Senior Housing

The company states that 10 of the skilled nursing facilities sold are located in Nebraska. Four skilled nursing facilities were located in Iowa and one skilled nursing facility is based in Kansas. The 13 medical office buildings properties are all situated in Massachusetts.

The Sheridan at Oak Brook is expected to be completed in early 2021 and will create more than 100 jobs for community.

Health care is a strong sector that promises to be resilient in the next recession, but there are a lot of pitfalls for those without experience.

The senior living owner and operator partnered with Ryan Cos. to build the 170-unit senior living community.

I Build America is declaring September 16 to 20 as Construction Appreciation Week, a celebration that aims to inspire a national conversation about construction and how it enhances many lives.

The property was sold by Addison, TX-based Senior Quality Lifestyles Corp. The deal calculated out to $228,464-per-unit.

Labor costs were cited as the greatest financial concern for more than two-thirds (67%) of respondents.

The 1.2 million-square-foot property is the third largest senior housing complex in the State of California.