Senior Housing
Economy Watch: Mortgage Delinquencies Continue Dropping
The delinquency rate for mortgage loans on one-to-four-unit U.S. residential properties decreased to 6.04 percent of all loans outstanding at the end of the second quarter of 2014, according to the Mortgage Bankers Association.
TODAY’S DEALS: Parse Capital Provides $7.3M Mezz. Piece for Luxury Houston Apartments
Parse Capital partners with JPI Companies on a $37 million Houston development; Capital One closes an $8.8 million refinance for a New Hampshire assisted living community; and ARA’s Colorado office handles the $899,000 sale of a 14-Unit townhome community in Colorado Springs, Colo.
Greystone Launches Seniors Housing Investment Sales and Advisory Group
Greystone, a national provider of multifamily and healthcare mortgage loans, announced it has launched a seniors housing real estate sales and investment advisory group through the acquisition of the ARA National Seniors Housing Group from ARA National Seniors Housing Group Ltd.
Dominium Develops Affordable Senior Community in Suburban Minneapolis
Minneapolis-based Dominium, an owner, developer and manager of apartment communities across the country, has announced the construction of a new independent seniors affordable housing community called The Cavanaugh.
One Eighty to Roll Out New Brand of Seniors Housing
One Eighty, a hospitality specialist based in Seattle, has unveiled plans for a new line of seniors housing properties targeting middle-income seniors who want independent living facilities.
Silverstone Breaks Ground on Plano, Texas Seniors Living Community
Silverstone Healthcare Company has announced that it has broken ground on HarborChase of Plano, a 120-unit, Class A assisted living and memory care community in Plano, Texas.
Capstone Hosts Grand Opening of Rockdale,Texas, Seniors Community
Local politicians, community residents and members of the press were recently on hand to attend the grand opening of Hunter’s Chase, an age-restricted seniors community in Rockdale, Texas, that is exclusively managed by Capstone Real Estate Service Inc.
Perkins Eastman Research Collaborative and the Alzheimer’s Foundation of America Team Up to Identify Best Design Practices for Dementia Care Facilities
Perkins Eastman Research Collaborative and the Alzheimer’s Foundation of America announced the publication of the white paper, “Excellence in Design: Optimal Living Space for People With Alzheimer’s Disease and Related Dementias,” which details best design practices concerning residential care settings for individuals living with Alzheimer’s disease.
Amish Gupta Announces Seniors Community
A new 120,000-square-foot seniors living community is on the drawing boards for a 4.5–acre site near Texas State Highway 121 and Creek Valley Blvd. in Carrollton, Texas.