PHILADELPHIA — Operators in the seniors housing industry have long been awaiting the incoming demographic wave of baby boomers reaching retirement age. Every day in…
Posts published in “News”
WILMINGTON, N.C. — LCS Development has started construction of an expansion at Plantation Village, a continuing care retirement community in Wilmington. The project will add…
DURHAM, N.C. — Ziegler has arranged $130.8 million in bond financing for United Methodist Retirement Homes (UMRH). Based in Durham, UMRH operates three communities in…
NEW YORK CITY and SOUTHFIELD, Mich. — CBRE National Senior Housing has arranged recapitalization and acquisition financing for seven seniors housing communities across three transactions…
FOLSOM, Calif. — USA Properties Fund has started construction on Sage at Folsom, located approximately 25 miles east of Sacramento in Folsom. Sage at Folsom…
GLEN BURNIE, ELLICOTT CITY and COLUMBIA, Md. — Enterprise Community Development has acquired and planned redevelopment projects at three affordable seniors housing communities: Park View…
NEW YORK CITY — Sunrise Senior Living has opened Sunrise at East 56th, a 151-unit high-rise in the Upper East Side neighborhood of Manhattan. Partners…
NEW YORK CITY — Berkadia has provided a $22.6 million HUD loan for the permanent refinancing of Scheuer House of Manhattan Beach, a 149-unit Section…
PHILADELPHIA — After a pandemic that severely impacted occupancy rates across seniors housing — setting and then re-setting record lows — occupancy has rebounded, and…
ORLANDO, Fla. — FK Architecture has completed design work for the second phase of Westminster Baldwin Park in Orlando. The 180,000-square-foot expansion will bring the…
MYRTLE BEACH, S.C. — Watercrest Senior Living Group and equity partners Peninsula Alternative Real Estate and Corecam Capital Partners have completed Watercrest Myrtle Beach Assisted…
SAN ANTONIO — Merchants Capital has arranged $102 million in combined debt and equity financing to support the redevelopment of Granada Senior Apartments, a historic…
MEMPHIS, Tenn. — Sagestone Partners and The Arbor Company have unveiled plans for Opus East Memphis, a senior living facility in Memphis. The 237-unit community…
THE WOODLANDS, Texas — Ziegler has arranged $116.1 million in bond financing for Methodist Retirement Communities (MRC), a nonprofit owner-operator based in the Houston suburb…
ATLANTA — Greystar has opened Overture Powers Ferry, an active adult community in Atlanta. The property is located near The Battery, a popular development surrounding…
KEENE, N.H. — Covenant Living Communities and Services has agreed to acquire Hillside Village Keene, a continuing care retirement community (CCRC) in Keene, just north…
RICHMOND, Va. — Resort Lifestyle Communities (RLC) has opened Tuckahoe Pines Retirement Community, a seniors housing property in Richmond. Development costs were estimated at $30…
Implementing technology is a tricky proposition for seniors housing operators. Will the return justify the expense? Will staff learn and use the technology? Will residents…
MCKINNEY, Texas — Architecture firm “three” has completed design and started construction of Touchmark at Emerald Lake, a seniors housing community in the northern Dallas…
PURCHASE, N.Y. — HJ Sims has arranged $398.1 million in tax-exempt and taxable bonds for Purchase Senior Learning Community Inc., which was formed to develop…