Senior Housing
Forum Architecture & Interior Design to Begin Construction on Florida Seniors Community
Forum Architecture & Interior Design Inc., an Altamonte Springs, Fla.-based architectural firm, has started construction on a 173-unit seniors multifamily community in Wildwood, Fla.
2013 Seniors Housing Outlook
Longtime seniors housing expert Mel Gamzon offers insights into the seniors housing market after a particularly strong 2012. This installation of insights from Gamzon examines trends showing why seniors housing is a smart investment in both the short and long term.
Joint Venture Invests in California Seniors Community
The Community Development Trust has recently partnered with Thomas Safran Associates to invest in a 200-unit seniors community in Santa Ana, Calif.
Dana Strand Senior Apartments Wins NAHB’s Gold Award for Best 50+ Affordable Rental Community
Dana Strand Senior Apartments has recently won NAHB’s Best of 50+ Housing Awards—Gold Award for Best 50+ Affordable Rental Community.
NorSouth Development to Develop $16.25M Seniors Community
NorSouth Development announced it is starting construction on a $16.25 million seniors community called HearthSide Sugarloaf in Gwinnett County, Ga., the fifth HearthSide community in the metro Atlanta area since 2010.
West Virginia Seniors Housing to be Rehabilitated
Two West Virginia seniors housing properties have obtained redevelopment financing from Boston Capital. The residential complexes, which total 55 units, will be rehabilitated with an unspecified amount of tax credit equity through the Low Income Housing Tax Credit program.
KTGY Designs Award-Winning $10M Seniors Community
Heritage Oaks Senior Apartments, a seniors community in Oakdale, Calif., has recently opened. The $10 million community is environmentally friendly and has earned LEED Platinum certification.
TODAY’S DEALS: MUSA Provides $39.6M FHA 221(d)(4) Construction/Permanent Loan
MUSA Financial provides the largest FHA 221(d)(4) loan through the Fort-Worth, Dallas HUD hub; Bascom Arizona Ventures completes a $13.6 million buy; and Centerline Capital provides a $4 million refinance loan for a seniors asset in Wisconsin.
Curtain Rises on NoHo Senior Arts Colony in North Hollywood
The newly developed, $32 million NoHo Senior Arts Colony opens this month, the first in the multifamily housing industry’s history to incorporate a professional theater within a seniors rental housing property.
Baptist Gardens Opens in Atlanta
Residents have started moving to Baptist Gardens, an affordable seniors housing property in Atlanta.