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Benchmark Senior Living up 19 percentage points in 19 months.
Boomers with active lifestyles are flocking to age-restricted multifamily campuses.
The firm sold $1.3 billion of senior housing and long-term care facilities between January and July of this year.
Market rents have been below the level needed to support new development.
JAMP Enterprises LLC and Frontier Management LLC have obtained the construction financing for a 230-unit development in Garland, TX.
Welltower REIT buys 187-unit Byron Park from PGIM, Kisco for $101M.
Sector enjoyed 'stellar' first half of year, with steady growth buoyed by increased demand.
The new offering further rounds out the company's products for senior housing, skilled nursing, and home care.
Many lacking funds, social and safety nets.
The firm has purchased a fully-leased, 210-unit, age-restricted property near Atlanta, GA, representing its fourth investment within the state this year.