Senior Housing
Study Finds Boomers Unhappy with Traditional Retirement Communities
A recent study reveals that “traditional” retirement communities might become a thing of the past for boomers, unless some important changes are made.
LGBT Affordable Seniors Housing is First for Philadelphia
In a landmark decision for Philadelphia, the Pennsylvania Housing Finance Agency voted to provide a reservation of Low Income Housing Tax Credits, which will generate up to $11 million for the first LGBT-friendly affordable senior housing facility in the state.
Ground Breaks for Affordable Housing Property in Columbus
Ground has been broken for Franklin Station, a 100-unit affordable apartment property in Columbus that will serve elderly and special-needs homeless people.
MHN TV: Senior Housing Industry Trends
Sharon Yester, chief asset management officer, CNL Financial Group, discusses senior housing trends and explains why now is a good time to invest in multifamily.
N.C. Affordable Seniors Housing Gets $3.75M Construction Loan
Ardsley Commons, an affordable apartment development for seniors in Locust, N.C., has obtained a $3.75 million construction loan.
WNC & Associates Opens Affordable Housing Unit in Claremont
Courier Place Apartment Homes, a 75-unit affordable housing complex for seniors and families, opened in Claremont, Calif., thanks to a partnership between WNC & Associates Inc. and Jamboree Housing Corporation.
TODAY'S DEALS: Cohen Financial Secures $48.8M for 12 Bay Area Communities
Cohen Financial secures financing for 12 properties; Marcus & Millichap brokers the sale of a seniors housing asset near Chicago; and Hendricks & Partners brokers a $5 million sale.
New Affordable Housing for California Seniors
AMCAL Multi-Housing recently announced the grand opening of their Montecito Terraces community, an affordable housing development for low-income seniors in the San Fernando Valley.
TODAY'S DEALS: Related, Shoma Buy 48 Acres for Mixed-Use Development
The Related Group and Shoma Group buy land for a mixed-use development; Boston Capital closes an affordable seniors housing construction loan; and George Smith Partners clinches a $1.5 million acquisition financing at 90 percent LTC.
TODAY'S DEALS: Dornin Acquires Seniors Housing Community in California
Dornin Investment Group purchases a 122-unit seniors community located in San Marcos, Calif.; AIG Global Investment Group sells a three-property portfolio in New Jersey; and Marcus & Millichap closes the $1.5 million sale of a 16-unit property.