Senior Housing
$80M Luxury Community for Seniors Coming to Long Island
Triangle Equities is teaming up with GTIS Partners to develop Kensington Estates, an upscale community targeting seniors aged 55 and over in Woodbury, N.Y.
Senior Housing Community Breaks Ground in NY
Construction has begun on Atria New City, a $30 million, 80-room assisted living and memory care facility in Clarkstown, N.Y.
Senior Housing Demand Matched by Supply
While the increase over the third quarter of 2018 was small, it marked the first time in three years that demand and supply matched, according to the National Investment Center for Seniors Housing & Care.
$30M Senior Living Project Breaks Ground in Suburban Chicago
Scheduled for completion in mid-2020, the three-story assisted living and memory care community will bring 86 residential suites to Highland Park, Ill.
Miami Investor Acquires NH Senior Housing Asset
Black Salmon’s $28 million purchase of the New England community marks the commercial real estate company’s first foray in the senior housing sector.
Jonathan Rose Cos. Sells Affordable NJ Asset
SVN Affordable assisted the company in the $47.5 million sale of St. Mary’s Villa, an age-restricted property encompassing 360 one-bedroom units.
Evergreen Real Estate Grows Affordable Housing Management Portfolio
The Chicago-based firm added nine communities totaling more than 1,000 affordable housing units located in Illinois, Kansas, Ohio and Wisconsin.
Meridian Senior Living Acquires 2 RI Communities
Totaling 272 beds, Chapel Hill and Smithfield Woods include assisted living, memory care and skilled nursing services. The company will also manage the assets.
LCS Adds 2 Senior Living Communities to Growing Portfolio
The senior living operator acquired two Life Plan communities located in Essex, Conn., and Palm City, Fla.
MHN’s Top 10 Posts from 2018
Miss out on any MHN articles? Catch up with our most popular posts of the year.