NHI Finances CCRC Expansion Project in Phoenix

December 27, 2018 Steve Monroe Developments, Financings LCS, National Health Investors, Westminster Capital Leave a comment

The Phoenix, Arizona market has been a hotbed of senior living construction activity thanks to its rapidly growing retiree population, and a large CCRC catering to high-income residents is looking to capture part of that growth with an independent living expansion. Sagewood already has 316 independent living units, 44 assisted living units, 28 memory care […]

Handing over the reins

February 18, 2016 Ben Swett Acquisitions CCRC, Cushman & Wakefield, Harpeth Green Properties, Heritage Investment Partners LLC, LCS, Life Care Services, Pinnacle Financial Partners, Westminster Capital Leave a comment

The joint venture owner of a 283-unit entrance fee CCRC in Brentwood, Tennessee recently reshuffled its ownership, with a minority stakeholder acquiring the 70% share from partner and co-developer, Westminster Capital. Back in 2007, Westminster, Harpeth Green Properties (the current buyer) and LCS developed the community on nearly 50 acres. It featured 217 independent living […]