteran Ben Seager joins the firm to lead and expand the 75-plus senior living platform.

The buyer plans a three-building, 220-unit independent senior living facility east of Interstate 95.

The transaction was secured for a joint-venture portfolio by Sino-Ocean Capital and Meridian Senior Living.

Features like parks and museums, job availability and senior-friendly transportation figured into this ranking from Caring.com.