ATLANTA — The seniors housing industry is undoubtedly in a seller’s market right now, with record-high sales prices and record-low capitalization rates. How, then, do investors find properties worth buying in such a hot market? Industry experts discussed this topic at a panel entitled “Investment Market Update: Who’s Buying, Who’s Selling & Will Velocity Keep Going Up and Cap Rates Keep Going Down?” at the recent InterFace Seniors Housing Southeast conference in Atlanta.
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American House, REDICO Break Ground on Phase III of Bonita Springs Community in Southwest Florida
by Jeff Shaw
BONITA SPRINGS, Fla. — American House and REDICO, a national real estate development and investment firm, have broken ground on 88 independent living apartments in the third and final phase of American House Bonita Springs Senior Living community in Florida.