Senior Housing

The firm brokers the $71 million sale of an independent living facility and a rare garden-style apartment property.

Fund VII will invest in the senior housing, healthcare, student housing, life sciences and storage sectors.

The financing is designated for a six-asset senior living portfolio acquisition.

The development will feature a blend of affordable housing and senior living components, and is expected to be completed by summer 2020.

The REIT has sold its stake in the Benchmark Senior Living portfolio for $1.8 billion and is also acquiring a handful of facilities including 6-building, 270,000 square foot medical office campus for $140 million from Summit Medical Group.

Cushman & Wakefield Senior Housing Capital Markets, which is based in Boston, reports it has arranged $26.5 million of institutional equity capital from a private equity fund for a 203-unit project in Montvale.

After a decade, the Del Webb brand is returning to Las Vegas with a new active senior housing project.

The company partnered with the Bahrain-based asset manager to acquire 6 private-pay senior living communities in California, Washington and Michigan.