Healthcare Real Estate

The segment of the population at or beyond 65 is growing at a rate 14 times faster than those aged 64 or younger and this demand for healthcare services means more workers, making space much tighter in some markets.

In our exclusive audio interview, Michael Mullin, president of Integrated Business Systems, discusses reasons why the construction industry should move away from paper-based management to digital documents.

The yet-to-be-named organization will be housed at the WCA's current headquarters at 1133 Westchester Ave. in White Plains and will have regional offices in other Hudson Valley locations.

The company had reported the sale of the 38 properties was valued at an aggregate purchase price of $385.0 million. The amended portfolio sale of 28 properties is now valued at approximately $282.5 million.

KeyBank provided $70 million in combined construction and permanent loan financing to AVS Communities for the Reserve at Lacey, an affordable senior housing property serving those 55 or older.

Douglas Wilson unveils a new brand of senior living, rich in amenities and with a focus on wellness, to serve today's active senior demographic.

"After running a competitive bid process, we were able to procure an out-of-state fund buyer that was drawn to this portfolio for two reasons: the strong growth of the tenant, and the alignment with its social-impact investment strategy."

"Selling points include the portfolio's alignment with major health systems, durable income and locations in strong metro markets."