property type: Senior Housing

Sacramento Business Journal Alta Senior Living has bought the Village at Heritage Park, a 162-unit seniors-housing property in Sacramento, Calif., for $22.6 million, or $139,506/unit. The North Palm Beach, Fla., company, which specializes in owning, developing, and managing seniors properties, ...

REBusiness Online Evergreen Real Estate Group has started work on the 80-unit Leyden Senior Apartments in Franklin Park, Ill. The Chicago developer is building the property at Mannheim Road and Nevada Avenue, about 17 miles west of Chicago. The development ...

Minneapolis/St. Paul Business Journal Focus Healthcare Partners has paid $78 million, or $270,833/unit, for SilverCreek on Main, a seniors-housing property with 288 units in Maple Grove, Minn. The Chicago company purchased the property from Artemis Real Estate Partners of Chevy ...

Commercial Real Estate Direct Staff Report A venture of CREC Real Estate LLC and Calida Group has sold the 121-unit Coronado Ridge Skilled Nursing and Rehabilitation Center in Henderson, Nev., for $33 million, or $272,727/unit. CREC, of Columbus, Ohio, and ...

Commercial Real Estate Direct Staff Report The national occupancy rate for seniors-housing properties in the 31 markets tracked by the National Investment Center for Seniors Housing & Care, or NIC, had increased to 87.2 percent in the fourth quarter from ...

Multi-Housing News Celadon Partners has broken ground on the 147-unit Deerfield Supportive Living seniors-housing property in Deerfield, Ill. The Chinese developer is building the property at 1101 Lake Cook Road, about 26 miles north of Chicago. The project is expected ...