ABHOW to spin off affordable senior housing division

LOS ANGELES: Nonprofit senior housing and health care provider American Baptist Homes of the West (ABHOW) is expanding its affordable housing footprint through the reorganization of its affordable housing division as Beacon Communities.

A subsidiary company wholly owned by ABHOW, Beacon Communities will focus on meeting the housing needs of seniors with lower incomes and has a a total of 10 development and redevelopment projects in its pipeline for 2015…

Full story covered in the Seniors Housing & Healthcare Trends.

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