Senior Housing
Urban Catalyst Closes $131M OZ Fund
The funds will go towards seven projects in San Jose, Calif., which are expected to start construction in 2021 and 2022.
Ryan Cos. Breaks Ground on $117M Chicago Senior Community
The long-debated project will bring 258 senior housing units and additional commercial space to the city’s Six Corners district.
Aegis Living, Blue Moon Acquire $350M in Senior Housing
The firms predict a resurgence in demand for assisted living and memory care facilities after the sharp occupancy declines of last year.
Senior Housing Occupancy Reaches Record Low of 81%
Pandemic-related disruptions drove occupancy down by 6.8 percentage points from the first quarter of 2020.
Douglaston Lands Financing for $94M Bronx Project
The 188-unit affordable senior housing development will rise near the New York Botanical Garden.
Foundry Commercial JV Buys Kansas City Senior Community
Built in 2015, the community offers 120 assisted living and memory care units across 100,000 square feet.
Millennia Secures $28M Loan for Senior Affordable Housing
The affordable housing operator will use part of the financing for a 14-month comprehensive renovation plan for the New Orleans community.
JASA Lands $75M Refi for Senior Property in Queens
Loan proceeds will fund planned capital improvements to the 512-unit property in the Far Rockaway neighborhood.
Sparrow Breaks Ground on First Senior Community in Oklahoma
The 168-unit community will be home to residents 55 and over, with a planned completion in the spring of 2022.
What to Expect From Senior Housing in 2021
In part one of our 2021 outlook series, Standard Cos.’ Jeffrey Jaeger outlines the main trends and challenges expected to shape the senior housing sector over the next 12 months.