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MEMBERS in the News
Princeton, NJ-based Solvere Senior Living, a management and consulting firm, continues to expand and is again partnering with Minneapolis-based W M Dougherty & Co., LLC (WMD) investment bank and brokerage firm in the acquisition and management of a bankrupt memory care community in Williamsburg, VA.
Symphony Senior Living has welcomed two new executives to their international team.
Wohlsen Construction Company received two awards from the Chesapeake Shores Chapter of Associated Builders and Contractors (ABC) at the association's Annual Excellence in Construction Awards banquet.
HHHunt completed an $11.5 million purchase of a stalled project in western Henrico County, Virginia, through federal bankruptcy court in Arizona. It plans to complete construction and open the community this winter as Spring Arbor Cottages of Richmond.
Chancellor Health Care, Inc. of Windsor, California, announced an expansion of its senior living communities. In a $36.6 million dollar purchase, on September 1, 2016, National Health Investors (NYSE-NHI) acquired three communities in McMinnville, Oregon, and leased the communities to Chancellor Health Care effective immediately. The lease is for 15 years with an annual lease rate of 7.5 percent.