Senior Housing - Mid-Atlantic
Cities
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Silverstone Opens Metro Washington, DC Senior Community
The Providence offers a total of 154 assisted living and memory care units in Fairfax's MetroWest neighborhood.
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Bluestone, Brentwood Pay $75M for Virginia Senior Housing
The new owners will implement a multimillion dollar capital improvement plan on the 950-unit property in Richmond.
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Virginia Senior Housing Project Breaks Ground
Watercrest Senior Living Group and Harbert Seniors Housing Fund II have started work on the 98-unit luxury community outside of Richmond.
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Mixed-Income Communities Open in Richmond’s Jackson Ward
The $30 million second phase of the revitalization project has 154 units designated for seniors and workforce housing.
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Nonprofit Lands $18M Refi for Virginia Senior Community
Ziegler secured the Series 2020 financing for the 220-acre campus in Blacksburg.
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Evergreen Grows Affordable Housing Management Portfolio
The firm added 11 communities totaling nearly 1,000 units located in Illinois, Minnesota, Ohio, Pennsylvania and Wisconsin.
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Tryko Partners Buys Virginia Skilled Nursing Portfolio
The company acquired three properties totaling 563 beds that were part of the Cambridge Healthcare portfolio.
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Hunt Capital Partners, Pennrose Expand Affordable Housing Project
The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.
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Osprey Sells Maryland Affordable Senior Asset
Greysteel negotiated the disposition of an 80-unit community restricted to residents aged 62 and over.
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Greysteel Brokers Sale of DC Affordable Senior Community
President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.
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Harrison Street Expands Senior Housing Portfolio
The properties acquired are located in Maryland, New Jersey and Massachusetts, totaling 1,322 units.
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Washington, DC Affordable Senior Housing Breaks Ground
Gilbane Development Co. and Carding Group are among the entities behind the first assisted living facility to open in the Ward 8 neighborhood.
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Affordable Senior Community Changes Hands in Baltimore
BCI Management paid roughly $8 million for the 100-unit property located in the Gwynn Oak submarket.
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Silverstone Senior Living Makes its Mark in Maryland
Construction has begun on The Seneca of Rockville, a $76 million community in Rockville, Md., one of the company’s three new developments in the Washington, D.C., market.
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Affordable Housing Services 2.0: Health & Wellness Programs
Avanath Capital Management’s Alicia Bramble and Ada Arevalo talk about how the shift toward lifestyle services and away from physical amenities is impacting the affordable housing market in the Washington, D.C., area.