Senior Housing

Senior Housing Affordability Crisis Looms

A new report by the National Investment Center for Seniors Housing & Care finds that 54 percent of middle-income elderly won't be able to pay for assisted living and out-of-pocket medical costs by 2029.

Senior Housing

Welltower Acquires San Antonio Senior Living Portfolio

The two luxury properties, totaling 335 units and offering independent living, assisted living and memory care services, have been rebranded together as Discovery Village at Dominion.

Luxury

Senior Living Cost Growth Lags Healthcare

The median monthly price of independent living facilities inched up 2.6 percent from 2017 to 2018, while assisted living rose by 2.4 percent, according to data from A Place for Mom.

Senior Housing

Regions

Change City

CO Senior Housing Properties Receive $52M Refi

Walker & Dunlop secured the financing through Fannie Mae on behalf of the owner, a partnership between MoningStar Senior Living and a Middle East-based alternative investment fund manager.
Denver 18 April 2019 13:15
Detroit Adds 54 Units for Low-Income Seniors

The development is part of Bedrock’s agreement with the City of Detroit to build and preserve 700 affordable housing units over the next several years.
Detroit 17 April 2019 12:41
FL Affordable Senior Community Gets $20M in Loans

The new owner plans to invest approximately $3.6 million in renovations at the 104-unit property located in Pinellas County. Hunt Real Estate Capital provided the financing.
Tampa 12 April 2019 15:39
Senior Housing Demand Outpaces New Supply

The first quarter saw net absorption of 2,934 units across 31 markets, slightly outstripping inventory growth by 294 units, according to the National Investment Center for Seniors Housing & Care.
National 12 April 2019 14:13
Luxury NJ Senior Housing Opens Doors

The 73,000-square-foot 85-unit facility is the first assisted living and memory care property built in the borough since 2000, under the management of Chelsea Senior Living.
New York 09 April 2019 13:56
Low-Income Senior Housing Community Changes Hands in CA

Lee & Associates facilitated the $8.7 million sale. The previous owner recently upgraded Aurora Village—located in an Opportunity Zone—with solar electric and water heating systems.
Los Angeles 09 April 2019 13:31
Meridian Senior Living Adds to Portfolio

Located in Lafayette, La., the assets are owned by American Health Investors and comprise a total of 147 beds for memory care, assisted living and independent living.
South 09 April 2019 12:16