Senior Housing Investments & Acquisitions (8/4/13)

Holiday Retirement Assumes Management of N.Y. Senior Community Holiday Retirement announced in late July it has assumed management for The Manor at Woodside, an independent living community in Poughkeepsie, N.Y., following a recent acquisition from Woodside Associates.  The Manor at Woodside is a 111-unit retirement community featuring a live-in management team available 24 hours a […]

Private REIT Opts to Build Rather Than Buy Senior Housing Assets

While most real estate investment trusts are using their lower cost of capital to acquire income-producing senior housing assets, one private and externally-managed equity REIT is growing its portfolio through ground-up development. Edgewood REIT triple net leases most of its properties to Edgewood Group LLC, a senior housing operator that also owns a development and […]