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…
Seniors Housing
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…
Associated Bank closes $29 million loan for senior living community in Minnesota
Associated Bank closed a $29 million construction loan to United Properties for the development of a 133-unit senior living community in Bloomington, Minnesota. The project…
KeyBank provides $2 million in financing for affordable seniors housing in Ohio
KeyBank Community Development Lending and Investment (CDLI) secured $2 million of financing for Columbus, Ohio-based National Church Residence, the nation’s largest not-for-profit provider of affordable…
SLIB closes sale of seniors housing facility in Kentucky
SLIB facilitated the sale of the Sterling Meadows assisted-living facility in Mt. Sterling, Kentucky. The facility offers an attractive physical plant while providing the buyer…