Senior Housing
Senior Housing Industry Tells Investors: Don’t Panic
While senior housing REITs are getting pummeled as investors pull back, fundamentals remain strong and operators are prepared for the crisis.
FOURMIDABLE to Manage 3 Affordable Iowa Communities
The properties total 247 units and mark the company’s first assignments in the state.
New York Senior Community Gets Freddie Mac Refi
Signature Development will use part of the proceeds for capital improvements at the 80-unit property in Niagara Falls.
Pennant Buys, Preserves Affordability of Boston Senior Community
The company acquired the 89-unit affordable property through the Section 13A program.
Civitas Senior Living Breaks Ground on Florida Community
The development is slated to be completed in time for a February 2021 opening.
JLL Brokers Houston Senior Community Deal
Chris Young, Joey Rippel and Bailey Crowell assisted the seller in the disposition, while Mark Brandenburg and Chad Russell arranged financing for the 384-unit property.
Affordable Senior Community Near Providence Lands $43M Refi
Rockport Mortgage provided the FHA Section 223(f) financing for the 327-unit property in New Bedford, Mass.
Senior Living Community Underway Near Sarasota
The 197-unit property, designed to comprise independent living, assisted living and memory care apartments, is scheduled to open in August.
BRIDGE Makes Northern California Affordable Purchase
The company acquired the 130-unit senior community in Freedom with more than $17 million in financing.
Affordable Senior Living Community Opens in West Palm Beach
Related Urban broke ground on the 87-unit property in October 2018, financing the development with almost $16 million in private and public funds.