Senior housing in the independent-living sense means age-restricted residential communities, often 55-plus, serving active older adults who can live independently but want the lifestyle, amenities, maintenance-free living, and community that purpose-built senior communities provide.
Log in to followBeen doing service calls in an age-restricted community for about two years. The developer kept back six detached cottages as rentals and is selling four of them off. He offered m…
Deal on my desk is a 2016-built active adult community, 168 units, one and two bedrooms averaging 940 square feet. In-place average rent $2,190, occupancy 95.7 percent, T12 expens…
RFP came in for two age-restricted communities under the same ownership, 240 units combined, about nine acres between them. Current vendor is at $11,400 a month and the owner says…
I've been reading paper for months and this is the first live thing I've been shown, so treat me as someone who understands the words and not yet the consequences. Deal: ground-up…
I have two drafts in front of me for the same building and I have to pick one this month. The asset: 210 units, independent living with a light service package, meals and housekee…
Underwriting is my day job and conventional apartments have been my lane for years. First 55-plus deal came across and half my template doesn't apply, so I'm going to ask the begi…