The long-term prospects are encouraging for this specialty segment, The long-term prospects are encouraging for this specialty segment, but facilities with more care options have recently gained favor.
If a borrower today complains about the growing challenge of securing construction financing for a seniors housing project, the likelihood is that what he really means to say is a non-recourse loan at 75 percent loan-to-cost is no longer available.
LENEXA, Kan. — Ziegler has arranged $52 million in bond financing for Lakeview Village, a 747-unit continuing care retirement community in Lenexa, a suburb of Kansas City.
ROGERS and BENTONVILLE, Ark. — Evans Senior Investments (ESI) has arranged the sale of a two-property seniors housing portfolio in Arkansas for $38 million.
GREENWOOD VILLAGE, Colo. — It’s Never 2 Late (iN2L), a digital engagement platform for seniors housing residents, has moved its headquarters to Greenwood Village, a suburb of Denver.
BOCA RATON, Fla. — Kayne Anderson Real Estate, a Boca Raton-based private equity investor, has closed its fifth opportunistic equity fund, Kayne Anderson Real Estate Partners V.
PALM DESERT, Calif. — The Wolff Company, an Arizona-based private equity firm and developer, has acquired property in Palm Desert with plans to build a seniors housing community on the plot.