Property Types
CNL Healthcare Trust, Sunrise Senior Living Form JV
CNL Healthcare Trust Inc. and Sunrise Senior Living Inc. have formed a joint venture to own seven seniors housing properties.
San Jose’s Cypress Gardens Re-opens Thanks to HACSC
The Housing Authority of the County of Santa Clara has rehabilitated and upgraded the 125-unit senior citizen housing community, Cypress Gardens, in San Jose, Calif., thanks to a creative partnering of public and private parties.
Two-Day Art Sale and Celebration at Premier Midtown Condominium Raises Over $250,000 to Support Fight Against AIDS
More than 250 art enthusiasts recently visited the 60th floor penthouse at 400 Fifth Avenue, the luxury condominium tower atop The Setai Fifth Avenue, to celebrate art and make a difference in the fight against AIDS.
California Affordable Housing Fund Closed by WNC
WNC, a national investor in community renewal and affordable housing projects, has closed WNC Institutional Tax Credit Fund X, California Series 10. The $50 million multi-investor Low Income Housing Tax Credit (LIHTC) fund will finance eight affordable housing projects.
Ground Broken on UNT Student Housing
Fountain Residential Partners and Crosswind Development Partners have broken ground on 33 North, a 139-unit/427-bed student housing property in Denton, a small city north of Dallas.
MHN Interview: Company Pledges $750,000 to Support Affordable Housing Development
Enterprise Community Partners recently announced it will offer $750,000 in grant support to fund supportive and senior housing development. MHN talks to Victoria Shire, deputy director, neighborhood initiatives, Enterprise, about this new initiative.
TODAY'S DEALS: Harbor Group Buys Three-Property Portfolio for $100M
Harbor Group International acquires a 1,218-unit portfolio in Florida; MIG Real Estate buys a luxury asset in Austin; and Colliers International brokers the $2.7 million sale of a residential lot in a college area.
PROFILE: Silverado Senior Living
Loren Shook, who co-founded Silverado Senior Living with Stephen Winner, has a distinct philosophical approach to providing seniors housing for the memory impaired.
New Housing for Low-Income Seniors Breaks Ground Near Akron
Groundbreaking ceremonies were recently held for the AHEPA 63 Apartments, a new residential community for low-income older adults in Ohio.
NAHB Says Condo Market Shows Improvement
The National Association of Home Builders announced that the Multifamily Production Index, or MPI, reached its highest rating since the third quarter of 2005.