Hebrew SeniorLife, the Roslindale nonprofit that operates elder housing, healthcare, and research facilities, secured $457 million in funding last week. Construction on the $485 million dollar project began last summer and is scheduled to be completed in 2009. The community in Dedham will house about 800 seniors and have home for independent living, assisted living […]
Category: Development
For certain low income seniors in San Franscisco, California, they are receiving the opportunity of a lifetime to enjoy the fruits of living in the Mission Bay area at outrageously low rents in comparison to comparable properties in the Bay Area. The Mission Creek Senior Community building, which fronts Mission Creek Estuary, is a subsidized […]
Legendary businessman Sam Zell’s Equity International acquired two minority interests in senior housing developers in Great Britain and New Zeland. The two privately held companies that were invested in were London-based Renaissance LifeCare PLC and Sanctuary Residences of Auckland, New Zealand. With aging populations and a lack of high-quality housing, retirement real estate presents a “considerable […]
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