KeyBank provides $36 million for Ohio nursing home deal
KeyBank Real Estate Capital has provided Foundations Health Solutions a total of $36.3 million through the FHA 232/223(f) loan program to acquire a four-property portfolio…
Seniors Housing
Belmont Village opens info center as construction continues in Lincoln Park
Belmont Village Senior Living and members of the Lincoln Park community recently cut the ribbon on the company's information center at 2322 N. Lincoln Avenue…
Supply and labor concerns in the senior housing sector
Approximately 150 industry professionals crowded into the University Club on Wednesday, November 7th for REjournals' 10th annual Chicago Senior Housing Real Estate Conference. While the…
Q&A with James Keledjian, principal at Pathway to Living
In a recent survey of senior housing investors, nearly two-thirds of respondents expected the size of their portfolios to swell over the next 12 months.…
Multicultural retirement community, Verandah, to open in suburban Chicago
Aman Living, a Frankfort, Illinois-based developer will host a grand opening of its newest Chicago-area development, Verandah Retirement Community on October 28. Located at 900…
Greystone provides $15 million in financing for Ohio seniors facilities
Greystone has provided $15 million in bridge financing for the acquisition of two skilled nursing facilities in Youngstown, Ohio. The loan was originated by Fred…
Capital One closes $17 million refinance of Michigan seniors community
Capital One has provided a 35-year, fixed-rate $17.1 million HUD 232/223(f) loan to refinance a 104-unit skilled nursing facility in Romeo, Michigan, in the northern…
Friedman sells 17 acres in Michigan for future seniors community
Friedman Real Estate recently sold 17.5 acres of land located at Maple & Haggerty road in Commerce Township, Michigan.
McShane Construction breaks ground on senior housing facility for Avenida Partners
As the baby boomer generation continues to age, the need for additional senior housing also grows. McShane Construction Company was recently contracted by Avenida Partners…
ARCO/Murray wraps construction of seniors facility in Indiana
ARCO/Murray recently finished construction in Kokomo, Indiana, for Vermillion Development on the first of five Silver Birch seniors housing projects going up within a year.