Red Stone Companies

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  • Work Begins on Seniors Housing in Suburban Rochester

    Ground has been broken on Long Pond Senior Housing, an affordable supportive seniors housing development in the town of Greece, a suburb of Rochester, N.Y. When the first phase is complete, the property will include 54 one- and two-bedroom units.

    Northeast 21 October 2014 19:17

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  • Parc Takes a Walk in TX

    Parc at Traditions, a 159-unit luxury senior community, marks the company’s first property in Texas. The asset is opening its doors this fall and will provide independent living, assisted living and memory care services.

    05 September 2017 16:26
  • Taurus Snags $56M MA Property

    The investment firm acquired Wellington Parkside from SMC Management. The Everett community was built in 2015 and includes 190 units.

    19 April 2017 15:31
  • Changing the HVCRE Rules: What to Expect

    In a strict lending environment, the clarification of High Volatility Commercial Real Estate (HVCRE) regulation could help improve loan terms for investors and developers. However, the long-awaited changes, stipulated in a bill referred to the House Financial Services Committee, have little chance of being approved and implemented, Alston & Bird's Gregg Loubier told MHN.

    18 July 2017 18:29
  • Domus Development Taps New President

    Maurice Ramirez brings more than 25 years of industry experience to his new role, having contributed to the development of thousands of affordable housing units in California.

    15 June 2017 13:05
  • NJ Senior Community Lands $8M Refi

    Magnolia Gardens Assisted Living was subject to a 35-year loan. Laura Saull-Smith arranged the financing for the 79-unit community located in Toms River, N.J.

    17 October 2017 14:16
  • Castle Lanterra Adds to TX Portfolio

    A joint venture between Greystar and The Carlyle Group sold Agave, a 349-unit Class A community near the CBD of San Antonio.

    11 May 2017 16:40
  • Dougherty Secures $15M HUD Loan for Ohio Community

    Olive Branch Townhomes, a 176-unit affordable housing property in Batavia, Ohio, will benefit from the refinancing. Dominium Development & Acquisition is the sponsor of the project.

    05 May 2017 13:35
  • Indianapolis: Full Speed Ahead

    Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.

    27 June 2017 09:55
  • New DFW Affordable Senior Living to Open This Fall

    Mustang Creek Estates will build a 42,000-square-foot assisted living and memory care community in Sachse, Texas. The new development will comprise six homes, each housing up to 16 seniors.

    22 May 2017 15:34
  • Jacksonville Set for Economic Expansion

    Multifamily remains a solid investment in the metro, where both employment and population are growing. In turn, these positive demographic changes are creating strong rental demand.

    09 October 2017 12:39