In the Pipeline: Senior Housing Construction Projects (6/12/13)

Construction: Planned  Senior Housing Plan in Palo Alto Raises Local Concern Palo Alto city officials are preparing to rule on a development that has stirred local anxieties—a project including 60 housing units for low-income seniors, Palo Alto Online reports. The City Council will consider approving a zoning change that would allow the nonprofit Palo Alto Housing […]

Aviv REIT Buys Four-Property Senior Living Portfolio for $14.1 million

Four assisted living communities under the Hampton Manor brand and operated by Concordis Senior Living were recently sold for $14.1 million to Aviv REIT, announced Senior Living Investment Brokerage. The communities are Hampton Manor West, Hampton Manor Gardens, Hampton Manor North, and Hampton Manor Ormond Beach, sold for what equates to a price per unit […]