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 ...
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 disclosed, but the ...
California investor Craig Thralls has sold the 284-unit Wildomar Senior seniors-housing property in Wildomar, Calif., in the state's Inland Empire region, for $28.5 million, or $100,352/unit. The property, at 32365 South Pasadena St., has 176 independent-living units and 108 assisted-living ...
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. ...
South Florida Business Journal A venture that includes the Archdiocese of Miami is developing a 150-unit seniors-housing property in Pompano Beach, Fla. Bank of America has provided $34 million of tax-exempt financing, while Broward County, Fla., provided an $8.25 million ...
California investor Craig Thralls has sold the 284-unit Wildomar Senior seniors-housing property in Wildomar, Calif., in the state's Inland Empire region, for $28.5 million, or $100,352/unit. The property, at 32365 South Pasadena St., has 176 independent-living units and 108 assisted-living ...
Multi-Housing News Harbert South Bay Partners will break ground soon on the James, a 350-unit seniors-housing property in Irvine, Calif. The Dallas developer will build the eight-story property at 16542 Millikan Ave., about 39 miles south of Los Angeles. It ...
Marquee Capital has launched capital-raising efforts for Marcus Real Estate Fund II, through which it aims to raise $100 million that it would use to primarily target retail power centers in the Midwest. The fund also would target seniors-housing properties ...
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