Category: Development

Mainstreet’s Crowdfunding Investors See Quick 14% Return

Just more than a year after Indiana-based Mainstreet crowdfunded $1.6 million within a month toward a new senior living development, the property has been sold and investors have already seen a 14% return, but the developer isn’t sure if it’s a fundraising model likely to Read More »

Senior Housing Finance Activity: Ziegler, Greystone

Greystone Provides $58 Million Refinancing Loan for California Community Greystone, a real estate investment, lending and advisory company, has provided a $58,340,000 Freddie Mac loan to refinance Varenna at Fountaingrove in Santa Rosa, California. The facility is owned and operated by affiliates of Oakmont Senior Read More »

Senior Housing Newcomer Targets Secondary Markets for Regional Pipeline

Some senior living developers are candidly taking on the toughest markets for development, where they know demand for senior housing will always be strong based strictly on demographics coupled with high barriers to entry for providers. But one southeastern developer that launched a senior housing Read More »

Former Merrill Gardens Execs Launch New Senior Housing Startup

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2Ten Consulting is a new name in senior housing, but it boasts an impressive pedigree and already is quietly making an impact on the sector. In March, 2Ten launched with Tana Gall and Jason Childers at the helm as co-founders and principals. Both are prominent Read More »

Apartment Operator Enters Senior Living With Historic Turnaround

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Recognizing that the aging U.S. population is set to drive demand to unprecedented levels, companies that have focused on other kinds of real estate now are turning to senior housing. For instance, recent months have seen multifamily mainstays Alliance Residential and Drever Capital Management enter Read More »

Titan Deal Will Make America’s Largest Senior Community Even Bigger

The Villages in Florida

The fastest-growing U.S. metro is already a haven for the nation’s aging population. And it’s about to get even bigger. Florida is often considered a retirement destination for snowbirds and seniors looking to live in a mild climate. Although The Sunshine State didn’t make the Read More »

Mainstreet Launches Capital Raising Arm to Support Ambitious Pipeline

With a robust acquisition and development pipeline already in the works, Mainstreet is further expanding its capital raising efforts via a multi-pronged capital markets initiative, which will create a new broker-dealer channel within the company along with a new private equity fund. The Carmel, Ind.-based Read More »

Most Read: Innovation is the Future, Developer Targets High-Tech Communities

In case you missed them, here are the top headlines grabbing SHN readers’ attention this week: Taking Assisted Living from Small-Time to Regional Power Player—Since its founding in 2002, one assisted living provider has grown to become one of the major senior housing players in Read More »

Why Senior Living Must Change ‘Dramatically’ by 2050

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Ideas abound about the future of senior living—what it will look like, where it will be located, and whether it will take the form of the traditional communities of the past. Certainly today’s innovators in senior living are interested not just in what works today, Read More »

In the Pipeline: Senior Housing Construction Projects (2/5/15)

Construction: Planned Georgia Developers Partner on New Senior Living Project Canopy Lifestyles and Campus Realty Advisors have joined to announced their newest senior living community to be developed in Braselton, Ga., the companies announced this week. The residence will offer independent, assisted living and memory Read More »