Multifamily news in Senior Housing - Houston
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Luxury Senior Living Community Underway in Metro Houston
Slated for delivery in early 2021, the development will encompass both active retirement and assisted living units.
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Ryan Cos., Grand Living Plan 2 Luxury Senior Communities in Texas
The communities include the Grand Living at Riverstone in Sugar Land and Grand Living at Georgetown. Both will have 180 units and feature an age-in-place model.
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Houston Asset Lands $36M Refi
Nottingham Village is a two-story property featuring two-, three- and four-bedroom units spread across a 16.4-acre site. The owner plans to renovate the community.
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Capstone Expands Texas Portfolio With 4 Communities
Capstone Real Estate Services was awarded management of Sansom Park, Riverwalk, Hays Junction II and St. Paul’s Square Senior. The properties total more than 450 units.
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Parc Takes a Walk in TX
Parc at Traditions, a 159-unit luxury senior community, marks the company’s first property in Texas. The asset is opening its doors this fall and will provide independent living, assisted living and memory care services.
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Allied Orion Group to Manage TX Senior Community
Sierra Meadows Apartments is a 90-unit, active senior community located in Houston’s Harris County. It is the first of its kind in the area for veterans.
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Tradition Senior Living Enters Houston
The company broke ground on a 316-unit community slated for completion in late 2018. The two-building property will offer a continuum of care, including independent living, assisted living and memory care.
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Medistar Brings Transitional Care Facility to North Houston
Pi Architects are currently designing the 104-bed asset, which will provide various services, including skilled nursing focused on short-term rehabilitation care, assisted living and memory care.
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MCA Secures Houston Memory Care Construction Loan
MCA has secured a $7.1 million loan for the project, which will feature 90 beds and a community center. Guidon Building Solutions will develop the facility in two phases.
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Sagora Senior Living Sets Foot in Katy, TX
The senior housing operator acquired The Orchard Assisted Living & Memory Care, their first community in Katy, Texas. The property consists of 50 assisted living units and 40 memory care apartments.
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Capstone Expands Texas Property Management Portfolio
The firm added five communities across the state, bringing its portfolio to roughly 35,000 units. Property locations include Brownsville, Clear Lake, Pearland, Pharr and San Marcos.
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Houston Heights Tower Completes $12M Renovation
The age-restricted property has rents ranging from $435 to $566 per month, including utilities.
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Greystone Oversees Sale of Memory Care Portfolio
The four communities, each with 70 memory care units and 75 beds, are in various parts of Texas.
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Amarillo Terrace Opens at Eagle’s Trace
A retirement community in Houston’s Energy Corridor expanded its independent living units by 108.
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Marcus & Millichap Arranges Sale of Senior Housing Asset
The property was renovated in 2012 and has a historic occupancy of at least 90 percent.