Major retirement fund set to enter seniors housing arena

NEW YORK: A public employees retirement system has made its first investment in a dedicated senior housing fund.

The pension fund said it will commit up to $50m to Senior Housing Partnership Fund V.

Prudential Real Estate Investors (PREI) is managing the fund and is Read More »

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Reasons why senior housing projects don’t get financed

SAN DIEGO: There are myriad reasons why some finance institutions walk away from potential relationships in the senior housing sector. Here are the most often quoted excuses:

2. You’re not invested enough: The group ultimately responsible for the performance of the asset is the operator, Read More »

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Repurposed experimental cancer drug restores brain function in mouse models of Alzheimer’s disease

NEW HAVEN: Scientists have found that a compound originally developed as a cancer therapy potentially could be used to treat Alzheimer’s disease. The team demonstrated that the drug, saracatinib, restores memory loss and reverses brain problems in mouse models of Alzheimer’s, and now the researchers Read More »

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Seniors housing developers compete for Global Award

NEW YORK: The hundred and twenty-first entry for the seniors housing Global Award for 2015 has been received.

‘Altitude 2480’ on Fischer Street at Goonellabah in Lismore, Australia is an attempt to revolutionise affordable housing.

The panel was particularly impressed with the mix of housing, what’s Read More »

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