Across the U.S., some developers are finding it a little more difficult to get money to build new senior housing projects. And it’s not just the developers saying that. Some of those big national capital providers also agree that construction loans for senior housing are generally harder to come by these days. Issues like construction […]
Construction: Planned Civitas Community Planned in Texas Civitas Senior Living is developing a new senior living community for people ages 55 and up, located in Azle, Texas. The community will be Civitas’ fourth community in Tarrant County and its 25th location, nationwide. Legacy Oaks at Azle will have 123 independent living apartments and 77 assisted […]
Wearables and remote monitoring technology offer many clear benefits for seniors, their families and the communities and home health organizations that support their care. But there are many valid concerns to overcome: what if my seniors won’t wear a wearable? How do I keep their data secure? What kind of Wi-Fi is needed to support […]
(Thrive at Beachwalk, a 125-unit senior living community operated by Thrive Senior Living in Fort Myers, Fla.) Construction: Planned Welltower, Hines Acquire Site to Develop NYC Senior Living Community The New York offices of international real estate firm Hines and Welltower Inc. (NYSE: HCN), this week announced that they have closed on the acquisition of […]
An established senior living developer known for its high-end, technologically sophisticated communities is aiming to take its portfolio to the next level by creating a whole new company focused exclusively on these types of properties. Houston-based PinPoint Commercial, LP does industrial, medical, retail and land development, and also currently has a roughly $160 million portfolio […]
