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Seniors Housing

MidwestSeniors Housing

Spellman Brady & Company closes renovation work at Oklahoma City retirement community

St. Louis-based Spellman Brady & Company recently completed the second phase of the extensive renovation and expansion of Epworth Villa, a continuing-care retirement community in…
Staff Writer April 2, 2017
OhioSeniors Housing

Columbus’ Red Capital Partners takes lead on $36 million construction loan for seniors living facility

Columbus, Ohio-based RED Capital Partners, LLC recently lead a $36.4 million first mortgage construction loan to Homestead Senior Living LLC.
Staff Writer April 2, 2017
MinnesotaSeniors Housing

Seniors housing facility sells for $30 million in Minnesota

The Shores of Lake Phalen, an independent living, assisted living and memory care community located in Maplewood, Minnesota, has sold for $30 million or $285,714…
Staff Writer April 2, 2017
MinnesotaSeniors Housing

Oppidan Investment Company starts construction on seniors housing facility in Minnesota

National property development firm Oppidan Investment Company today began construction on White Bear Heights Senior Living in White Bear Lake, Minnesota. White Bear Heights Senior…
Staff Writer April 2, 2017

Greystone closes $44 million sale of Indianapolis-area seniors housing facility

Greystone's Real Estate Advisors group has closed the $44.75 million sale of a two-property seniors housing portfolio in the Indianapolis market.
Staff Writer April 2, 2017
OhioSeniors Housing

Berkeley Point Capital closes $15 million refinance loan for 231-unit seniors-housing facility in Dayton

Berkeley Point Capital recently closed a $15 million refinance loan for the 231-unit 10 Wilmington Place seniors housing complex in Dayton, Ohio.
Staff Writer April 2, 2017
MissouriSeniors Housing

NAI DESCO closes sale of 261,000-square-foot senior-living community in St. Louis market

NAI DESCO recently arranged the sale of one of the largest senior-living communities in the St. Louis area, the Cedars of Town & Country, a…
Staff Writer April 2, 2017
MidwestSeniors Housing

Greenbrier breaks ground on $30M assisted living and memory care facility in Prospect Heights, Illinois

Greenbrier Senior Living, a division of Evergreen Real Estate Group that specializes in the development and management of senior living communities, has started construction on…
Staff Writer April 2, 2017
MidwestSeniors Housing

Developers reach construction milestone for senior living community, Clarendale of Algonquin

Clarendale of Algonquin, the $40-million senior living community in Algonquin, Illinois, that will feature 186 independent living, assisted living and memory care units, is now…
Staff Writer April 2, 2017

Seniors housing is booming, and showing no signs of a slowdown

The seniors housing industry has never been stronger, at least according to a new survey that reports a record number of transactions and nearly $20…
Dan Rafter April 1, 2017
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