News
New York City’s first CCRC sets record with $632.9M in financing
4+ hour, 50+ min ago (343+ words) River's Edge, a senior living development tied to RiverSpring Living on its campus in the Riverdale section of the Bronx, has obtained $632.9 million in financing, Chicago-based specialty investment bank Ziegler has announced. Zeigler said the deal is the largest senior…...
Former Battery Park by Sunrise in Manhattan rebranded as The Capstone Battery Park City
4+ mon, 1+ week ago (233+ words) Sunrise Senior Living has rebranded and is renovating the property formerly known as Battery Park by Sunrise in lower Manhattan, and it now is known as The Capstone Battery Park City. Ventas selected the McLean, VA-based company to manage the…...
$150M Perennial intergenerational senior housing breaks ground in Queens, NY
5+ mon, 2+ week ago (266+ words) Developers have broken ground on The Perennial, a 145-unit, $150 million intergenerational affordable senior housing project in Queens, New York. "The Perennial is the most complex private-public redevelopment project in New York City's recent history and the first deeply affordable senior…...