STOW, Mass. — MassDevelopment has issued $25.7 million in tax-exempt bond financing to fund renovation and expansion of Elizabeth Brook Apartments, an affordable seniors housing…
Posts published in “Development”
ROCHESTER, N.Y. — KeyBank has arranged a $571.7 million financing package for Andrews Terrace, a 526-unit affordable seniors housing property located along the Genesee River…
This article is available as part of your SHN+ membership Nineteen leaders of senior living operators contributed their thoughts to our annual “Executive Forecast” articles,…
WILLIAMSBURG, Va. — Ziegler has arranged $76.9 million in bond financing for an expansion project at Williamsburg Landing, a continuing care retirement community in Williamsburg.…
The senior living industry could be in need of over 200,000 new units by 2025, a figure that at current construction rates, remains out of…
NORTHVILLE, Mich. — Resort Lifestyle Communities has opened Willow Pines, an independent living community in Northville, approximately 25 miles northwest of Detroit. Willow Pines offers…
VIRGINIA BEACH, Va. — Ziegler has arranged $423.5 million in bond financing for Westminster-Canterbury on Chesapeake Bay (WCCB), a continuing care retirement community in Virginia…
NEW YORK CITY — Queens Development Group, a joint venture between Related Cos. and Sterling Equities, has broken ground on the first phase of a…
HUNTINGTON, W.VA. — Cornerstone Community Development Corp. plans to convert the historic Prichard Hotel in downtown Huntington into an affordable seniors housing property. The $51…
The number of new senior living community construction starts is likely to reach a low point in 2024 not seen since the start of the…
MIRAMAR, Fla. — Pinnacle has received $41.2 million in financing to start construction of Pinnacle at La Cabaña, a 110-unit affordable housing development for seniors…
WASHINGTON TOWNSHIP, N.J. — Meyer has opened The Chelsea at Washington Township, a luxury assisted living and memory care community located in the Washington Township,…
BELLWOOD, Ill. — Evergreen Real Estate Group has completed Bellwood Senior Apartments, an 80-unit affordable seniors housing community in Bellwood, a western suburb of Chicago.…
Liberty Senior Living is testing a new and unique ownership structure at a new development in the Charleston, South Carolina area. The company is underway…
WEST ORANGE, N.J. — The Alpert Group LLC has broken ground on a 65-unit affordable seniors housing community in West Orange, approximately 20 miles west…
PHILADELPHIA — The wants and needs of the labor force in seniors housing are different today than they were pre-pandemic, forcing operators to adapt on…
BROOKLINE, Mass. — Kisco Senior Living has opened The Newbury of Brookline, a 159-unit seniors housing community in the first-ring Boston suburb of Brookline. Part…
Register to Watch the Webinar The Dec. 7 webinar “What Will 2024 Hold for Seniors Housing Investment & Acquisition Activity?” covered where the industry stands now…
WASHINGTON, D.C. — Enterprise Community Development Inc. has received an undisclosed amount of financing for Edgewood Commons V, a 151-unit affordable seniors housing community in…
WASHINGTON TOWNSHIP, N.J. — Chelsea Senior Living has opened The Chelsea at Washington Township, an assisted living and memory care community in Washington Township, a…