Senior Housing
Winn Finishes Rehab of Philly Affordable Seniors Housing
WinnDevelopment, the real estate development arm of WinnCompanies, has completed the rehab of Venango House Apartments, an affordable seniors housing property in the Tioga neighborhood of Philadelphia.
Victory Housing Opens Seniors Affordable Housing in Rockville, Md.
Victory Housing has opened Victory Court, a mixed-income community for residents 62 and older in downtown Rockville, Md.
Boston Capital Investing in Seniors Development in Baltimore
Boston Capital is partnering with Comprehensive Housing Assistance in the investment of construction of Manor South, a 90-unit development for seniors located in Baltimore.
Kearney Realty’s Poughkeepsie Commons Development Opens for Seniors, Homeless, Veterans
There are 71 more affordable housing units available to Poughkeepsie, N.Y., seniors, homeless people and disabled veterans thanks to the completion of Poughkeepsie Commons, a three-story community developed by The Kearney Realty & Development Group.
PinPoint Commercial, Thrive Senior Living Pick Dallas Contractor for Seniors Housing
PinPoint Commercial LP and Thrive Senior Living have tapped Cadence McShane Construction Co. to build Legacy at Crystal Falls, the joint venture’s new senior living development in central Texas.
TODAY’S DEALS: Mack Urban and AECOM Announce the Land Acquisition of Six Acres for More Than $80M
Mack Urban and AECOM Capital announced the acquisition of six acres of land in downtown Los Angeles’ South Park district; three Georgia seniors housing assets trade for $30.9 million; and Greystone closes $15.9 million in Fannie Mae financing for a Maryland community.
TODAY’S DEALS: Griffin-American Acquires 44 Seniors Housing Properties in the U.K.
Griffin-American Healthcare REIT II completes a $472.2 million U.K. portfolio acquisition; Landmark Apartment Trust of America acquires two apartment communities for $37 million; and Washington Property Co. obtains a $75 million permanent loan for new project in Silver Spring, Md.
Why You Shouldn’t Market to ‘Active Adults’
The term could violate fair housing requirements.
Senior Lifestyle Developing Retirement Community in Northbrook, Ill.
Senior Lifestyle is developing North Shore Place, a five-story retirement building in Northbrook, Ill., that is set to open in summer of 2014.
TODAY’S DEALS: Friedkin Buys a 374-Unit Illinois Asset
HFF brokers a Illinois sale for MEPT; Titan SenQuest acquires a Texas seniors housing asset; and Beech Street Capital closes a $10.5 million loan for a Utah acquisition.