Senior 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.
Spectrum Retirement to Add 2 Properties in Suburban Chicago
The communities located in Elgin and Algonquin are set to provide a total of 341 units, including independent living, assisted living and memory care facilities.
NorCal Senior Community Changes Hands
Gerson Bakar & Associates traded the 154-unit property for $29 million, with the buyer securing a nearly $30 million acquisition and development loan.
Strategic Student & Housing Trust Acquires $92M Portland Asset
The 286-unit Courtyard at Mt. Tabor marks the REIT’s fourth acquisition in the senior housing sector since entering the market in February.
Walker & Dunlop Secures $20M Loan for Affordable TN Asset
Vice President Rob Rotach secured the financing for the 153-unit Dandridge Towers, an age-restricted asset in southern Nashville, through the HUD program.
Greystone Closes Sale of TX Senior Housing
The Aspens at Wade Park in Frisco includes 162 units and features a pool, a movie theater and a salon.