Financings Regions closes on $21 million for construction The healthcare real estate team of Regions Bank closed on a loan for more than $21.7 million at approximately $271,000 for new construction. The loan will build an 80-unit community located in Los Angeles County. The borrowers are a joint venture that includes a developer/owner, a partner/operator, […]
Spectrum Retirement Communities
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. Submissions are currently open. Construction: Complete First Residents Move into Massachusetts Community The first group of residents has moved in at Salmon at Medway, a Salmon […]
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. View this year’s winning entries here. Construction: In progress Confluent, MorningStar Break Ground on Denver Project Confluent Senior Living and MorningStar Senior Living have broken ground […]
Construction: In progress Watercrest Breaks Ground on South Carolina Community Watercrest Senior Living Group and its equity partners, Peninsula U.S. Real Estate and Corecam Capital Partners, have broken ground on a new community in Myrtle Beach, South Carolina. The community, Watercrest Myrtle Beach, has 98 units, with amenities such as a promenade, fireplace, water wall, […]
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One of the nation’s largest commercial real estate and finance companies is entering the senior housing space, with help from one of the industry’s fastest-growing operators. Inland Private Capital Corporation (IPC), the investment arm of Oak Brook, Illinois-based Inland Real Estate Group of Companies, on Wednesday announced the launch of a new investment platform focused […]
Spectrum Retirement Communities, a Denver-based senior housing developer, owner and operator, is adding an extra 1,000 units to its portfolio by 2021 via a fund it is currently marketing to investors. Spectrum Development Opportunity III has a minimum investment of $2 million, and Spectrum has already raised $60.5 million with a target of $100 million, […]
Apollo Global Management Targeting $1 Billion Fund Apollo Global Management is reaching out to investors about its third real estate fund, according to Bloomberg. And it is shaping up to be a big one. Apollo, which recently completed a $264 million acquisition of 17 senior housing communities from HCP, wants to raise at least $1 […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Planned Spectrum Community to Move Forward in Illinois The Village of Algonquin Trustees has […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: In progress Kendal Breaks Ground on Expansions for Virginia CCRC The Kendal Company recently celebrated […]