EW Howell Completes Construction of 89-Unit Community on Long Island
WOODBURY, N.Y. — EW Howell Construction Group has completed Orchard Estate of Woodbury, and 89-unit assisted living and memory care community in Woodbury.
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Congress Building, Consigli Construction Complete $60M Skilled Nursing Facility Near New York City
WHITE PLAINS, N.Y. — A joint venture between Congress Building Corp. and Consigli Construction have completed construction of The White Plains Institute for Rehabilitation and Healthcare in White Plains, about 15 miles northeast of New York City.
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M&T Provides $84.6M Financing for Three Seniors Housing Communities
SPRING LAKE, N.J., NEW YORK CITY and YORKTOWN, Va. — M&T Realty Capital Corp. has provided three loans totaling $84.6 million for seniors housing communities in New Jersey, New York and Virginia.
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Contemporary Provides $2.1M Mezzanine Loan for Skilled Nursing Refinancing in Western New York
NEWFANE, N.Y. — Contemporary Healthcare Capital has provided a $2.1 million mezzanine loan to refinance a skilled nursing facility in Newfane, located along Lake Ontario north of Buffalo.
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NorthMarq Arranges $7.5M Refinancing for Community Near New York City
MOUNT VERNON, N.Y. — NorthMarq has arranged a $7.5 million refinancing for Lohman Village, a 31-unit seniors housing community in Mount Vernon, just north of the Bronx.
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Berkadia Provides $104.3M HUD Financing for Skilled Nursing Facility in New York City
NEW YORK CITY — Berkadia has provided $104.3 million in financing for Workmen’s Circle Multicare Center, a skilled nursing facility in the Bronx.
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Dwight Capital Closes $12.8M Bridge Loan for Assisted Living Community on Long Island
PORT JEFFERSON STATION, N.Y. — Dwight Capital has closed a $12.8 million bridge loan for Woodhaven Center of Care, a 181-bed assisted living facility in the Long Island hamlet of Port Jefferson Station.
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HANAC Completes Construction of $36M Affordable Community in Queens
NEW YORK CITY — HANAC Inc., Enterprise Community Partners and Chase have opened the doors on Corona Senior Residence, an affordable seniors housing community in the Corona neighborhood of Queens.
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Public-Private Partnership Receives $6M Loan for Affordable Community in Manhattan
NEW YORK CITY — The Community Preservation Corp. (CPC), Project FIND, the Joint Ownership Entity New York City (JOE NYC), and the New York City Department of Housing Preservation and Development (HPD) have received a $6 million Fannie Mae Multifamily
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The Sentinel Opens 160-Unit Community in Upstate New York
PORT JERVIS, N.Y. — The Sentinel has opened the doors on The Sentinel of Port Jervis, a 160-unit assisted living community.
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KeyBank Provides $65.9M Freddie Mac Financing for Two Communities in Western New York
ORCHARD PARK and PITTSFORD, N.Y. — KeyBank Real Estate Capital has originated a total of $65.9 million in Freddie Mac financing for two seniors housing properties in Western New York.
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NKF Continues Expansion into Seniors Housing, Hiring Two from Berkadia Team
NEW YORK CITY — Commercial real estate advisory firm Newmark Knight Frank (NKF) has expanded its seniors housing team, hiring Heidi Brunet and Lisa Lautner as executive managing directors.
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New Senior Receives $53M Settlement in Lawsuit Against Its Own Board, Operator, Investor
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR), a New York-based seniors housing REIT, has received $53 million as part of a settlement with members of its own Board of Directors, as well as the company’s largest
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