Senior Housing
Today's Deals: Post Properties Completes $184.7M Prepayment on MF Notes
Post Properties completes a prepayment on notes secured by six properties; and Senior Housing Properties announces a termination of 10 leases with Sunrise Senior Living.
Wartburg Puts Financing in Place for Affordable Seniors Housing
Wartburg Adult Care Community has completed the financing for Friedrichs Residence, a four-story building with 61 affordable senior apartments on a 34-acre site in Mt. Vernon, N.Y.
South Bend to Welcome New Senior Housing Development
Ground was recently broken on a new affordable housing community in the northern Indiana city of South Bend.
Affordable Seniors Housing Benefits from Unique Financing Transaction
A unique financing agreement recently allowed for the redevelopment of an affordable seniors housing community in San Francisco.
Senior Housing Developer Returns Funds to City
In an unusual event in multifamily development, AMCAL Multi-Housing Inc. recently returned about $519,450 to the city of Rancho Palos Verdes, Calif., after the completion of its Mirandela Senior Housing project.
Georgia City Sees its First Affordable Seniors Community
The city of Johns Creek, Ga., will soon have its first affordable seniors living community. NorSouth Development Company has broken ground on HearthSide Johns Creek.
Prime Location Keys Success of Georgia Senior Apartments
HearthSide Towne Lake, a new senior living community north of Atlanta, is generating strong interest from active, independent older adults.
TODAY’S DEALS: Marcus & Millichap Sells 2,253-Units
Marcus & Millichap brokers the sale of a nine-property portfolio; Health Care REIT completes a $632.5M public offering; and Dome Equities acquires a 220-unit property.
Nonprofits Team to Keep Connecticut Seniors Housing Property Affordable
Preservation of Affordable Housing and Mercy Loan Fund have partnered to keep Torringford West Apartments an affordable property.
Affordable Seniors Redevelopment Near Completion in SW Chicago Suburbs
The full renovation of the Thornwood House Apartments in southwest suburban University Park is nearing completion. The affordable rental apartment building includes units designed for seniors 62 years or older and persons with disabilities.