Oppidan Investment Company sells 77-unit seniors housing facility in Minnesota
Oppidan Investment Company recently closed the sale of Red Rock, a Class-A senior living facility in Woodbury, Minnesota.
Seniors Housing
McShane Construction Company to build fourth phase of Lodge of Northbrook seniors community
McShane Construction Company was recently awarded the fourth phase of The Lodge of Northbrook by developer Essex Communities. This fourth phase is the final stage…
Bickford Senior Living and Harrison Street Real Estate Capital form Joint Venture
Bickford Senior Living, a Kansas City-based developer and operator of assisted living and memory care communities, and Harrison Street Real Estate Capital, a Chicago-based real…
Minnesota’s Oak Grove Capital originates $15 million loan for seniors project
St. Paul, Minn.-based Oak Grove Capital recently originated a $15 million Freddie Mac fixed-rate loan for the refinance of Stafford Hill Assisted Living in Plymouth,…
CRL breaks ground on 88-bed senior living community
CRL Senior Living Communities has broken ground on a new Alzheimer's/memory care and assisted living residence in Highland Park. The new Arbor Ridge Manor, located…
Everest Real Estate Advisors closes on $12 million loan for seniors housing facility in Minnesota
Minneapolis-based Everest Real Estate Advisors recently closed on a $12 million loan for Select Senior Living, a 90-bed senior housing facility in Coon Rapids, Minn.
Walker & Dunlop provides $12 million loan to senior center in Minnesota
Walker & Dunlop recently provided a $12.08 million loan under the U.S. Department of Housing and Urban Development's Section 232/223(f) program for Select Senior Living…
Seniors housing sector benefiting from improving occupancies
While the reimbursement-dependent portions of the seniors housing market remain at a crossroads, other sectors are benefitting from the improving economy and housing market.
Ohio’s RED Capital Group hires industry veteran to help expand healthcare, seniors housing divisions
With the hiring of industry veteran Kathryn Burton Gray, Columbus, Ohio-based RED Capital Group moved forward with an expansion of its healthcare and seniors housing…
Marcus & Millichap helps close sale of continuing care retirement communities in Iowa
Marcus & Millichap Real Estate Investment Services in conjunction with independent investment bank Brown Gibbons Lang & Co., has arranged the sale of two continuing…