CBRE helps sell 90-unit seniors community in Red Wing
CBRE has arranged the sale of Downtown Plaza, a 90-unit independent 55-plus senior living community at 434 W 4th St. in Red Wing, Minnesota. An…
Seniors Housing
Ryan Companies breaks ground on Six Corners project
Ryan Companies, LCS Real Estate and Harrison Street have closed financing and begun construction on Clarendale Six Corners, a senior living community to be located…
Horvath & Tremblay sells Burbank Manor Apartments for $14.6M
Andrew O’Connell and Anthony Spangler of Horvath & Tremblay completed the sale of the Burbank Manor Apartments in Burbank, Illinois. Horvath & Tremblay exclusively represented…
Foundry Commercial closes on seniors housing community in Kansas
Foundry Commercial announced the closing on The Piper, a seniors housing community in Kansas City, Kansas, as part of a recently formed real estate joint…
Draper and Kramer expands Texas portfolio with purchase of 121-unit Adriatica Senior Living
Draper and Kramer, Incorporated has added to its national portfolio of multifamily properties with the purchase of Adriatica Senior Living, a 121-unit, amenity-rich rental community…
Colliers Mortgage closes pair of loans for age-restricted communities in Minnesota
The Minneapolis office of Colliers Mortgage, part of Colliers International, has provided two HUD 223(a)(7) loans totaling more than $7.304 million for the refinancing of…
United Properties closes on sale of 8 acres of land for seniors housing project in Minnesota
United Properties has closed on the purchase of eight acres of land at 801 Carlson Parkway in Minnetonka, Minnesota. Five acres are slated for a…
KeyBank provides $31 million of financing for Columbus seniors housing provider
KeyBank Real Estate Capital and KeyBanc Capital Markets secured $31 million of financing for Columbus, Ohio-based National Church Residences, the nation’s largest not-for-profit provider of…
Over the hill: Can senior housing surmount the challenges of a COVID-19 reality?
Just last year, the senior housing sector was a surging asset class, with new developments popping up all over the map in hopes of capturing…
Pioneering affordable senior housing community breaks ground in Evanston
Evergreen Real Estate Group, along with Council for Jewish Elderly (doing business as CJE SeniorLife), announced the start of construction on Evanston Senior Housing, a…