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    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.

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    Ambrus Co. sold a 207-unit, three-property apartment portfolio to Lion Real Estate Group. The acquisition was sourced off-market from a Los Angeles-based private investor who developed the assets 40 years ago.

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  • Affordable FL Community Lands $7M Financing

    Walker & Dunlop arranged a 35-year loan for William Booth Towers, a 168-unit, age-restricted property west of Orlando’s central business district.

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  • QuadReal Invests $600M in Student Housing JV

    QuadReal invested $600 million of equity into a partnership with CA Student Living (CASL) and GI Partners. The joint venture’s initial portfolio includes 10 geographically diversified properties, developed and managed by CASL, in 10 major university markets across nine states.

    09 May 2017 15:29
  • $8M Senior Housing Opens in KY

    Dominion Senior Living is opening Dominion Senior Living of Richmond, a new senior living personal care and memory care community in Richmond, Ky., where nurses and caregivers are available 24 hours a day.

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    Developed by OliverMcMillan, the Symphony Honolulu includes 388 residential units in the city's Kaka’ako district. The community incorporates water-efficient fixtures and systems reducing potable water use by 35 percent.

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