ORLANDO — Boston Capital Finance (BCF) has arranged $21.5 million in bond financing for the rehabilitation of Baptist Terrace, a 14-story affordable seniors housing community…
Posts published in “News”
NEW YORK CITY — A development team consisting of Kayne Anderson Real Estate, Watermark Retirement Communities and Tishman Speyer has opened the $330 million Watermark…
ANNAPOLIS, Md. — Private-pay seniors housing occupancy fell 260 basis points in the third quarter of 2020, from 84.7 percent to 82.1 percent, indicating a…
BOSTON — Rockport Mortgage Corp. has arranged an $81.8 million loan for the refinancing of South Cove Plaza, a 231-unit seniors housing community in Boston.…
The COVID-19 pandemic has been an existential crisis for the seniors housing industry, where the people most susceptible to the disease are the same who…
STUART, Fla. — The United Group of Companies Inc. has received a $32 million construction loan from Knighthead Funding for The Sovana at Stuart, an…
GREENSBORO, N.C. — LCS Development has started construction of a $75 million expansion at WhiteStone, a Masonic and Eastern Star seniors housing community in Greensboro.…
BOSTON — A joint venture led by Taurus Investment Holdings and Northbridge Cos. has acquired six Class A seniors housing properties located in suburban Boston…
COLUMBUS, Ohio — Ziegler has arranged $27.9 million in bond financing Ohio Living Communities. The funds will be used for an expansion project at the…
POINT PLEASANT, N.J. —Crest Pointe Rehabilitation & Healthcare Center has broken ground on a 3,000-square-foot building expansion. The new therapy gym is part of a…
BETHESDA, Md. — Brightview Senior Living has opened Brightview Grosvenor an assisted living and memory care community in Bethesda, approximately 10 miles north of downtown…
GRAND RAPIDS, CHELSEA and DEXTER, Mich. — Ziegler has closed $47.1 million in bond financing for United Methodist Retirement Communities (UMRC) and Porter Hills Presbyterian…
Advocacy Development Partners Completes Entitlements for 83-unit Assisted Living Project in San Jose
SAN JOSE — Advocacy Development Partners (ADP) has received unanimous approval from the San Jose City Council for a new assisted living and memory care…
TOLEDO, OHIO — Welltower Inc. (NYSE: WELL) has sold three separate portfolios totaling $1.3 billion in value. The portfolios comprise 11 seniors housing facilities in…
TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has promoted Shankh Mitra from chief operating officer to CEO. He will replace Tom DeRosa, who is stepping…
BOCA RATON, Fla. — The Jewish Federation of South Palm Beach County has received bond financing for a planned $160 million expansion at The Toby…
LOS ANGELES — MP Los Angeles, the developer behind the massive $1 billion Hollywood Center mixed-use project in Los Angeles, has unveiled plans for 130…
WENTZVILLE and ST. CHARLES, Mo. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two Boulevard-branded seniors housing communities in the St. Louis…
WASHINGTON, D.C. — The Department of Health and Human Services (HHS) will begin accepting applications on Monday for a Phase III distribution of the Provider…
As the seniors housing industry prepares for the incoming wave of future residents — the oldest baby boomers are now 74 years old — operators…