Senior Housing
The Community Development Trust and Southport Financial Services Acquire Affordable Seniors Community
The Community Development Trust and Southport Financial Services have announced a joint venture to purchase an affordable seniors community called Steinbeck Commons in Salinas, Calif.
MHN TV: John McIlwain on Municipal Response to Seniors Housing Needs
ULI Senior Resident Fellow John McIlwain evaluates how urban and suburban municipalities are responding to the preferences of the current and upcoming generations of seniors, based on his research for the newly released report Housing in America.
Affordable Seniors Housing Opens in Heber City, Utah
The grand opening of Prestige Senior Living Center, a 23-unit affordable senior housing community in Heber City, Utah, took place earlier this month.
AIA and Perkins Eastman ‘Design for Aging Review’ Explores Senior Housing Best Practices
What are the best practices and emerging ideas in senior housing design? The Perkins Eastman Research Collaborative explores this question in its recently released “Insight and Innovations: The State of Senior Housing.”
Pennrose Properties and dmhFund Team for First Philadelphia LGBT-Friendly Seniors Community
Pennrose Properties and The Dr. Magnus Hirschfeld Fund have begun construction on William Way, the first urban LGBT-friendly affordable senior housing development, in Philadelphia’s “Gayborhood” section.
Tricorp Hearn Celebrates Completion and Grand Opening of Foothill Farms Senior Apartments
Tricorp Hearn Construction recently celebrated the completion of Foothill Farms Senior Apartments, a $26 million, 138-unit affordable housing facility.
NorSouth Constructs’ Project of the Year is Green Community for Seniors
NorSouth Constructs has announced the opening of Oliver House, the second phase of a $30 million redevelopment of Allen Wilson Terrace Public Housing by the Decatur Housing Authority.
Pennrose Senior Development Awarded LEED Silver Certification
Pennrose, a Philadelphia-based real estate development company, achieved LEED Silver certification by the U.S. Green Building Council for its Neston Heights Senior property, located at 210 Jones Houston Way in Easton, Pa.
SRP Medical and Frontier Management Announce New Assisted-Living Facility
SRP Medical and Frontier Management have unveiled plans for a new seniors housing property in the southwest part of Fort Worth, Texas. The facility will include 105 residences with assisted living and memory-care services.
TODAY’S DEALS: HCP to Buy 133 Senior Communities for $1.73B
HCP to buy $1.73 billion in seniors housing; PRG buys a 216-unit asset in Durham; and Boston Capital invests in two affordable seniors rehabilitation projects.