Senior Housing
Senior-Housing Operators Put Safety First
Increases in operating costs and staffing issues are testing investors’ mettle.
New York Assisted Living Facility Lands Construction Financing
Greystone provided the HUD-insured loan for the 84-unit, 110-bed property in Clarence Center.
Walker & Dunlop Arranges Refi for 3 Senior Housing Facilities
The company secured $37 million through HUD’s Lean loan program for properties in Novi, Mich., and Aurora and Kankakee, Ill.
Affordable Housing Investment Closes Iowa Portfolio Deal
Kyle Shoemaker and Dan Piatkowski represented both parties in the sale of two senior housing assets in Waterloo.
HTG Breaks Ground on Miami Affordable Senior Community
The 60-unit community catering to residents aged 62 and over is slated for a 2021 completion.
Pennrose Moves Forward with 2 Ohio Projects
The Ohio Housing Finance Agency has provided housing tax credits to develop affordable housing in Cincinnati and Cleveland.
Atlantic Housing Partners Breaks Ground on Affordable Senior Community
The development will have 88 units designated for residents earning between 40 and 80 percent AMI.
Watercrest Breaks Ground on Upscale Georgia Project
The 98-unit assisted living and memory care community in Macon is slated for a summer 2021 completion.
Evergreen Grows Affordable Housing Management Portfolio
The firm added 11 communities totaling nearly 1,000 units located in Illinois, Minnesota, Ohio, Pennsylvania and Wisconsin.
Presidium Completes 1st Phase of Luxury Senior Housing in Texas
The 188-unit community is scheduled for completion by summer 2020.