Senior Housing
Affordable Housing Project Springs Up in Affluent L.A. Suburb
Neighbors were not initially receptive to Mirandela, a 34-residence affordable seniors housing apartment property, but the finished product has brought nothing but accolades.
Hardin Construction Hard at Work on Another Green Affordable Seniors Housing Project
Smyrna, Ga.–Work is underway on the 88-unit affordable seniors housing project, Hardin Galleria Manor of Smyrna, which is being designed for LEED Silver certification.
Healthcare Reform Bill Already Changing Seniors Housing Development Dynamics
Passage of healthcare reform has already altered dynamics in commercial real estate’s senior housing sector.
Jamboree Breaks Ground on Intergenerational Affordable Housing Project
Claremont, Calif.–Jamboree has broken ground on Courier Place Apartment Homes, a unified apartment community for low-income seniors and working families.
Seniors and Affordable Green Multifamily Projects under Way in Chicago
Chicago–Ground has been broken for the New Admiral at the Lake, a 31-story life-care/continuing-care retirement community on the North Side of Chicago.
Rehabilitated Nazareth Towers Presented to Low-Income Seniors in Ohio
Columbus, Ohio–With a ribbon-cutting ceremony, Nazareth Towers, a 208-unit affordable housing property in Columbus, Ohio, officially emerges from a massive makeover, providing its tenant roster of seniors with a modernized residential community.
Affordable Seniors Housing Breaks Ground in Silicon Valley
Morgan Hill, Calif.–Ground will be broken this week for Horizons at Morgan Hill, a 49-unit affordable seniors housing property in the city of Morgan Hill in Santa Clara County in northern California.
Seniors Housing Starts Plunge: NIC
Annapolis, Md.–For the year-long period ending March 31, 2010, seniors housing starts, including senior apartments, were down 32 percent nationwide from the same period a year earlier.
United Group Wins $20M Financing for Seniors Properties
Albany, N.Y.–The United Group of Cos. has obtained senior loan financing totaling $20.2 million for two independent living seniors housing properties, the Lodge at Bridgemill in Canton, Ga., and Colonial Square, in Utica, N.Y.
Work Gets Underway on Wellness-Centric St. Clair Apartments for Seniors in Tennessee
Maryville, Tenn.–St. Clair Apartments at Asbury Place Merryville, a continuing care retirement community (CCRC) in Maryville, Tenn., moves closer to becoming a reality as Asbury Inc. commences construction of the independent living apartment building.