by Zach Alexander | Aug 29, 2022 9:57 am | Acquisitions
Capital Real Estate Group’s U.S. Healthcare Investment Sales practice announced the sale of a two-property senior housing portfolio consisting of 139 total units in central Michigan. Both communities were built in 2016, and the portfolio’s apartment mix consists of 88... Read More »
by Zach Alexander | Aug 29, 2022 9:54 am | Developments, Uncategorized
Green Cay Life Plan Village announced plans for a $250 million development in Boynton Beach, Florida. The 15-acre site at Jog Road and Flavor Pict Road will be developed by BRP Senior Housing Management LLC (an affiliate of Big Rock Partners) and Greenbrier... Read More »
by Zach Alexander | Aug 26, 2022 8:25 am | Acquisitions
Real estate investment group Greystar announced the acquisition of The Ivy at Draper, a 277-unit active adult community in Draper, Utah. The community was previously purchased in 2018 for $51.4 million, or $186,000 per unit, by the current seller Kennedy Wilson. Built... Read More »
by Zach Alexander | Aug 26, 2022 8:22 am | Acquisitions
National real estate private equity firm Northland announced its first active adult acquisition. The active adult market has taken off in popularity over the past few years and continues to remain a hot market. According to Levin Pro, over the last two years, there... Read More »
by Zach Alexander | Aug 24, 2022 10:33 am | Acquisitions
Real estate investor Fairstead announced the acquisition of an affordable seniors housing portfolio in the state of Kentucky. The portfolio comprises 950 units of affordable housing, including for low-income seniors, across 16 properties in the districts of... Read More »