Seniors Housing

Ivy Properties, United Properties to start construction on 136-unit seniors housing community in Fridley

Ivy Properties and United Properties, along with capital partner Axial Real Estate Advisors, on March 17 will host a ground-breaking ceremony for the Willows Bend…

Merchants Capital provides financing for 134-unit seniors housing project in Chicago suburb

The Chicago office of mortgage banking company Merchants Capital recently secured funding for the development of Montclare Senior Residences of Calumet Heights, located in the…

Gerdom Realty & Investment negotiates sale of 4.5-acre property in Michigan

The 4.5-acre former Elks Lodge property in Plymouth, Michigan, sold to a senior living developer in early February. The property is located on Ann Arbor…

IECA closes 2020 with the largest C-PACE deal in Kane County

The Illinois Energy Conservation Authority, NFP, an Illinois tax-exempt 501(c)(3) nonprofit organization, (IECA) announced the closing of their largest commercial Property Assessed Clean Energy (C-PACE)…

Sherman Residential unveils new amenity wing for seniors housing center in Kansas

Sherman Residential is proud to debut a newly remodeled amenity wing for its residents of The Sovereign at Overland Park, Kansas. In February, 2020, Sherman…

Colliers Mortgage closes $11 million refi loan for seniors housing in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International|U.S., recently closed an $11 million HUD 223(a)(7) loan for the refinancing of Realife Cooperative of…

JLL closes sale of 66-room seniors community near Minneapolis

JLL Capital Markets recently facilitated the $18.75 million sale of The Estates at Arbor Oaks, an active adult 55+ Community near Minneapolis, Minnesota. JLL worked…

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…

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…

Seniors Housing

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