Senior Housing
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.
Growth for Brightview Senior Living
Brightview Senior Living announced that they are gearing up to add approximately 15 new communities in the next few years.
Growth for Brightview Senior Living
Brightview Senior Living announced that they are gearing up to add approximately 15 new communities in the next few years.
TODAY'S DEALS: Stiles Breaks Ground on Mixed-Use Development
Stiles begins a 321-unit mixed-use development in Florida; Concordia buys two seniors housing assets; and Meridian’s Carlsbad, Calif., office arranges over $100 million in financing in its first year.
Claremont's Courier Place a Multi-generational Trailblazer
With its recent grand opening, the 74-unit Courier Place Apartment Homes became the first-ever multi-generational affordable housing to be developed by Jamboree Housing Corporation.
TODAY'S DEALS: AvalonBay Buys N.J. Asset for $63M
AvalonBay buys a 334-unit community in central New Jersey; ARA brokers the sale of a site approved for a seniors housing development in Denver; and Meridian Capital negotiates financings in the New York metro area.
CNL Lifestyle Properties to Acquire Georgia Assisted Living Communities
Orlando real estate investment trust CNL Lifestyle Properties, Inc. announced last week its intention to acquire four Atlanta-area assisted living communities from current owner Solomon Holdings III Dogwood Four LLC, Orlando.
Renters Savor Condo-Quality Features in Whitehall, Pa.
When development of Horizons at The Village at Whitehall began four years ago, the active adult community was envisioned as a for-sale property. But a funny thing happened on the way to sold-out status.