Senior Housing - Northeast
Cities
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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 -
Upstate NY Affordable Senior Project Breaks Ground
Durand Senior Apartments in Irondequoit is set to provide 70 units and will include on-site health-care facilities.
07 February 2018 13:36 -
KeyBank Delivers $161M for Age-Restricted Portfolio
Structured in a variety of ways, the Fannie Mae funding refinances 13 age-restricted housing properties totaling 1,500 units in four states.
31 January 2018 18:34 -
$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 -
Capitol Seniors Housing to Start NY Project
Stonegate at Greenburgh, an assisted-living and memory-care community in Greenburgh, N.Y., will have 101 units and be operated by Northbridge Cos.
20 December 2017 15:21 -
$16M Senior Housing Community Opens in Pittsburgh
The 66-unit Hillcrest Residences, which was developed by The Community Builders is located in the Carrick neighborhood.
19 December 2017 17:29 -
CT Senior Living Community Breaks Ground
Maplewood Senior Living has broken ground on a 93,000-square-foot assisted living and memory care community in Connecticut. The regionally based team will deliver the building in 2019.
19 December 2017 16:35 -
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 -
KeyBank Secures Financing for 6 Senior Housing Assets
The skilled nursing facilities are spread across Vermont, New Hampshire and Rhode Island and encompass a total of 664 beds.
29 November 2017 13:29 -
Former Maine Church Becomes Senior Housing Community
The construction of St. Ignatius, a 66-unit senior housing community in Sanford is now complete. WNC provided $8.6 million in LIHTC equity to help fund the project.
23 November 2017 10:17 -
JV Closes Refi of Affordable NJ Property
The Diocesan Housing Services Corp., MDG Design + Construction and Hudson Valley Property Group will help maintain the affordability of 205 units in Cape May for the next two decades.
22 November 2017 14:57 -
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