News

Senior Housing News: Spike in Nonprofit CCRC Activity

Senior Housing News wrote last week about “renewed signs of activity after a long, latent period” in the financing of nonprofit continuing care retirement communities. The story quotes Greystone’s Mark Andrews, who says: “There are new participants and there are some who had projects delayed during the recession. But now those owners are more certain, they’re beginning to seek financing to start construction.”

The story also references anticipated financings for redevelopment at SantaFe Senior Living’s East Ridge and new construction at Methodist Retirement Communities’ The Crossings.

Read the full story.

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Greystone  |  225 East John Carpenter Freeway, Suite 700  |  Irving, Texas 75062  |  Phone: 972.402.3700  |  Fax: 972.402.3727