Kennedy Wilson Sells Suburban SLC Senior Housing Community
The Ivy at Draper changed hands after four years. In 2018, the now-seller paid $51.4 million for the 277-unit asset.
MassHousing Provides $41M for Adaptive-Reuse Boston-Area Project
Reed Community Partners has converted a section of a former wool mill in Lawrence, Mass., into a 180-unit affordable housing property.
Ryan Cos. JV Breaks Ground on Nashville Luxury Senior Living
Old National Bank provided $58.1 million for the 172-unit Clarendale West End.
Fairstead Buys 16-Asset Affordable Portfolio in Kentucky
Partnering with KeyBank, the firm will preserve the long-term affordability for 950 units.
WC Smith JV Lands $95M for DC Affordable Housing Project
The 130-unit development will be set aside for individuals earning at or below 60 percent of the area median income.
Wakeland’s New CEO on California’s Affordable Housing Crisis
Rebecca Louie discusses what is hindering construction in the state and how she plans to boost affordable housing production.
Avanath Buys Sacramento-Area Portfolio for $182M
The portfolio includes four affordable and two senior housing communities built between 2008 and 2017.
LAC Builds Affordable Housing in Colorado
Construction has already begun and the first units are slated to come online next year.
Kisco Buys Bay Area Senior Living Community
The 184-unit The Kensington at Walnut Creek is the company’s second buy in this market.
Los Angeles Affordable Development Lands $72M
The financing will bring online 200 units in central L.A.