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NEW CITY, N.Y. and TOWNSHIP OF WASHINGTON, N.J. — Bain Capital Real Estate and Capitol Seniors Housing have received a $48 million loan for the refinancing of two seniors housing communities. The communities include The Chelsea at New City in New City, New York, and The Chelsea at Washington Township in the Township of Washington, New Jersey.
JLL C...
BRENTWOOD, Tenn. — Senior living owner and operator Vitality Living has announced the appointment of a chief investment officer and a chief real estate officer.
John Rimbach has been named chief investment officer, and Charles Hall will assume the position of chief real estate officer at the Brentwood, Tennessee-based company.
John Rimb...HOLYOKE, Mass. — WinnCos. has completed a $55.3 million seniors housing adaptive reuse project in Holyoke. A redevelopment of a vacant mill complex, Residences at Appleton has delivered 88 affordable housing units for residents age 55 and older.
Twelve of the apartments are reserved for seniors earning at or below 30 percent of the area median inco...
By Amanda Garvey
As sustainability in the built environment continues to gain momentum, everything from tall towers to data centers is becoming greener. The seniors housing sector holds significant, often underrecognized potential for advancing eco-friendly practices.
There are currently more than 32,000 assisted living communities i...
By Jane Adler
The latest senior living design trends are forward-looking, aimed at attracting the up-and-coming generation of older consumers. These future residents don’t identify with the stereotypes of “old age.” They’re active and focused on staying healthy.
They mostly prefer more modern designs and open interiors that flow into one ...
