Tag: Senior housing
C.W. Driver Companies completes $25 million memory care facility for Town & Country Senior...
C.W. Driver Companies, a premier builder serving California for more than 100 years, announced the completion of Grace Gardens, a 50,564 square-foot, two-story memory...
Marcus & Millichap Capital Corporation arranges $20.25 million seniors housing loan
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged financing of $20.25 million for...
Tech amenities drive occupancy
Senior living providers have found offering technology platforms to residents as an amenity is a driver in boosting occupancy, and the platforms are streamlining...
Seniors housing sector begins to overcome COVID-19 challenges, CBRE survey finds
While senior housing will continue to be impacted over the near term as a result of the COVID-19 pandemic, investors believe the sector has...
Senior housing adopts robots, telehealth to protect residents
“The newly-pioneered technologies will be essential in providing the best care—medical, cognitive and emotional—to the upcoming wave of seniors.” The way we live our lives...
BRIDGE Housing acquires Paloma Del Mar, preserves 130 affordable homes for seniors
BRIDGE Housing has acquired the 130-apartment Paloma Del Mar Apartments in Freedom, a community that is partially within the incorporated city of Watsonville in...
Labor and land costs to impact seniors housing development in 2020
Seniors housing development costs are expected to rise modestly in 2020, with labor and land the primary drivers of higher expenditure, according to the...
AMTEX closes financing and starts construction on 225 apartments for seniors in Austin
AMTEX Multi-Housing, LLC, announced today that it closed financing and started construction on Limestone Ridge Apartments—a multifamily affordable housing community being constructed in Austin...
Trumark Homes introduces company’s first-ever age-qualified community
Trumark Homes, a national award-winning California homebuilder, announced the debut of the model homes for Origin at The Collective, the homebuilder’s inaugural age-qualified 55+...
Cushman & Wakefield arranges $61 million sale of The Barrington of Carmel
Cushman & Wakefield has negotiated the sale of The Barrington of Carmel, a 267-unit, entrance-fee continuing care retirement community (CCRC) in the Indianapolis suburb of Carmel,...
HUD expands housing preservation program to include senior housing
In an effort to preserve and improve critically needed affordable housing for low-income seniors, the U.S. Department of Housing and Urban Development (HUD) announced...
Clarendale of Addison hosted ribbon cutting event
Clarendale of Addison, a new senior living community located off Route 53 and I-355 in Addison officially opened its doors last. The Clarendale team...
Affordability extended at Reading Housing Community for Seniors and Disabled Residents resulting from $10.2...
Senior citizens and disabled residents living at the 74-unit Peter Sanborn Place in Reading will have their affordable rents extended for at least 24...
Cushman & Wakefield arranges $35 million sale of Wildewood Downs
Cushman & Wakefield has negotiated the sale of Wildewood Downs, a 248-unit, entrance-fee continuing care retirement community in Columbia, South Carolina. The Tampa, Florida-based Cushman & Wakefield...
Walters brings 91 affordable senior housing units to Seaside Heights
Walters, an award-winning developer based in Barnegat, N.J., has completed Cornerstone At Seaside Heights, a new premium age and income-restricted apartment community. Walters redeveloped...