Senior Housing
Work Begins on Seniors Housing in Suburban Rochester
Ground has been broken on Long Pond Senior Housing, an affordable supportive seniors housing development in the town of Greece, a suburb of Rochester, N.Y. When the first phase is complete, the property will include 54 one- and two-bedroom units.
Avanti Rolling Out New Seniors Properties in Texas
Avanti Senior Living is on the verge of starting work on its latest property, Avanti at Flower Mound, which is part of a series of the developments by the Woodlands-based company either recently under way or in the advanced planning stages.
LDG Development Breaks Ground on 433-Unit Affordable Housing Community in Austin
LDG Development has broken ground on The Pointe at Ben White and The Villages at Ben White, a 433-unit neighborhood with garden-style apartment homes in Austin, Texas, designed for working families and those 55 and older earning 60 percent of Austin’s area media income.
TODAY’S DEALS: Forum Sells Denver Apartment, Achieves Record Price Per Square Foot
ARA brokers Forum Real Estate Sale of a 57-unit apartment in Denver; Titan SenQuest grabs a seniors housing community in Grand Rapids; and Meridian Capital Group arranges a $2.3 million loan with a below-market interest rate.
Tech-Oriented Affordable Seniors Property Opens in Queens
Selfhelp K-VII, a 92-unit affordable seniors housing property at 137-39 45th Ave. in the Flushing neighborhood of Queens, has opened.
Enterprise Homes Opens Seniors Housing Near Baltimore
Work has been completed on the Greens at Logan Field, an affordable seniors housing project in Baltimore County.
Meta Housing, Western Community Housing Finish San Clemente Seniors Apartments
Cotton’s Point Senior Apartments, an affordable seniors housing property in San Clemente, has been completed. The 76-unit project was a joint development by Meta Housing Corp. and Western Community Housing.
Meta Housing Corp. Completes $32.4M Seniors Housing Community in San Clemente
Meta Housing Corp. has completed Cotton’s Point Senior Apartments, a $32.4 million affordable housing community for seniors aged 62+ in the seaside community of San Clemente, Calif.
Phoenix Seniors Housing Company & Multifamily Owner-Operator Join Forces
IPA, a luxury multifamily communities operator in Michigan and Arizona, and Retirement Community Specialists Inc. (RCS), a luxury seniors housing communities operator in Arizona, announced they have joined together under the same umbrella company, IPA LLC.
First Affordable Housing Loan Closed Under New Freddie Mac Program
Freddie Mac’s new Direct Purchase of Tax-Exempt Loans initiative, the goal of which is to keep rental housing affordable for lower-income families and lower costs involved with financing for tax exempt multifamily properties, has closed its first loan.