Senior Housing
Is Declining Occupancy Affecting the Senior Housing Market?
Chris Finley, CEO of Lloyd Jones LLC, shares his view on trends in elderly housing investment, the firm’s strategy and future plans. He also predicts how technology will impact the sector.
Walker & Dunlop Taps New Finance SVP
Michael Davis will be responsible for originating multifamily loans through the lending programs of HUD, Fannie Mae and Freddie Mac.
Standard Communities Upgrades San Jose Senior Housing Community
The affordable housing division of Standard Cos. renovated Villa de Guadalupe Apartments, preserving the property’s affordability. The three-story asset serves low-income seniors.
IPA Arranges $23M Sale of FL Lakefront Development Site
Marcus & Millichap worked on behalf of the seller. The new owner intends to break ground next year on a luxury senior living community.
CPDC Breaks Ground on VA Mixed-Income Development
The community in Richmond’s Jackson Ward neighborhood will comprise two buildings, one for low-income seniors and the other dedicated to workforce housing.
Arcapita Acquires Chicago Senior Housing Portfolio
The portfolio is composed of 1,100 units and is the company’s third senior housing acquisition over the last two-and-a-half years.
Affirmed Housing Opens CA Affordable Senior Property
Bella Vita is a 65-unit development in Carson. The community serves low-income seniors and includes 3,000 square feet of commercial place.
Two Senior Housing Communities to Open in North Austin
Fort Worth-based Civitas Senior Living acquired the assets earlier this year and plans to open the facilities later this autumn. The properties include a variety of amenities that promote interaction.
JV Buys Recently Built Chicago-Area Senior Housing Property
Virtus Real Estate Capital and Pathway to Living are the new owners of The Grandbrier at Prospect Heights, a 101-unit assisted living and memory care facility in Prospect Heights, Ill.
Age-Restricted Community in DFW Changes Hands
Marcus & Millichap brokered the sale of the 240-unit senior community located south of central Dallas. The buyer received a $20.3 million, 10-year Fannie Mae acquisition loan.