Welltower Announces Closing of Expanded $3.7 Billion Unsecured Credit Facility Toledo, Ohio-based real estate investment trust (REIT) Welltower Inc. (NYSE: HCN) announced it has closed an approximate $3.7 billion unsecured credit facility, consisting of a $500 million term loan, a $3 billion revolving line of credit and a CAD 250 million term loan ($193.5 million at exchange […]
Choate Construction
(Pecan Grove independent living building at the Highland Springs retirement community in Dallas — Photo courtesy of Erickson Living) Construction: Planned Episcopal Retirement Homes Plans $110 Million Renovations to 27 Communities Cincinnati-based Episcopal Retirement Homes plans to spend $110 million on renovating 27 of its communities nationwide, reports Cincinnati.com. The not-for-profit senior care provider will be investing in its […]
Construction: Planned Aspire Development Partners, The Arbor Company Plan Ga. Community Ga.-based Aspire Development Partners and The Arbor Company recently announced plans for the development of a cutting-edge senior living community in Georgia’s Cherokee County. The project site is located on Sixes Road near the master-planned Bridge Mill Golf and Country Club community. Construction, which […]
Construction: Planned Developer to Build $17MM, 124-Unit Affordable Senior Housing in Texas Miller-Valentine Group, a Dayton, Ohio-based real estate developer, plans to build a $17.7 million, 124-unit affordable senior housing community in Fort Worth, Texas, reports Fort Worth Business Press. The Reserve at McAlister community will sit on 7.5 acres and will include 22 rental […]
Construction: Planned Developers Plan $40 Million Lake Geneva Senior Housing Whitestone Realty Capital plans to build a $40 million, 126-unit senior housing community near a Lake Geneva resort, reports Milwaukee Business Journal. The development will offer 100 independent living units, 40 assisted and 20 memory care, according to an official from Whitestone cited in the […]
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