senior housing Archives

Gardner Capital develops $18M senior housing community

Gardner Capital

Gardner Capital Development moves forward on plans to develop the El Caro Senior Residences in Phoenix after being awarded a reservation of Low Income Housing Tax Credits from the Arizona Department of Housing. The $18 million affordable senior housing project consists of 102 energy-efficient one- and two-bedroom apartments on 5-acres of land located at 19th… Read More →

Robert Howe joins GPE Commercial Advisors

by in AZRE Magazine | Newsmakers

GPE Commercial Advisors announced the addition of Robert Howe, senior vice president, as the newest member of its brokerage team on Monday. The senior housing (ILF, ALF, MCF, SNF) market is Howe’s brokerage specialty. He has been actively involved in senior housing since 2002, but has owned, managed, developed and brokered commercial real estate since 1974. Howe has… Read More →

128-Unit Senior Housing Community Comes to Ahwatukee

Investment Property Associates, LLC (IPA) and Retirement Community Specialists (RCS) have partnered for a second time to develop a senior living community in Ahwatukee near the southwest corner of Chandler Boulevard and 50th Street.  The 8-acre site of the planned senior community is part of a 35-acre mixed-use parcel acquired by IPA in 2012. The… Read More →

Lease Rates Drop, Vacancy Steady in Medical Office Buildings

GPE Commercial Advisors released its 3Q healthcare report for the Phoenix Metro. At the end of the 3Q 2013, the government had shut down and the debate over the debt ceiling was at an impasse over the funding of the Affordable Care Act (ACA). Not only are healthcare providers trying to understand the impact ACA… Read More →

Community Development Partners Celebrate Grand Opening of First Senior Housing Project

by in Business News | Construction

The Community Development Partners (CDB) celebrated the opening of its Phoenix senior housing project on Tuesday. The Marquee Apartments utilize a refurbished 1958 building consisting of 34 units. CDP said that they were “passionate about maintaining the architectural integrity of this classic mid-century modern building,” and worked hard to maintain “period-appropriate finishes consistent with the… Read More →

Multi-family Market Sector And Senior Housing

Senior Housing - AZRE Magazine November/December 2009
by in Commerce

Multi-family market sector and housing for the aging boomer generation One might think that the suffering single-family housing market would be a good thing for multi-family. Foreclosures create demand for rentals — shouldn’t the multi-family market be booming? Well, it isn’t — at least not at the moment. In Phoenix and Tucson, multi-family followed single-family… Read More →