In the Pipeline: Senior Housing Construction Projects (8/31/17)

Construction: Planned Smith/Packett Planning $15 Million Community in Virginia Smith/Packett has plans to build a $15 million assisted living community in Roanoke, Virginia. The community, Pheasant Ridge Assisted Living, will open with 90 units, an on-site chef, round-the-clock concierge service and a variety of recreational activities, reports TV news station WDBJ7. Senior Housing Planned in South Carolina CR […]

Senior Housing Finance Activity: CBRE, Grandbridge

Hunt Mortgage Group Finances 19-Property Multifamily Portfolio in California New York City-based Hunt Mortgage Group, which finances commercial real estate across the United States, closed on a complex multifamily portfolio deal, placing 19 individual Freddie Mac Small Balance loans on 19 properties located throughout the Los Angeles area. The Hunt Mortgage Group investment is $31.6 […]

In the Pipeline: Senior Housing Construction Projects (6/11/15)

(The Westerly Residences and Wichita Presbyterian Manor – Photo courtesy of Presbyterian Manors of Mid-America) Construction: Planned LTC Properties Buys Land for New Chicago-Area Memory Care Development LTC Properties, Inc. (NYSE: LTC), a real estate investment trust (REIT) based in Westlake Village, Calif., this week acquired 3.5 acres of land in Tinley Park, Ill., a south suburb […]