In an environment marked by robust development and tenuously low interest rates, now is a time of action for owners of seniors housing properties, according to the 2016 Seniors Housing Market Outlook from Senior Living Investment Brokerage.
News
BROCKPORT and QUEENSBURY, N.Y. — Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in institutional and major private real estate investors, has arranged the $48 million sale of two memory care and assisted living communities in New York State.
DENVER and COLORADO SPRINGS, Colo. — A joint venture of Arcapita, a global investment management firm, and MorningStar Senior Living, an owner/operator based in Denver, has acquired a three-community seniors housing portfolio in Denver and Colorado Springs for $85 million.