Boston Capital Invests in 61-Unit Affordable Community in Maine

WESTBROOK, Maine — Boston Capital has invested in the development of Robert L. Harnois Apartments, a 61-unit affordable housing development for seniors in Westbrook, a suburb of Portland. The general partner is Westbrook Development Corp., based in Westbrook. Robert L.

Propero Invests in $41.4M Development in Brooksville, Florida

BROOKSVILLE, Fla. — Propero Seniors Housing Equity Fund III LLC has invested an undisclosed amount of equity into Cortez Oaks Health and Rehabilitation, a seniors housing development in Brooksville, located 45 miles north of Tampa and 65 miles west of

All Cashed Up and Nothing to Buy

Private equity funds are flush with capital, but finding quality properties that offer attractive yields is a tall order.

The New Crowd

Healthy returns, favorable demographics lead a rush of investors and lenders into the seniors housing space.

Capital Structures In Flux

From revamped RIDEA structures to renegotiated triple-net lease agreements, owners and operators seek to better align financial interests.

Harrison Street Adds Briana Succop to Marketing Team

CHICAGO — Harrison Street, a Chicago-based investment firm dedicated to the education, healthcare and storage sectors, has hired Briana Succop to the firm’s client services and marketing team as vice president. 

Buy, Sell or Hold?

The preferred investment strategy in today’s tumultuous seniors housing industry can vary greatly by investor type. By Jeff Shaw It would be a gross oversimplification to say that trading is trending down in the seniors housing industry. While the dollar

Greystone Closes $750M Real Estate Debt Fund

NEW YORK CITY — Greystone, a New York-based real estate lending, investment and advisory company, has closed the $750 million Greystone Senior Debt Opportunity Fund.

Kayne Anderson Closes $1.8B Equity Fund

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.

Granite Investment Group Names Ken Hocker as President

IRVINE, Calif. — Granite Investment Group has hired Ken Hocker as the company’s new president. Hocker is responsible for overseeing day-to-day operations and the development and implementation of the company’s strategic plan.