Senior housing bondholder beats outside lender to finance bankrupt assisted living provider … Arkansas to study higher Medicaid funding for assisted living operators … Atlas Senior Living forms affiliate...
Bankruptcies and closings continue for senior living and skilled nursing facilities
By
Amy Novotney
Sep 01, 2021
The global pandemic’s continued challenging operating environment is forcing several more senior living and care facilities to file for bankruptcy or announce plans for closure.
Actions & Transactions, Sept. 1
By
Amy Novotney
Sep 01, 2021
Maplewood Senior Living opens its first New Jersey location … Volunteers of America breaks ground on Phase II of Las Vegas affordable seniors housing project … Standard Communities expands presence...
Actions & Transactions, May 10
By
Amy Novotney
May 10, 2021
Swenson completes San Jose, CA, senior housing project … Ryan Companies, Grand Living, Castletop Capital partnering to develop, design-build, own and operate new upscale senior living community in Austin,...
Chicago launches accessory dwelling unit pilot program to help ease housing shortage
By
Amy Novotney
May 04, 2021
Applications are now being accepted from property owners in five pilot areas in the city of Chicago to allow for the creation of accessory dwelling units, or ADUs, in an effort to expand housing across...
Actions & Transactions, May 3
By
Amy Novotney
May 03, 2021
Senior living community for retired entertainers to benefit from $300 million fundraising effort
… Affordable senior housing communities set to receive $8M in renovation funding … Alpha Accredited...
Actions & Transactions, April 29
By
Amy Novotney
Apr 29, 2021
Greystone provides $29.9M HUD-insured loan to refinance 174-unit affordable senior housing property in Pomona, CA … Houston’s Montrose Center opens $26.5M LGBTQ-affirming affordable senior housing...
Actions & Transactions, April 26
By
Amy Novotney
Apr 26, 2021
Ziegler closes $39M in Series 2021 Bonds for Pennsylvania Green House home Londonderry Village … West Harlem Group Assistance receives $18.2M in HDC Fannie Mae Risk Share financing to renovate affordable...
Distressed SNFs finding they have plenty of buyers: JLL
By
Amy Novotney
Apr 21, 2021
The skilled nursing industry has faced pandemic-fueled challenges over the past year, resulting in lots more empty beds. Despite this reality, real estate owners selling some of those underperforming properties...
WNC raises $176M in LIHTC equity to develop, renovate affordable housing for seniors, others
By
Amy Novotney
Apr 21, 2021
Real estate investment firm WNC announced Tuesday that it has closed on its latest institutional tax credit fund, raising $176 million in low-income housing tax credit equity that will be used to develop...