Property Types Seniors Housing
Book Slams Retirement Communities
May 6, 2008
Source: Orlando Sentinel

The Wall Street Journal calls it a "darker view of sunny retirement." Andrew D. Blechman's book "Leisureville: Adventures in America's Retirement Utopias" hits at these senior-oriented properties that offer a relaxing lifestyle in the elder years.

Blechman's thesis, in part, is that such properties segregate the elder population, effectively removing them from civic participation in the greater world. Among his assertions is the theory that Villages developer Gary Morse has had tight control over decision-making across the greater community, according to the Orlando Sentinel.

 
Recent Seniors Housing Headlines
Pair of Senior Housing Deals Total $122M
July 02, 2008
Senior citizens naturally tend to slow down, but two new deals are further evidence that the senior housing sector is as active as ever.
Marsh’s Edge Sells for $56M in Georgia
July 01, 2008
Coastal Community Retirement Corp. sold Marsh’s Edge, the Entrance Fee Continuing Care Retirement Community located in St. Simons Island, Ga.
DC Officials Plan TIF Package for $260M Mixed-Use Project
June 27, 2008
Roadside Development, the company behind the planned CityMarket at O mixed-use redevelopment endeavor, is on track to get a helping hand from the District of Columbia for the funding of the $260 million project.
KeyBank Closes 3 Loans for $25M for Assisted Living Communities
June 26, 2008
KeyBank Real Estate Capital closed three loans totaling $25 million for Emeritus Senior Living.
Freddie Mac Buys $140M in Seniors Housing Mortgages
June 20, 2008
Freddie Mac has announced the purchase of a $140 million pool of mortgages from Capmark Finance Inc.
 

 

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