property type: Senior Housing

South Florida Business Journal A nonprofit managed by Madelyn Lozano has sold a pair of seniors-housing properties in Hialeah, Fla., for $30.86 million. A company managed by Benjamin Berkowitz of Lakewood, N.J., bought the properties and had lined up a ...

South Florida Business Journal An affiliate of Inspired Healthcare Capital Holdings has paid $52.25 million, or about $201,737/unit, for Heritage Park, a 259-unit assisted-living facility in Delray Beach, Fla. The Scottsdale, Ariz., company purchased the seniors-living facility from ValStone Partners ...

South Florida Business Journal A venture of Landmark Development Corp. and Magnolia Affordable Development has lined up $22.48 million of construction financing for a 106-unit seniors-housing project in West Palm Beach, Fla. TD Bank provided $19 million of the financing, ...

New Perspective has opened New Perspective Arden Hills, a 146-unit seniors-housing property in Arden Hills, Minn. The Minnetonka, Minn., company broke ground on the property in October 2021. New Perspective Arden Hills, at 3565 Pine Tree Drive, is about 10 ...

The Real Deal A venture of Harrison Street Real Estate Capital and Ryan Cos. has paid $63 million, or $338,709/unit, for Clarendale of Algonquin, a 186-unit seniors-housing property in Algonquin, Ill. Harrison, of Chicago, and Ryan, of Minneapolis, purchased the ...

Dallas Morning News AEW Capital Management has bought Preston of the Park Cities, a 129-unit seniors-housing property in Dallas. The Boston investor acquired the building, at 5917 Sherry Lane, from Silverstone Senior Living of Dallas. The sales price as not ...

Commercial Real Estate Direct Staff Report NGI East Bay Portfolio LLC, which indirectly owns the 236-bed Garden Village student-housing property in Berkeley, Calif., has filed for bankruptcy in U.S. Bankruptcy Court for the Northern District of California in Oakland, Calif. ...