So far, 2017 has been an eventful year for the senior housing industry. In the first week of the new year, the stories dominating industry headlines included a $9.5 million EB-5 fraud scheme, C-suite changes at health care real estate investment trust (REIT) Welltower (NYSE: HCN) and the prospect of shattering existing glass ceilings in […]
PDC Capital
Construction: Planned Big Rock Partners, Millennium Real Estate Group Plan $25 Million Community Big Rock Partners, a national real estate investment management and development firm based in Beverly Hills, Calif., and its joint venture partner Millennium Real Estate Group, of Port Royal, S.C., this week announced plans to begin construction next year on a $25 […]
Construction: Planned PDC Capital Group Invests in Pipeline of Three Northern Calif. Projects Costa Mesa, Calif.-based PDC Capital Group, LLC, has three new SummerPlace Assisted Living & Memory Care facilities planned to break ground next year in Northern California. SummerPlace Westgate, located in West Sacramento, is a $27.5 million that will add 174 units and […]
A California-based private equity firm is moving forward with plans to develop $750 million worth of new senior housing construction over the next three years, for which it’s enlisting foreign investors to help fund a portion of the pipeline. Over the next 36 months, PDC Capital Group, a firm based in Costa Mesa, Calif., will […]
Subscribe
Receive industry updates and breaking news from SHN