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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.
A new report from Moody's Analytics sees vacancies ticking up yet again for the first quarter of 2020—but not nearly as much as in the previous quarter.
Urban Catalyst filed a conditional and special use permit for a senior living project, Delmas, in the downtown San Jose Opportunity Zone, its fourth project submittal in less than a week.