Senior Housing Investments & Transactions: Greystone, Avamere

Greystone Real Estate Advisors Close Sale on 180-Unit Property in Texas Greystone, a real estate lending, investment and advisory company, recently announced its Real Estate Advisors group has closed the sale of Aspens at Twin Creeks in Allen, Texas. Kayne Anderson Real Estate Advisors of Boca Raton, Fla., acquired the stabilized property from Cadence Capital […]

In the Pipeline: Senior Housing Construction Projects (2/13/14)

Construction: Planned North Carolina SNF Plans $3 Million Expansion Liberty Healthcare & Rehabilitation has plans to expand one of its skilled nursing facilities (SNFs) in Advance, North Carolina—a project estimated to cost about $3 million, reports the local Business Journal. Though a general contractor has yet to be selected for the project, Liberty says the […]

In the Pipeline: Senior Housing Construction Projects (7/10/13)

Construction: Planned Autumn Senior Living Breaks Ground on Memory Care Community Earlier this month, Autumn Senior Living announced the groundbreaking on a new memory care community in Sarasota, Florida, reports Bradenton Patch. The project valued at over $65 million will incorporate two phases of construction, with Phase I featuring plans for 80 residences designed in cooperation […]

Senior Housing Investment & Acquisition Round-Up (6/7/2013)

Manor Village Life Centers Sells Senior Housing Property for $31 Million An affiliate of Rauls Convalescent Home Inc., based in Macon, Ga., recently purchased Manor Village at Preston, a senior housing apartment complex, for $31 million, reports the Triangle Business Journal. The new owner is changing the name of  the 166-unit community to Preston Pointe.  […]