Multifamily news in Senior Housing - Los Angeles
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Los Angeles Age-Restricted Community Sells for $34M
Positive Investments acquired the 162-unit property, financing the deal with a Freddie Mac loan from Capital One.
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5 LEED-ing Multifamily Projects in CA
Los Angeles, San Francisco and San Diego hold the top spots for LEED-certified multifamily properties in California through the past 12 months.
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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.
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In Case You Missed It: MHN’s Top 5 Posts in January
Miss any of our articles? Catch up with five of our most popular posts for the month.
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Affirmed Housing Opens CA Affordable Senior Property
Bella Vita is a 65-unit development in Carson. The community serves low-income seniors and includes 3,000 square feet of commercial place.
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LA-Area Affordable Senior Housing Lands Refi
The 114-unit community dates back to 2002 and is available for 55-plus residents, earning 60 percent of the area median income.
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CA Affordable Senior Housing Lands $20M Refi
Located 10 miles east of central L.A., the 189-unit Beverly Towers provides housing for tenants 62 and older, with incomes less than 80 percent of median income.
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LA Senior Housing Breaks Ground
Related Cos. and Community Development Corp.'s The Curve @ West Angeles will have 70 units, including 29 for very-low-income residents.
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$120M Senior Housing Opens in LA
C.W. Driver developed Fountainview at Gonda West, a 460,000-square-foot development in Playa Vista that will serve more than 250 seniors with a full range of active living, healthcare and in-home services.
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Integrity Opens CA Senior Housing
In partnership with Mayans Housing Corp., the firm has debuted an 84-unit community in Pomona. Of the units, five will be reserved for veterans.
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LA Senior Communities Receive $19M Mortgage Financing
The funding, obtained through the company's bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of three affordable developments.
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ISL to Manage SoCal Senior Living Community
This is the third community the company is managing for The Wolff Co., the developer of the 136-unit property in Oxnard, Calif.
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LA Planning Commission Greenlights New LGBT Center Campus
The campus will include as many as 100 units of affordable housing for seniors, 100 beds for homeless youth, new senior and youth centers and as many as 35 units of permanent supportive housing for young people, as well as ground-floor retail space.
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Welltower Completes Billion-Dollar Senior Housing Buy
The firm acquired 18 properties in California, making it the largest owner of senior housing in the state.
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Dekel Provides Equity for Senior Facility in Ventura County
The Dekel Strategic Investors platform has now provided more than $100 million in equity since its inception in 2014.