Construction: Planned Senior Community Planned in California Located in Morgan Hill, California, Steadfast Senior Living is planning a new community with 67 senior apartments for assisted living and memory care. The community will be 62,000 square feet and will have options of studio, one-bedroom and two-bedroom residences. The apartments will range between 400 and 1000 […]
Housing & Healthcare Finance Announces New CEO Housing and Healthcare Finance (HHC) announced Keith D. Reuben as its new CEO. In addition, Erik Lindenauer will serve as the firm’s executive chairman, and Richard Lerner will serve as the firm’s executive vice chairman. The three will comprise HHC’s board. Reuben brings more than 20 years of […]
(Rendering of The Buckingham located in Houston, Texas — Photo courtesy of The Buckingham) Construction: Planned Presbyterian Homes Plans $49.5 Million Redevelopment Project GracePointe Crossing, a Presbyterian Homes & Services senior living community, is planning a redevelopment project in Cambridge, Minn. The first phase of the project is expected to being in the fall. The community […]
(Photo of Sagewood’s Acacia Health Center located in Phoenix, Ariz. — Photo courtesy of Sagewood) Construction: Planned Stonecrest Community Planned, Town and Country, Mo. The official ground breaking in planned for next week in Town and Country, Mo. for Stonecrest, a premier assisted living and memory care community. Stonecrest is managed by Integral Senior Living […]
Isaac Losh Joins Senior Star as Vice President of Acquisitions Senior Star, a Tulsa, Oklahoma-based real estate services company committed to senior housing, announced Isaac Losh has joined the company as vice president of acquisitions. In this position, Losh will focus on aspects of the acquisition/merger life cycle, including the identification, underwriting and execution of […]
Construction: Planned Autumn Senior Living Breaks Ground on Memory Care Community Earlier this month, Autumn Senior Living announced the groundbreaking on a new memory care community in Sarasota, Florida, reports Bradenton Patch. The project valued at over $65 million will incorporate two phases of construction, with Phase I featuring plans for 80 residences designed in cooperation […]
After snapping up several large ‘Class A’ senior living portfolios between 2011 and the present, real estate investment trusts (REITs), hungry to keep their margins healthy, are casting wider nets that may include off-market deals, other asset types, and new development. “The biggest challenge the REITs are currently facing is a shortage of quality properties […]
Construction: Planned Senior Housing Group Plans Construction on Minn. Multi-Care Community Saint Therese, a Catholic-based senior care organization, plans to break ground on a new campus in Woodbury, Minn. this fall, the local Patch reports. The community, Bielenberg Gardens, will be located at the southwest corner of Radio Drive and Bailey Road in Woodbury, and […]
Enterprise Homes Gets Approval to Build 72 Affordable Senior Housing Units Enterprise Homes recently got approval from the Baltimore County Council to build 72 affordable senior housing units in Baltimore Highlands, Md., reports the Baltimore Sun. The development would be called the Greens at English Consul, and would be located on 4.53 acres of land […]
