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Jacksonville Business Journal A groundbreaking is set for this Thursday on Vicar's Landing at Oak Bridge, a 235-unit retirement community in Ponte Vedra Beach, Fla., about 18 miles southeast of downtown Jacksonville, Fla. The property will have 175 independent-living, 42 ...
Wells Fargo Bank provided a $32.2 million loan to help fund the Harrison/LCB venture's purchase.
Bisnow A venture of Jair Lynch Real Estate Partners and the California State Teachers' Retirement System has broken ground on a 129-unit seniors-housing project in Washington, D.C. The development, at 218 Vine St. NW in the district's Takoma neighborhood, will ...
Commercial Real Estate Direct Staff Report A venture of Harrison Real Estate Capital and LCB Senior Living has paid $48 million, or $533,333/unit, for the 90-unit Residence at Watertown Square seniors-housing property in the Boston suburb of Watertown, Mass. It ...
Denver Business Journal United Properties is planning to develop Applewood Pointe of Westminster, an 85-unit seniors-housing property in Westminster, Colo. The Minneapolis developer expects construction to begin on the project in the summer of 2022. It's being planned for a ...
Healthpeak Properties Inc., the former HCP Inc., is reducing its exposure to the seniors-housing sector, which has been hit hard by the coronavirus pandemic and is subject to increasing supply. It's refocusing its efforts on the life-sciences and medical-office property ...
The age-restricted property, at 1753 156th Lane NW, was completed in 2017 and is 95.5 percent occupied.
Greystone has provided $23.9 million of financing under the U.S. Department of Housing and Urban Development's section 223(a)(7) for the 220-unit Hubbard Hill Retirement Community in Elkhart, Ind. The 30-year loan allowed Hubbard Hill, a non-profit, to retire a HUD ...
Dallas CityBizList A venture of Civitas Senior Living and Journey Capital has broken ground on the 111-unit Harvest of Aledo Senior Living facility in suburban Dallas. The property is being built on 7.5 acres just south of Interstate 20 in ...
An affiliate of Peak Capital Partners has paid $18.8 million, or $284,848/unit, for the Estates at Arbor Oaks, a 66-unit independent senior-living community in Andover, Minn. The Provo, Utah, investor purchased the property from an affiliate of Trident Development, which ...
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© 2020 Commercial Real Estate Direct All rights reserved.