Senior Housing
Emeritus to Operate Merrill Gardens’ Seniors Portfolio
Seniors housing specialist Emeritus has inked a deal to take over operation of 38 properties currently run by Merrill Gardens.
Construction Begins on Seniors Housing in Brooklyn
Developer CPC Resources Inc. has joined forces with Ground Community HDFC, East Brooklyn Congregations, Common St. Paul Community Baptist Church, the U.S. Department of Housing and Urban Development and the New York State Homes and Community Renewal on construction of Redwood Senior Living in the East New York section of Brooklyn.
Seniors Housing Development Nears Completion in Metro Cleveland
Work is nearly complete on Emeritus at Newell Creek, a seniors housing property in Mentor, Ohio.
Connecticut’s Augustana Homes Preserved as Affordable
Augustana Homes, a 186-unit affordable senior apartment community in Bridgeport, Ct., will receive $4 million in improvements and renovations, and will be preserved as affordable for an additional 30 years.
JV Opens Brand New Elegant and Affordable Housing for Low-Income Seniors
An affordable housing community for low-income seniors at the brand new Canby Woods, 7238 Canby Avenue, Reseda, has broken ground.
L.A. Hospital Redeveloped into Affordable Seniors Housing
The first phase of Linda Vista Senior Apartments, which is part of the redevelopment of a former hospital in Los Angeles, has opened.
Affirmed Housing Group Announces Grand Opening of San Diego Seniors Community
Affirmed Housing Group, a San Diego-based affordable housing developer, announced the grand opening of Solterra, an affordable community for seniors in El Cajon, Calif.
AMCAL Announces Grand Opening of L.A. Seniors Apartments
A grand opening heralding completion of the first phase of the Linda Vista Senior Apartments will be held in Los Angeles. The announcement was made jointly by AMCAL Multi-Housing, the community’s developer, and the East L.A. Community Corporation (ELACC).
TODAY’S DEALS: U.S. Bank Closes $55.1M for Affordable Seniors Developments
U.S. Bank paves the way for two Retirement Housing Foundation projects in L.A.; Beech Street closes $8.5 million for a Tampa refinance; and Alliant Capital provides a $975,000 loan.
Maplewood Readies Connecticut Site for Seniors Development
Maplewood Senior Living has closed on a six-acre development site in Bethel, Conn., for an assisted living and memory care facility.