NorSouth Begins Construction of Hearthside Brookleigh for Independent Seniors in Atlanta
The NorSouth Cos. has broken ground on Hearthside Brookleigh, a 121-unit senior apartment community in Atlanta touted by the developer as “amenity rich,” yet affordable. ...
Low-Income Seniors Housing Development Is Under Construction in Mishawaka, Ind.
Construction of Penelope 60 Apartments, a three-story, 50-unit affordable apartment building for low-income seniors is under way in Mishawaka, Ind....
Seniors Housing Occupancies Flat in Second Quarter While Rents Rise, NIC Data Shows
The seniors housing market turned in a mixed performance in the second quarter as rents increased but occupancies remained flat, an indication that the sector could be poised for gains as general economic conditions improve....
Lamar Hunt Family of NFL Fame Jumps into Seniors Housing Market
With wide-ranging ties to many industries, including the oil business, the Lamar Hunt family is probably best known for its association with professional sports. But like a lot of other investors nowadays, the Hunts see opportunity in seniors housing. ...
Prevarian Ramps Up Development of Assisted Living Projects in Texas
A relative newcomer to the seniors housing industry, Prevarian Senior Living is already on an expansion roll. ...
$43.3 Million Recapitalization Paves Way for Renovation of Senior Apartment Community in D.C.
Jair Lynch Development Partners has closed on a $43.3 million recapitalization of Paul Laurence Dunbar Apartments, a 171-unit rental community for seniors, in Washington, D.C. ...
NREI Study Shows Mixed Outlook on Near-Term Direction of Seniors Housing Cap Rates
While the conventional wisdom in the seniors housing industry is that capitalization rates are clearly headed downward, the results of a newly released study conducted by NREI show a much murkier outlook....
Bickford, Harrison Street Form Joint Venture to Invest $200 Million In Seniors Housing
Co-ops for Seniors: Can Minnesota's Success Translate Elsewhere?
Cooperatives for seniors are turning out to be a good investment for the big commercial developer United Properties....
M&A Wave Continues: Brookdale Agrees to Purchase Horizon Bay for $47 Million
The most recent evidence is the $47 million deal announced this month by Brookdale Senior Living to purchase property manager Horizon Bay Realty...
Seasoned Developers Plan Two New Assisted Living/Memory Care Facilities in Central Texas
McFarlin Group and Stroud Development have unveiled plans to build two new assisted living and memory care communities in central Texas. ...
Red Capital Provides $10 Million Bridge Financing for Nursing Home in Tyler, Texas
Red Capital Partners LLC has provided a three-year, $10 million bridge loan to StoneGate Senior Living LLC for Providence Park at Tyler, a 125-bed skilled nursing facility in Tyler, Texas. ...
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