Seniors Housing

Associated Bank announces $20 million loan for affordable housing property in St. Charles

Associated Bank announced completion of a $20,000,000 acquisition/bridge loan to 3 Diamond Development, LLC for Carroll Tower Apartments, an affordable housing community at 200 N.…

Evergreen Real Estate Group expands national apartment management portfolio

Chicago-based Evergreen Real Estate Group has been retained to manage multifamily communities comprising a total of 1,377 units across Illinois, Minnesota, Ohio and Virginia. The assignments include a…

Lockwood Companies starts construction on Ann Arbor seniors housing development

Lockwood Companies has broken ground on a new senior living community in Ann Arbor, Michigan. Lockwood of Ann Arbor, located at 2195 E. Ellsworth Road,…

Evergreen Real Estate Group moving forward on 120-unit assisted-living community in Indiana

Chicago-based Evergreen Real Estate Group has secured financing for Green Oaks of Valparaiso, a three-story, 120-unit assisted living community for low-income seniors in Valparaiso, Indiana.…

Columbus’ Treplus Communities hires SVP of development and construction

Treplus Communities, a Columbus, Ohio-based developer of upscale 55+ active adult communities, has hired executive James L. "Jim" Lipnos as the senior vice president of development…

One constant: Assisted living facilities are still expensive

The seniors housing market, most notably assisted living, is firmly on the rebound today after a slowdown caused by the COVID-19 pandemic, according to the…

Kraus-Anderson builds $24 million skilled nursing community in Minnesota

Lakeview Methodist Health Care Services has completed construction of a $24 million skilled nursing community at 610 Summit Drive in Fairmont, Minnesota. Built by Kraus-Anderson…

Construction starts on affordable housing for veterans and people with disabilities in Lansing, Illinois

Skender, along with its joint-venture partner Ashlaur Construction, recently broke ground on Torrence Place, a three-story, mixed-use affordable housing and health clinic project for affordable…

JLL Capital Markets sells 107-unit seniors housing community in Minnesota

JLL Capital Markets has closed the $27.3 million sale and arranged the acquisition financing for Frost English Silver, a newly-built, 107-unit, luxury, 55-plus housing community…

Lument provides $25M in short-term bonds and $22.1M in permanent financing for Dallas Affordable Seniors Housing Community

Lument recently announced the successful underwriting of $25 million in short-term bonds and the closing of a $22.1 million Freddie Mac unfunded forward loan as…

Seniors Housing

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