Senior Housing - West
Cities
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LA Senior Communities Receive $19M Mortgage Financing
The funding, obtained through the company's bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of three affordable developments.
17 August 2017 16:24 -
The Senior Housing Boom’s Ripple Effect
Assisted living occupancy fell to its lowest in eight years, despite record absorption, according to NIC’s 2017 second quarter report. San Jose had the highest occupancy, while Detroit recorded the biggest rent growth.
15 August 2017 19:31 -
Granite Investment Buys OR Memory Care Portfolio
Avalon Health Care Group will manage the two facilities, which mark Granite's first Oregon deal.
04 August 2017 19:01 -
Pacifica Refinances 9 Senior Housing Properties for $78M
Capital One provided the loan for the portfolio, which includes properties in Arizona, California, Florida, Oregon and Utah. The mortgage consists of $67.7 million in initial funding.
28 July 2017 19:10 -
Capital One Closes $12M HUD Loan for Portland Skilled Nursing Facility
The financing proceeds will refinance a comprehensive renovation program of the 128-bed property in Gresham, Ore.
26 July 2017 21:02 -
Security Properties Acquires 2 Portland Assets
Security Properties acquired two properties totaling 228 units located near downtown Portland. The company plans to implement a renovation plan for The Commons in order to preserve the long-term affordability of the building.
21 July 2017 15:31 -
NKF Snags Senior Housing Experts
Rob Black and Sean McNee have joined as senior managing directors in the firm’s San Diego office. The two veterans come from Cushman & Wakefield, bringing 21 years and 17 years, respectively, of industry experience.
06 July 2017 14:26 -
Pathfinder Acquires $16M Senior Housing
The company formed a joint venture with Denver-based Hillcrest Development Group to purchase Shalom Park Senior Living Campus. Pathfinder will implement a $3 million renovation plan and will rebrand the property as V-Esprit.
16 June 2017 17:39 -
Avanath Doubles Sacramento Footprint
In a $56.5 million deal, the company has acquired an affordable housing portfolio totaling 468 units in one of the nation’s hottest markets. The properties cater to seniors, families and mixed-income renters.
15 June 2017 10:05 -
CareTrust REIT Buys Skilled Nursing Facilities in NM, TX
The newly constructed properties are leased to affiliates of OnPointe Health LLC, and were acquired from a Texas developer for some $27.3 million.
07 June 2017 13:29 -
PGIM, Kisco Acquire Bay-Area Senior Living Community
Featuring 187 independent and assisted living residences, Byron Park stands on a 7.3-acre site in Walnut Creek, 20 miles east of San Francisco.
05 June 2017 16:55 -
Bridge Housing Bridges Gap With Bay Area Affordable Community
The company celebrated the completion of the first phase of a mixed-use affordable development and the ground-breaking of the second phase, which will bring 85 adjacent units for low-income seniors.
17 May 2017 16:49 -
CA Senior Living Breaks Ground in AZ
The $25 million Quail Park in Oro Valley includes 101 units, with a portion dedicated to assisted living, and the $32 million Quail Park at Morrison Ranch includes 83 assisted living units and 32 memory care suites.
11 May 2017 15:45 -
Innovative Senior Housing Underway in Contra Costa County
Northern California Presbyterian Homes and Services is developing the first continuing-care retirement community in the area that is part of a larger retail development.
24 April 2017 14:01 -
Bridge Housing Gives Affordable Senior Community a Face-Lift
The company purchased the 100-unit community in 2015 with a view to make capital improvements which ended up totaling $34 million.
21 April 2017 18:35