News

CBRE Arranges $59M Construction Financing for Seniors Housing High Rise in Houston

by Jeff Shaw April 16, 2018

HOUSTON — CBRE has arranged $59 million in construction financing for The Village of Southampton, a 17-story seniors housing community in Houston.

April 16, 2018

News

Cushman & Wakefield Arranges Welltower’s Acquisition of 176-Unit Community Near Raleigh

by Jeff Shaw April 16, 2018

CARY, N.C. — Cushman & Wakefield Senior Housing Capital Markets Group has arranged the sale of Woodland Terrace, a 176-unit independent living, assisted living and memory care in Cary.

April 16, 2018

News People

Charter Hires Roger Peden as Executive Director of Property in Tennessee

by Jeff Shaw April 16, 2018

HERMITAGE, Tenn. — Charter Senior Living has named Roger Peden II as executive director of Charter Senior Living of Hermitage, and independent living, assisted living and memory care community in the Nashville suburb of Hermitage.

April 16, 2018

News

NIC: Seniors Housing Occupancy Hit Six-Year Low in First Quarter

by Jeff Shaw April 13, 2018

ANNAPOLIS, Md. — Overall seniors housing occupancy hit a six-year low of 88.3 percent during the first quarter of 2018, with assisted living reaching an all-time low of 85.7 percent, according to the National Investment Center for Seniors Housing & Care (NIC).

April 13, 2018

Active Adult Development News

Bozzuto Group Completes 231-Unit Active Adult Community Near Philadelphia

by Jeff Shaw April 13, 2018

KING OF PRUSSIA, Pa. — The Bozzuto Group has completed the development of Canvas Valley Forge, a 231-unit active adult community in the Philadelphia suburb of King of Prussia.

April 13, 2018

Finance News

NorthMarq Arranges $11M Refinancing for 55+ Community Near Tampa

by Jeff Shaw April 13, 2018

NEW PORT RICHEY, Fla. — NorthMarq Capital has arranged an $11 million refinancing for Villas at Hunter’s Ridge, a 221-unit age-restricted community in the Tampa suburb of New Port Richey.

April 13, 2018

Assisted Living Development News

Capitol Seniors Housing Opens $27M Assisted Living Community in Illinois

by Jeff Shaw April 12, 2018

NAPERVIELLE, Ill. — Capitol Seniors Housing has opened Arbor Terrace Naperville, 95-unit assisted living and memory care community in Naperville, a western suburb of Chicago.

April 12, 2018

Development News

Integrated Property Management Plans 101-Unit Expansion Near Houston

by Jeff Shaw April 12, 2018

KINGWOOD, Texas — Integrated Property Management has announced expansion plans for Watercrest at Kingwood, an independent living community in Kingwood, a master-planned community just north of Houston.

April 12, 2018

Development News

Frampton Construction Breaks Ground on Community in South Carolina

by Jeff Shaw April 12, 2018

FORT MILL, S.C. — Frampton Construction Co. has broken ground on The Blake at Baxter Village, an independent living, assisted living and memory care community located in Fort Mill, just across the state border from Charlotte, N.C.

April 12, 2018

Finance KeyBank News

KeyBank Provides $28M Acquisition Loan for 185-Unit Community in Jacksonville

by Jeff Shaw April 11, 2018

JACKSONVILLE, Fla. — KeyBank Real Estate Capital has provided $28 million in financing for the acquisition of Camellia at Deerwood, a 185-unit seniors housing community in Jacksonville.

April 11, 2018

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