Ariel Fox Design

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    Gables of Troy, a 544-unit community in metro Detroit, will receive a HUD-insured Green Rewards refinancing loan. The 35-year mortgage carries a low, fixed interest rate.

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  • 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.

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    Although creditors are starting to grow cautious due to the current real estate cycle, developers in the Sunshine State continue to secure construction financing in a market showing no signs of a slowdown.

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  • NHI Acquires Ohio Senior Housing Portfolio for $70M

    Totaling 320 units, the communities will be leased to an affiliate of Bickford Senior Living at an initial rate of 6.9 percent with annual fixed escalators and a 15-year maturity.

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    Sheiner Group has acquired Wilshire Pines, a 173-unit property in Tempe. The 1979-built community includes two pools, barbecue areas and covered parking.

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