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Latest at Senior Housing News: Ventas, Inc. and Brookdale have come to an agreement on a master lease, with Ventas to manage over half of the 120 senior housing communities included. According to a press release, the agreement is mutually beneficial for both parties.

Currently on the agenda this week.....To start, looking to arrange cover for a converted church into leasehold apartments with a large purpose built extension 👊 Next up, full review of a selection of existing blocks insured that we are looking to potentially sort on a portfolio basis in Devon/Cornwall and also Brighton/Hove areas. Followed up by some more Grade 2 listed leasehold blocks due this week. #blockmanagement #leasehold #propertymanagement #estatemanagement #propertyinvestors #propertymanagers

"The housing solution ‘hidden in plain sight’ that Maryland and Mississippi are embracing: When you think of a manufactured home, you might picture an outdated trailer park. That’s no longer the reality." Newer manufactured homes are designed to look more like traditional stick-built housing. They can be constructed to high standards. Though residents often had to lease land for the homes in the past—putting them at risk of rent spikes—increasingly, the homes are being built on foundations and sold with land when zoning allows. And they can be a way for communities to add small, more affordable homes that otherwise wouldn’t be economical to build. https://lnkd.in/eq4YYb-2

Real Estate Investors currently in South Chicago or looking to get into South Chicago neighborhoods, will the red line expansion be a help or a hinderance? The 5.6 - mile Red Line Extension (RLE) will include four new stations near 103rd Street, 111th Street, Michigan Avenue, and 130th Street providing up to 30-minute time savings to riders traveling to and from the Loop. No doubt this will eventually increase house prices in areas such as Roseland, West Pullman and Altgeld Gardens, as well as surrounding areas. But buy during construction and this might proove challenging to get tenants or to sell or buy before it's confirmed and risk the project not going ahead. https://lnkd.in/gUrPTXcq

The latest building permits data for Virginia shows that eight out of nine Virginia metro areas saw a higher number of building permits in April 2024 compared to a year ago. Most of the MSAs saw an increase for detached single-family units. Charlottesville, Lynchburg, and Northern Virginia MSAs saw an uptick in building permits for multifamily structures with five units or more compared to April 2023. bit.ly/3yt30ie #VirginiaREALTORS

BC Builds: Is It a Real Solution for Affordable Housing or Just Another Pipe Dream? Affordable housing is the buzzword these days, and BC Builds is offering a new opportunity for developers and housing operators to jump on board. But before we dive headfirst into this seemingly promising partnership, let's take a step back and examine the fine print. Key Questions: Transparency in Funding The promise of funding and financing sounds great on paper, but how transparent will this process be? Developers should be aware of any hidden conditions that could affect profitability. Competitive Financing Rates Rates for interim construction and take-out financing are outlined, but are they truly competitive compared to market alternatives? Developers need to scrutinize these carefully. Realistic Timelines Speeding up development timelines is the goal, but how realistic are these expectations? Accelerating project timelines often leads to cutting corners, impacting quality and safety. Breaking Down the Opportunities: Elkford: 421 Boivin Rd Kamloops: 377 Tranquille Rd Kelowna: 1428 St Paul St North Cowichan: 9800 Willow St Sooke: 6671 Wadams Way Township of Langley: 20230 72B Ave, 27200 Block of Fraser Hwy, 7883 199 St #affordablehousing #bchousing #supportivehousing

#MissingMiddle. A leading national homebuilder Century Communities, Inc. (NYSE:CCS) created a separate brand identity to develop more affordable housing for young families. They are doing some GREAT things in Georgia and some other states to offer smaller, more affordable homes. https://lnkd.in/e9ezy3d7

Focus has acquired The Oaks at Bartlett, a 288-unit senior living community located 30 miles northwest of downtown Chicago in Bartlett, IL. The purchase price was $42 million.  Situated on 37-acres, the property features a 154-unit independent living building and a 124-unit AL/MC/SNF building, both of steel and concrete construction, and 10 cottage homes.  Originally developed and operated as an entrance fee CCRC, the community is now a rental property.  The property was constructed in 2007 at a cost of approximately $130 million.  Life Care Services, who is partnered with Focus in four additional senior housing communities, assumed operations of the property at acquisition.

🏡 Big news in the housing sector! Rayner has just announced a bold new target of 370,000 homes as part of her plan to amend the National Planning Policy Framework (NPPF). These changes aim to streamline processes and accelerate housing development across the UK, which is fantastic news for everyone in the residential construction industry, if they can even get close to this figure that's been set. What do you think about this new target? We've heard it all before. Will it be met? Share your thoughts in the comments below. ✔️ #ConstructionJobs ✔️ #Housebuilding ✔️ #UKHousing

Halton Hills Housing Update - Ep.231 I would say this week was a good week! Obviously, inventory is still really high but we are already seeing an increase in homes exiting the market and sales are remaining relatively stable. We need both of these things to continue to happen through the remainder of 2024 to set us up for a strong Q1 of 2025. I really think that next year will be a good year for real estate and I’ve been saying for months we need to get our inventory numbers down to fuel that. The last two weeks have been trending towards that happening so hopefully that, combined with the interest rate drop last week will really help to bring life back to the market! #georgetown #limehouse #rural #haltonhills #haltonhillsrealtor #haltonhillsrealestate #glenwilliams #acton #realestate #realtor #forsale #listing #buying #sold #seller #house