Senior Housing
NHI Venture Buys Senior Housing Portfolio for $128M
The REIT has teamed up with affiliates of its existing tenant, Discovery Senior Living, to acquire six communities across three states, totaling nearly 600 units of independent and assisted living and memory care facilities.
Senior Housing Demand to Surge Over Next 5 Years
Market forces, demographic changes and an expanding senior population will radically shift the senior housing industry over the next several years, according to a report from Marcus & Millichap.
JV Opens Affordable Senior Community in Metro Miami
The $36 million development is an age-restricted community encompassing 110 units in Broward County. Housing Trust Group and Miami Jewish Health Systems broke ground on the project in 2018.
$118M Affordable Senior Housing Project Opens in NYC
The Tres Puentes Senior Apartments community will provide 175 homes for seniors and individuals with special needs in the Bronx.
Greystone Arranges $72M in Financing for Skilled Nursing Portfolio
The 874-bed portfolio is spread across North Carolina and Kentucky. Managing Director Fred Levine originated the financing in the deal.
Affordable KTGY-Designed Property Opens in the Bay Area
Pauline Weaver Senior Apartments includes 90 units. Eden Housing is the developer of the age-restricted community in the Warm Springs area of Fremont, Calif.
Strawberry Fields Expands Portfolio with $14M Buy
The South Bend, Ind.-based REIT acquired three skilled nursing facilities located in the state of Arkansas, upping its nationwide holdings to more than 70 properties.
St. Louis-Area Assisted Living Communities Change Hands
Cedarhurst Living partnered with Triloma Seniors Housing on the acquisition of two properties totaling 135 units in Madison County. Cedarhurst will manage the communities.
Affordable Senior Housing Breaks Ground in Illinois
The 60-unit Residences of Crystal Lake is slated for completion by March 2020.
Puerto Rico Mixed-Income Community Breaks Ground
Construction has begun on the Jose Gautier Benitez development in Caguas, a 438-unit residential development on the site of a former housing project.