The frequency of senior housing M&As and deal values were down in Q2, according to public data collected by Irving Levin Associates. The publisher also noted M&A deals may continue to falter before it rebounds.
Looking to ease the affordable housing crisis that plagues the Bay Area, MBH Architects in collaboration with Jon Worden Architects assisted MidPen Housing Corporation in designing Fetters and Celestina Garden Apartments.
"We're highly concerned and very focused on what may be coming in the next few months," said Jeffrey Deboer, president and CEO of The Real Estate Roundtable.
The 55+ lifestyle homes are typically double-wide in size and they often include amenities such as built-in carports, porches, shingled roofs and granite countertops.