WICHITA, Kan. — KeyBank Community Development Lending and Investment (CDLI) has provided an $11.3 million tax-exempt construction and permanent bond loan for the acquisition of…
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FORT WASHINGTON, Pa. — Ziegler has arranged $199.4 million in bond financing for Acts Retirement-Life Communities. Based in Fort Washington, Acts is the third largest…
DULLES, Va. — M&T Realty Capital Corp. has provided a $23 million FHA-insured loan to refinance of a 166-bed skilled nursing facility in Dulles, a…
ORLANDO and WINTER PARK, Fla. — Strive Senior Living, based in Orlando, has acquired Sutton Homes, based in Winter Park. Sutton Homes is a 25-year-old…
ST. PAUL, Minn. — Ryan Cos. has broken ground on the redevelopment of a 122-acre former Ford plant in St. Paul’s Highland Park neighborhood. Named…
WASHINGTON, D.C. — The American Health Care Association (AHCA) and National Center for Assisted Living (NCAL) have issued a letter to the National Governors Association…
DENTON, Texas — Investcor has completed the renovation of Fairhaven Assisted Living, a historic senior living building in Denton, approximately 35 miles north of Fort…
VIERA, Fla. — ConcordRENTS has started construction of Venue at Viera Senior Living Apartments, a 145-unit affordable seniors housing community in Viera, a master planned…
The active adult segment, sometimes referred to as 55+ housing, has a bright future according to many of its developers. To stay ahead of the…
ANNAPOLIS, Md. — Private-pay seniors housing occupancy fell 2.8 percentage points in the second quarter of 2020 from 87.7 percent to 84.9 percent, according to…
WASHINGTON and CALIFORNIA — MedCore Partners and The National Realty Group, together with BMO Harris Bank and Locust Point Capital, have acquired a 582-unit independent…
ALGONQUIN, Ill. —McShane Construction Co. has started building The Oaks at Algonquin, an independent living, assisted living and memory care community in Algonquin, a northwest…
WELLINGTON, Fla. — Resort Lifestyle Communities (RLC) is scheduled to break ground on July 23 for Palomino Gardens, an active adult community in Wellington, approximately…
AUBURN, Mass. — Pennrose has closed on financing for the redevelopment of the Mary D. Stone school building in Auburn, a suburb of Worcester. The…
WASHINGTON, D.C. — Despite the ongoing effects of the COVID-19 pandemic, which has a higher mortality rate among seniors than other age groups, a recent…
CORAL GABLES and WEST PALM BEACH, Fla. — ZOM Senior Living and Watermark Retirement Communities have acquired two seniors housing development sites in Coral Gables…
HOLDEN, Mass. — Lancaster Pollard Mortgage Co. has arranged a HUD loan totaling $16.2 million to refinance Holden Rehabilitation and Skilled Nursing Center in the…
ATLANTA — Georgia Governor Brian Kemp has signed House Bill 987, adjusting the state laws for assisted living and personal care home residents amid the…
MANHEIM, Pa. — Ziegler has arranged $53 million in financing for Pleasant View Communities, which operates a continuing care retirement community in the South Central…
ORANGE CITY, Fla. — ConcordRENTS has scheduled a late summer grand opening for Parc Hill Senior Living Apartments, a $15 million affordable seniors housing community…