In the Pipeline: Senior Housing Construction Projects (11/10/16)

Construction: Planned Civitas Community Planned in Texas Civitas Senior Living is developing a new senior living community for people ages 55 and up, located in Azle, Texas. The community will be Civitas’ fourth community in Tarrant County and its 25th location, nationwide. Legacy Oaks at Azle will have 123 independent living apartments and 77 assisted […]

Senior Housing Finance Activity: NHI, Capital Funding

NHI Announces $14 Million Construction Mezzanine Loan National Health Investors, Inc. (NYSE: NHI), a real estate investment trust (REIT) specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments, has entered into a construction mezzanine loan commitment with its tenant, Senior Living Communities, LLC (SLC), for the development of […]