Senior Housing
Nonprofit Snags $45M Refi for Memphis-Area Senior Community
The funding pays out existing Series 2012 bonds through a Cinderella Refunding scheme.
COVID-19’s Uneven Impact on Senior Housing Occupancy
The National Investment Center for Seniors Housing & Care found that occupancy at assisted living facilities fell to the lowest level on record in May.
Evergreen Lands $16M Refi for Chicago-Area Community
The 134-unit property in Joliet, Ill., caters to seniors aged 62 and over and disabled individuals.
Centers Health Care Secures Financing for New York Skilled Nursing Facilities
Greystone secured the HUD-insured loans for the portfolio totaling 323 beds.
Herman & Kittle Scores $59M for Indianapolis Affordable Project
The 210-unit community in the Wayne East submarket will cater to low-income residents aged 55 and older.
Oppidan JV Debuts Minneapolis Senior Community
The developer broke ground on the $85 million project in 2018.
Elevation Financial Group Picks Up Memphis Property
The company purchased a 155-unit senior housing community, the seventh acquisition by its Elevation Real Property Fund VII in the past ten months.
BridgeForth Capital Refinances Charlotte-Area Senior Community
The firm secured almost $20 million in financing for the 88-unit assisted living and memory care property in Rock Hill, S.C.
Construction Completed on Chicago-Area Senior Housing
McShane Construction Co. completed the 146-unit property located in Naperville, a western suburb.
Saigebrook Development Scores Financing for Texas Senior Project
Hunt Capital Partners provided almost $13 million in LIHTC equity through one of its proprietary funds.