Those waiting on bated breath for interest rates to rise finally got an answer Wednesday after the Federal Reserve announced it would aim to increase its benchmark interest rate, potentially cooling down a hot senior housing market. The historic move is a positive sign for Read More »
From reclaimed urban property to blurring the lines between market rate and affordable housing, designers and architects are taking their senior living community plans to new heights. Dozens of communities stacked up in the 2015 Senior Housing News Design Awards, with new construction and renovation…Read More »
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Lancaster Pollard Arranges $9.5 Million in Financing for Sunshine Village in Phoenix, Arizona Originally constructed in 1999 and renovated in 2013, Sunshine Village is an 84-bed, 49-unit cottage-style memory care residence in Phoenix, Arizona. Ownership at Sunshine Village sought to refinance its existing debt while…Read More »
Disgruntled senior living shareholders pushed two major providers to sell off the companies in part or whole this year, raising questions about market fundamentals while stock prices have remained undervalued. Capital Senior Living Corp. (NYSE: CSU) was recently publicly pressured to explore a sale of the company…Read More »
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