In the Pipeline: Senior Housing Construction Projects (7/17/14)

Construction: Planned Presbyterian Senior Living Awarded Funds to Build Penn. Senior Apartments Presbyterian Senior Living (PSL) this week announced it has been notified that the Pennsylvania Housing Finance Agency (PHFA) has awarded funding to them to build a 50-unit apartment building for low- to moderate-income people age 62 and older. Construction on the Westminster Place […]

In the Pipeline: Senior Housing Construction Projects (5/1/13)

Construction: Planned  ERH to Expand Into Indiana With YMCA Senior Housing Development Episcopal Retirement Homes (ERH) as been awarded competitive tax credits by the Indiana Housing and Community Development Authority for its project, Senior Housing at Anderson YMCA.  The Anderson YMCA project is expected to begin construction in January 2014—with completion anticipated for early 2015—which […]

Holiday Retirement Buys Texas Senior Living Community from Developer

Holiday Retirement recently purchased an active independent living community located in Allen, Tex., from Zerga Development, LLC for an undisclosed price. McKinney-based developer and operator Zerga was the general partner, developer, and operator of the 196-unit property, Parkview in Allen, a HUD Section 221(d)(4)-financed project built in 2006.  Mike Girard and Ed LaFrance of commercial […]