Privately owned real estate and private equity firm Pacifica Companies has purchased a 15-community portfolio from Retirement Housing Foundation. That’s according to an April 19 press release from Chicago-based specialty investment bank Ziegler, which advised on the $180.5 million transaction for the non-profit. The purchased portfolio represents “the majority of RHF’s presence in market-rate senior […]
Retirement Housing Foundation
Acquisitions National Church Residences Buys Near Atlanta National Church Residences announced it finalized the purchase of a senior living community located on a larger campus called Christian City in Union City, Georgia. The community — called Garden Terrace — adds 20 affordable senior living units to the National Church Residences portfolio and brings its total […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Veterans-focused community planned in Utah Real estate developer TWG recently announced plans for a senior living community serving military veterans in Murray, Utah. The […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
LeadingAge and Ziegler have teamed once again to release their collaborative analysis of the largest not-for-profit senior living providers in the U.S., but this year the rankings go beyond the traditional top-100 to include the 150 largest organizations in the first-ever LZ 150. Now in its 11th edition, the LZ 150 ranks the largest nonprofit […]
Construction: Planned Jacksonville, FL Senior Living Towers to Undergo $8.5M Makeover A 12-story affordable senior living apartment complex in the San Marco neighborhood of Jacksonville, Florida, will soon undergo an $8.5 million renovation, reports Jacksonville Daily Record. Previously known as Baptist Towers, The Towers of Jacksonville senior living complex will be remodeled by The FaverGray […]
Many developers and operators see affordable senior housing as a strong area of potential growth in the future, but the sector is not without its challenges, writes National Real Estate Investor. Citing $55.1 million provided recently by U.S. Bank toward the development by Retirement Housing Foundation of two affordable seniors housing properties near Los Angeles, which […]
U.S. Bank (NYSE: USB) is providing more than $55 million in financing to Retirement Housing Foundation (RHF) toward the development of two affordable senior housing communities in Los Angeles. Both communities are scheduled to break ground this month, utilizing $24.9 million in construction debt and $30.2 million in low income tax credits provided by U.S. […]
Construction: Planned Pa. Retirement Community Seeks Zoning for 40-Unit Expansion Various professionals from Dunwoody Village—a retirement community in Delaware County, Pennsylvania—made presentations to Newtown supervisors May 13 for a proposed expansion of the existing community, reports Delaware County News Network. Today, the property is currently zoned SU-1 and contains 240 residential independent living units, 81 […]
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