Gotham Org lands more loans for Lower East Side development
Gotham Organization has secured $50.4 million in financing for the second phase of its massive Lower East Side development...
senior housing
The Latest
Last call for senior housing program
Developers have less than a month to submit plans under a senior housing program that the de Blasio administration is ending. The Department of Housing Preservation and Development announced that it will only accept...
National
Ventas slashes rents 45% on senior housing operator
Senior housing and medical office REIT Ventas has renegotiated leases for a firm that operates 121 of its senior...
National
“It’s a need, not a want” for many residents: Investors eye long-term gains in senior housing
The Orbach Group — a real estate firm better known for flipping rent-stabilized apartments before Albany’s rent law overhaul last summer — recently nabbed...
Pi Capital plans senior housing project in Elmhurst
Queens developer Pi Capital Partners plans to break ground by the end of 2020 on a 142-unit project in Elmhurst,...
Foxy Management plans another Bronx senior housing project
Foxy Management plans to add to its Bronx portfolio with a 150-unit affordable senior housing building in the borough....
National
REIT declines outpace stock market amid shutdowns nationwide
Another barrage of bad news on the coronavirus front led to another rough week for the markets, with the...
National
Coronavirus guidance scarce for senior housing
Senior housing developments across the nation are bracing for the coronavirus pandemic. Many seniors rent apartments in developments with...
National
Real estate stocks split into winners and losers after hectic week
Following a brutal week that saw trading on the New York Stock Exchange halted twice while the Dow Jones...
National
Universities find a new way to profit off real estate: senior living
Universities have a whole new class of “seniors” on campus. A new report from the Wall Street Journal says...