by Julia DiRubbo | Aug 19, 2021 11:10 am | Developments
Long-time luxury home developer Toll Brothers has joined a slew of other builders to break into the active adult market. It most recently announced the anticipated opening of Regency at Waterside in the Philadelphia metropolitan area, which includes 496 high-end... Read More »
by Julia DiRubbo | Aug 17, 2021 4:37 pm | Financings
Cambridge Realty Capital Companies has provided a $14.1 million HUD loan to refinance Alden Estates of Barrington, a 150-bed skilled nursing facility in Barrington, Illinois. The fully-amortized, 40-year loan was provided for the owner, an Illinois limited liability... Read More »
by Julia DiRubbo | Aug 17, 2021 4:34 pm | Financings
National Church Residences (NCR), the nation’s largest not-for-profit seniors housing provider, has received $21.5 million through KeyBank’s David Lacki to renovate and rehabilitate three affordable senior apartment communities in Florida, Ohio, and... Read More »
by Julia DiRubbo | Aug 13, 2021 3:41 pm | Financings
Axiom Capital LLC has provided a $17.4 million loan for the refinancing of a 178-unit independent living community located in Saratoga Springs, New York. The 10-year, non-recourse loan had a fixed interest rate. Since its inception, the community has been owned and... Read More »
by Julia DiRubbo | Aug 13, 2021 3:37 pm | Developments, Financings
CanAm Capital Partners (CACP) has closed a $10 million mezzanine loan for an affiliate of Lloyd Jones, LLC to build a 159-unit active adult and independent living rental community located on a 10-acre site in Port St. Lucie, Florida. The property will operate under... Read More »