senior housing
Los Angeles Water and Power Pension Doubles Down on Vistria Workforce Housing in $250MM Real Estate Push
The Los Angeles Water and Power Employees’ Retirement Plan has steered $250 million into three private real estate vehicles, doubling its stake in...
Nexus Development Lands $276MM Refinancing for 395-Unit Vivante Senior Communities in Newport Beach and Costa Mesa
Nexus Development has locked in $276 million in new debt across its two Orange County Vivante communities, with the Newport Center property alone...
Charter School Developer Files 215,000 SQFT, 182-Unit Eldercare Campus at Former Chatsworth UCP Site
A development entity led by charter school real estate veteran Larry Rieder has asked Los Angeles for an Eldercare Facility Unified Permit to...
Irwin Jacobs Commits $50MM to Father Joe’s Villages’ $300MM-Plus Plan to Replace East Village’s Joan Kroc Center With Three Towers
Qualcomm co-founder Irwin Jacobs has pledged $50 million, the largest gift in Father Joe's Villages' 75-year history, to jump-start a plan to tear...
National CORE, Linc Housing Open 340-Home Pioneer Village Complex in Glendale
Glendale's largest affordable housing complex has opened its doors after three and a half years of construction, delivering 340 homes into a rental...
Wakeland Housing Breaks Ground on $48MM, 50-Unit Senior Housing and Community Center on Former Imperial Beach Church Site
Wakeland Housing and the Imperial Beach Neighborhood Center have started construction on The Haven on Palm, which will put 50 apartments for low-income...
Brea Scraps Mercury Lane Development Agreement, Clearing Way for C&C Development’s 85-Unit Affordable Senior Complex
Brea's Planning Commission has moved to cancel a six-year-old development agreement tied to a stalled workforce apartment concept, formally clearing the 1.01-acre Mercury...
Welltower Acquires 339-Unit Variel Senior Living Community in Woodland Hills for $230MM from Harbert South Bay
Toledo-based Welltower deepened its multibillion-dollar push into senior living with the $230.28 million purchase of a three-year-old Woodland Hills community, a deal that...
Confluent Lands Initial Tustin Approval for 275-Unit Clearwater Senior Community at Tustin Legacy
The Tustin City Council advanced Confluent Senior Living's plan to build a 275-unit senior housing and assisted living community on six acres of...
Wellpointe’s $2B Viva Details Co-Living Care Model, Self-Funded Financing at Warner Center
New details from Wellpointe's July unveiling of Viva L.A. at Warner Center reveal a co-living care model, thousands of on-site workers and a...
Meta Housing’s 244-Unit Tampa Senior Apartments Clears Approval in LA’s Reseda
Los Angeles planning officials have signed off on Meta Housing Corporation's Tampa Senior Apartments, clearing the way for 244 income-restricted senior units on...
Everleigh San Clemente Lands $58MM Fannie Mae Loan for 150-Unit Active-Adult Community in Orange County
Newmark has arranged $58 million in Fannie Mae debt against Everleigh San Clemente, a three-year-old community restricted to residents 55 and older, putting...
