Senior Housing
Harlem Affordable Property Lands $18M Overhaul
Originally built as a hospital, Mannie Wilson Towers offers 102 units for residents 62 and over.
WNC Raises $176M for Institutional LIHTC Fund
The capital will be used for more than 2,000 affordable housing units spread throughout 32 communities.
Standard Communities Enters New Jersey With Atlantic City Buy
With a total capitalization of $38 million, the deal extends the senior housing community’s affordability for another three decades.
Miami Senior Housing Project Lands $42M Loan
BHI Healthcare Group secured two notes to finance the 201-unit luxury development in Richmond Heights.
Olshan, O’Connor Capital Break Ground on Bronx Affordable Project
Parkchester Gardens will encompass a total of 221 units, of which 67 will cater to formerly displaced seniors.
Dominium Breaks Ground on Georgia Affordable Development
The 202-unit community catering to adults aged 55 and over is the company’s first project in Newnan.
Standard Communities Picks Up Virginia Senior Property
The total capitalization for the 597-unit Chesapeake asset was $68 million, including renovation and other costs.
Skilled Nursing Occupancy Declines: NIC|MAP
Occupancy hit new lows, slipping 13.8 percent below pre-COVID levels, according to the latest report.
KeyBank Provides $23M Financing for Pennsylvania Affordable Community
The adaptive reuse project will transform a former school into a 50-unit property catering to seniors 62 and over.
CBRE Adds SVP to Senior Housing Capital Markets Team
John Sweeny handled more than $3 billion of senior housing transactions throughout his career, bringing more than 15 years of experience to his new position.