property type: Senior Housing

The Real Deal Harrison Street Real Estate Capital has paid $50.8 million, or $540,425/unit, for Oakmont of Silver Creek, a 94-unit seniors-housing property in San Jose, Calif. The Chicago investment and management firm purchased the property from an affiliate of ...

Rockwood Capital has formed a venture with Doyenne Healthcare Capital, a Chicago investor in seniors and healthcare properties, to pursue investments in seniors properties nationally. The venture has the capacity to invest up to $100 million of equity into the ...

JLL Capital Markets has arranged $51.8 million of financing for the construction of Ativo of Albuquerque, a 144-unit seniors-housing property in Albuquerque, N.M. Link Senior Development LLC of Salem, Ore., is building the property at 4500 Quacker Heights Place NW, ...

Lument has provided $31.6 million of Freddie Mac financing against Keystone Place at Legacy Ridge, a 160-unit seniors-housing property in Westminster, Colo. The loan has a 10-year term and requires only interest payments for the first five years. After that, ...

Multi-Housing News A venture of Watercrest Senior Living Group and Harbert Seniors Housing Fund II has completed construction of the 98-unit Watercrest Richmond Assisted Living Memory facility in Moseley, Va., near Richmond, Va. The property, at 5250 Grandin Ave., has ...

Christopher Honn, a seasoned specialist in seniors-housing lending, has been named managing director of senior housing originations at NewPoint Real Estate Capital LLC. Honn, who is based in Chicago, joined the Plano, Texas, lender from Regions Bank, where he was ...

Seniors Housing Business KIRCO has opened Monark Grove Clarkston, a 148-unit seniors housing property in Clarkston, Mich. The Troy, Mich., developer broke ground for the property, at 7373 Sashabaw Road, in April 2021. It is 40 miles north of Detroit ...