Senior Housing
Senior Housing Occupancy Slips to All-Time Low
Properties across the country sustained declines in the second quarter, according to the National Investment Center for Seniors Housing & Care.
HTG Breaks Ground on Central Florida Senior Affordable Project
The 96-unit development in Ocala is slated to be completed in June 2021.
Pennrose Debuts Massachusetts Senior Development
The 55-unit, mainly affordable project stems from the conversion of a 1920s school in Auburn.
Fairstead Makes Boca Raton Senior Housing Purchase
The buyer plans to invest $6 million in fully rehabilitating the 101-unit property.
Lancaster Pollard Arranges Refi for Massachusetts Skilled Nursing Facility
Aaron Becker and Adam Walter secured the financing for the 123-bed facility in Holden.
Watercrest Senior Living Breaks Ground on Myrtle Beach Development
Watercrest Myrtle Beach Assisted Living and Memory Care will feature 98 units and first move-ins are expected late next year.
Sherman Associates Sells Minnesota Affordable Community
JLL represented the seller in its disposition of the historic property converted to residential use in 1980.
Hampstead Development Lands $28M for Salt Lake City Asset
The 80-unit senior community caters to residents earning 60 percent of the area’s median income.
Tryko Partners Expands Greater Philadelphia Portfolio
The company purchased a two-facility asset providing skilled nursing and personal care services in Springfield, Pa., its fourth investment in the region.
Tryko Partners to Purchase Rhode Island Facility
The company intends to invest $5 million at the 200-bed skilled nursing property in North Providence.