Financial

$51.8M Financing Secured for Seniors Housing Community in Albuquerque

SEATTLE, WA—JLL Capital Markets announced earlier this week that it has arranged $51.8 million in construction financing for the development of Ativo of Albuquerque, a three-story, 144-unit senior living community in Albuquerque, NM. JLL represented the borrower, Link Senior Development, LLC, in securing the financing. Once completed, Ativo of Albuquerque …

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Goodwin Living Awarded CMP Grant To Expand Brain Health Programming To Older Adults Across Virginia

ALEXANDRIA, VA—Goodwin Living, a not-for-profit, faith-based, regional senior living and health care services organization in the National Capital Region, announced that it has received a grant of $324,907.73 from the Centers for Medicare and Medicaid Services’ (CMS) Civil Monetary Penalties (CMP) Reinvestment program to extend their brain health program, StrongerMemory, to residents …

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Five Companies Partner Together To Preserve Affordability of Senior Housing in Irvine, California

IRVINE, CA—Asland Capital Partners, a private real estate investment firm specializing in multifamily and mixed-used investments; Fairstead, a purpose-driven, vertically-integrated real estate company; women- and minority-owned real estate platform iimpact Capital; global real estate manager Nuveen Real Estate; and Innovative Housing Opportunities (IHO) announced earlier this week the acquisition of …

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