Senior Housing - New York
-
Staten Island Skilled Nursing Facility Lands $21M Refi
The new, HUD-insured permanent loan provided by Greystone for the 238-bed skilled nursing facility represents a permanent exit from the prior interim financing.
26 July 2018 16:11 -
Long Island Senior Community Receives $10M HUD Loan
Located 45 minutes from Manhattan, Birchwood Suites in East Northport, N.Y., landed the refinancing loan through HUD’s Section 232 pursuant to Section 223(f) funding program.
12 June 2018 16:49 -
WinnDevelopment Opens $29M NY Senior Housing
The Landmark at Sibley Square in Rochester includes 72 affordable units and is part of the larger Sibley Square mixed-use redevelopment.
31 May 2018 15:09 -
Manhattan Nursing Facility Lands Record $127M FHA Loan
KeyBank arranged the refinancing for the 499-bed Upper East Side Rehabilitation and Nursing Center. The funds will be used to pay off an interim acquisition bridge loan and $7 million in capital improvements.
25 May 2018 17:33 -
Bronx Low-Income Housing for LGBT Seniors Underway
BFC Partners, HELP USA and SAGE announced the groundbreaking of the $41.4 million Crotona Senior Residences, which will include 84 units.
24 May 2018 14:50 -
NYC-Area Post Acute Care Center Opens
Atrium Post Acute Care of Livingston can accommodate a total of 144 patients. The facility offers therapy and fitness space, as well as a NeuroGym and a mineral wellness spa.
24 May 2018 11:35 -
NY Skilled Nursing Portfolio Lands $75M Financing
The 561-bed Optima Portfolio comprises three skilled nursing assets in the New York City area. The acquisition loan was funded through HUD.
11 May 2018 14:52 -
On the Market: 5 Interesting Listings for the Week of 4/30
This week's listings include a newly renovated age-restricted community in Vegas and a turnkey asset in central Richmond, Va.
04 May 2018 15:39 -
Manhattan’s First Purpose-Built Assisted Care Center Breaks Ground
The assisted living and memory care community will rise 16 stories in Midtown Manhattan, offering 151 units and ground-level retail.
07 March 2018 17:17 -
Meridian Arranges Financing for NY Assisted Living Property
The 200-bed New Broadview is located next to the Verrazano Bridge on Staten Island, and provides assisted living and nursing services.
21 February 2018 14:15 -
$53M Earmarked for Bronx Senior Housing Renovations
A joint venture is refinancing Fort Schuyler House, a 138-unit development. Plans call for $15.5 million in capital repairs, and the property will preserve affordability for its residents.
04 January 2018 16:17 -
What Does De Blasio’s Re-Election Mean for NYC Affordable Housing?
During his campaign, Mayor Bill de Blasio pledged to expand his focus on affordable housing. Standard Communities Co-Founders Scott Alter and Jeff Jaeger weigh in on how his re-election will impact affordable housing developers and renters.
06 December 2017 14:18 -
New Management for Madison Crossing at Birch Hill
The active adult community is located just one hour away from New York City and offers several leisure amenities, including a fitness center and game rooms.
10 November 2017 14:13 -
NY Nursing Facility Lands $25M Refi
Greystone provided the HUD-insured loan for Adira at Riverside Rehabilitation & Nursing in Yonkers, N.Y. The financing carries a 30-year term at a low, fixed rate.
06 November 2017 15:09 -
Queens Nursing Facilities Land $54M Refi
With a total of 576 units, both properties are part of the SentosaCare network. Greystone provided the HUD-insured mortgage loans for the two highly specialized assets.
19 October 2017 15:40