1031 Crowdfunding Launches Private Senior Housing REIT Aimed at ‘Lower Volatility’ 

A senior living investment company is expanding its reach with the announcement of a new, privately-traded real estate investment trust (REIT) that will create better leeway in navigating senior living investment, according to 1031 Crowdfunding CEO Edward Fernandez. On Thursday, 1031 Crowdfunding announced the launch of the Covenant Senior Housing REIT, Inc, which aims to […]

Transactions and Financings: Helios Arranges $9 Million Loan; Goodman Group Adds Community

Transactions Helios arranges $9 million bridge-HUD loan for Texas senior housing provider Helios Healthcare Advisors announced on Sept. 12 that is has arranged a $9 million bridge-HUD loan for an unnamed Texas senior housing provider. The loan is part of an initiative to “recapitalize the borrower’s” 12-location portfolio, and the loan will be used for […]

Crowdfunding Investor Advances Senior Living Strategy With New Acquisitions

An online real estate investment platform is making a splash in senior living over the next five years with a goal of steadily growing its investment holdings in the industry. The company, 1031 Crowdfunding, recently acquired two memory care and AL communities in St. George and Lindon, Utah, totaling 178 units. The properties are operated […]