Senior Housing - Northeast
Cities
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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 -
KeyBank Provides Financing for 2 Affordable Senior Housing Assets
Alliant Capital and New York State HFA provided additional financing, supported by existing project-based HUD Section 8 vouchers, for the renovation of the properties.
08 June 2018 12:18 -
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 -
Baltimore Affordable Senior Property Lands $33M HUD Loan
National Preservation Housing Partners purchased Zion Towers, a 211-unit community, for $39 million. HUD insured a $32.8 million loan for the acquisition and renovation of the property.
31 May 2018 08:20 -
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 -
Pennrose Debuts NJ Senior Redevelopment
The 62-unit independent living community is a $25 million adaptive reuse and historic renovation and adaptive reuse of the Roosevelt hospital, built in 1937.
13 April 2018 14:32 -
Tryko Partners Buys Philly-Area Skilled Nursing Facility
The 129-bed facility, located next to the Fitzgerald Hospital in Yeadon, Pa., provides post-hospital care, short-term rehab and long-term residential care.
20 March 2018 14:47 -
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 -
Former MA Campus Building to Become Memory Care Facility
Benchmark Senior Living is developing the adaptive reuse and extension of a former Andover Newton Theological School campus building. The new memory care facility will incorporate 50 units.
21 February 2018 20:48 -
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 -
Boston Affordable Senior Portfolio Lands $136M Refi
Symphony Plaza was constructed in 1980 and comprises two neighboring buildings. Masshousing closed the refinancing, allowing for significant on-site improvements and extending affordability for at least 30 years.
14 February 2018 19:24