Assisted Living
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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.
Detroit 15 August 2017 19:31 -
Watercrest Breaks Ground on FL Senior Community
In partnership with Providence One Partners, Watercrest Senior Living Group started work on Sage Park Assisted Living and Memory Care near Orlando. The project will feature 128 luxury units and several wellness programs.
Orlando 02 August 2017 14:07 -
Tradition Senior Living Enters Houston
The company broke ground on a 316-unit community slated for completion in late 2018. The two-building property will offer a continuum of care, including independent living, assisted living and memory care.
Houston 01 August 2017 15:03 -
Dekel Provides Equity for Senior Facility in Ventura County
The Dekel Strategic Investors platform has now provided more than $100 million in equity since its inception in 2014.
Los Angeles 26 September 2016 15:30 -
Hines, Welltower Tap Sunrise Senior Living for NYC Project
Sunrise Senior Living was chosen to operate an upcoming senior living community under development by Welltower and Hines in Midtown Manhattan.
New York 11 August 2016 19:08 -
Upscale Senior Housing Breaks Ground in Baton Rouge
A joint venture between CR Properties and Cardinal Ventures is bringing senior housing with a resort-like feel to the Grove neighborhood.
South 26 April 2016 14:03 -
Avanti Senior Living Plans Additional Senior Housing in Louisiana
The new development will include 60 assisted living units and 50 memory care units.
South 08 December 2015 12:46
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HFH Acquires $51M CA Property
Stepp Commercial represented both sides in the sale of Patio Gardens, a 127-unit community in Long Beach that will undergo an extensive renovation.
12 July 2018 14:40 -
Multifamily Rents Leveling Off in 2018
In an interview with MHN at the 2018 ULI Spring Meeting, USC Lusk Center for Real Estate Director Richard Green shared his insights on the state of the industry and the challenges facing the sector.
08 May 2018 15:43 -
Western Wealth Sells 79 Phoenix-Area Units
Scottsdale Haciendas previously traded in 2014, when the current seller shelled out $9.1 million for the value-add asset located close to McDowell Road.
13 September 2018 13:52 -
Brooklyn Braces for Banner Year
Most of the upcoming multifamily supply is geared toward the market’s Lifestyle segment. That will intensify the borough’s severe affordability crisis.
24 October 2018 13:17 -
MWest Holdings Expands SoCal Footprint
The company has added to its portfolio Sunset Gardens, a value-add townhome community located in Canoga Park, Calif. The property will be rebranded as NoVa Townhomes.
24 May 2018 18:02