CRL looks to expand into Chicago
As the new majority shareholder of CRL Senior Living Communities, Ari Weinberger has set his sights on the Chicago market, where he hopes to expand…
Senior Housing
Red Mortgage Capital provides permanent financing for three assisted-living communities in Ohio
Columbus, Ohio-based Red Mortgage Capital, LLC provided permanent financing for three assisted-living senior communities in north-central Ohio. To do this, the company used FHA Section…
The Admiral at the Lake tops-off construction on new facility
The Admiral at the Lake is on schedule to be completed in spring of 2012, when the $145 million, 31-story high-rise will open at Foster…
Harrison Street Real Estate acquires $125-Million, eight-property senior housing portfolio
Harrison Street Real Estate Capital, on behalf of Harrison Street Real Estate Partners III, LP, announced that it has completed the off-market acquisition of an…
Chicago’s Cerulean Partners purchases senior living community near Las Vegas strip
Chicago's Cerulean Partners in February acquired Destinations at Eastern, a 116-unit independent senior living community in Las Vegas.
CBRE Capital Markets arranges $42M in construction financing for Midwest senior care facilities
CBRE Capital Markets' National Senior Housing has arranged $42 million in construction financing for Aspired Living of Westmont and Azpira Place of Lake Zurich.
Affordable senior housing community opens in Englewood
Sangamon Terrace Apartments, a new four-story building of affordable senior housing near 63rd and Halsted streets in Chicago's Englewood neighborhood, has been completed, according to…
Construction on Coralville’s new senior living community to begin this fall
Grand Living and Ryan Companies US, Inc. are in plans to develop Grand Living in Coralville, a senior living community located near the intersection of…
Construction begins for Minnesota senior housing property, The Grainwood
Dominium announced that construction has started at The Grainwood, a new affordable senior housing property located at 5101 Gateway St SE in Prior Lake, Minnesota.
Flaherty & Collins Properties, Evansville Housing Authority break ground on two RAD projects
Flaherty & Collins Properties and the Evansville Housing Authority (EHA) broke ground on two Rental Assistance Demonstration (RAD) projects, June 29 in Evansville, Indiana, to…