property type: Senior Housing

Washington Business Journal A venture of Kisco Senior Living and Welltower Inc. has paid $44 million, or $301,369/unit, for the 146-unit Seneca senior-living property in the Washington, D.C., suburb of Rockville, Md. The venture bought the four-year-old property, at 55 ...

South Florida Business Journal A pair of tenant-in-common investors has bought the 403-unit East Ridge at Cutler Bay in Cutler Bay, Fla., for $24 million, or $59,553/unit. Both TIC groups are managed by three Montvale, N.J., investors: Barry Braunstein, Samuel ...

Commercial Real Estate Direct Staff Report Canyon Partners Real Estate has provided a $47 million senior loan against American House Oak Park, a 174-unit seniors housing property in Oak Park, Ill. The loan was arranged by Newmark on behalf of ...

Commercial Observer Citadel Senior Housing has paid $45 million, or $152,542/unit, for the 295-unit Kittay Senior Apartments at 2550 Webb Ave.in the Bronx, N.Y. The Brooklyn, N.Y., company bought the property from New Jewish Home, which had owned it for ...

Commercial Real Estate Direct Staff Report PGIM Real Estate has provided $50 million of financing against Trulee Evanston, a seniors-housing property with 160 units in Evanston, Ill. The loan, which pays a floating-rate coupon, was arranged on behalf of the ...

Trinity Community Development Foundation has lined up $134.26 million of bond financing for Millenia Moments Orlando, a 261-unit seniors-housing project that's currently under construction in Orlando, Fla. The tax-exempt notes were underwritten by JLL Securities and HJ Sims. They have ...

Commercial Real Estate Direct Staff Report International Equity Partners has paid $34.5 million, or $154,708/unit, for two seniors-housing properties with a combined 223 units in Los Alamitos, Calif. The North Hollywood, Calif., investment management firm purchased the properties from an ...