
Research from NORC at the University of Chicago examines vulnerability outcomes for older adults following transition into senior housing communities.

The U.S. labor market added 57,000 nonfarm payroll jobs in June 2026, the smallest gain since February, with downward revisions of 74,000 jobs to April and May reports indicating weaker underlying hiring momentum than initially reported. Residential construction employment declined 8,600 jobs in June and has shed 48,800 jobs over the past 12 months, marking the sixteenth consecutive month of annual decline, while the construction unemployment rate rose to 6.2%, the highest level since July 2021.

Montagu Evans has advised the Ministry of Defence (MoD), via... Read more The post Montagu Evans advises Ministry of Defence (MoD) on acquisition of Europe’s largest indoor drone testing facility appeared first on Montagu Evans . ]]>

NASHVILLE, TENN. — Forman Capital, a private direct lender, has provided a $49.4 million construction loan for Moda Vista, a 102-unit build-to-rent community at 3320 Curtis St. in the Bordeaux… The post Forman Capital Finances $49.4M BTR Project in Nashville appeared first on Multifamily & Affordable Housing…

IRVING, TEXAS — Berkadia has arranged a $124.7 million refinancing loan for Alesio Urban Center, a mixed-use community with 908 units and 55,499 square feet of commercial space in the… The post Berkadia Arranges $124.7M Refinancing for HGI’s Alesio Urban Center in Irving, Texas appeared first on Multifamily &…

Montagu Evans has appointed experienced development and living sector valuation... Read more The post Montagu Evans Appoints George Tsielepis as Partner in its Residential Valuation Team appeared first on Montagu Evans . ]]>

Private residential construction spending reached a seasonally adjusted annual rate of $930.2 billion in May 2026, up 0.3% from April and 1.8% from a year earlier, with remodeling spending driving the increase at 0.9% monthly and 8.1% annually while single-family construction declined 0.1% monthly and 4.0% annually. The data from the U.S. Census Bureau shows multifamily construction spending edged down 0.1% monthly but rose 3.3% year-over-year, and private nonresidential construction spending decreased 0.3% monthly and 6.6% annually, though data center spending continued to grow at 0.6% monthly and 23% year-over-year.

EAST ISLIP, N.Y. — Benchmark Senior Living and National Development have acquired a property in East Islip on Long Island, with plans to develop a new seniors housing community at the… The post Benchmark, National Development Plan 90-Unit Community on Long Island appeared first on Seniors Housing Business . ]]>

By Hayden Spiess CHICAGO — New players are increasingly drawn to the seniors housing sector due to strong market fundamentals and the industry’s proven performance. Limited new inventory and high occupancies,… The post Seniors Housing Is Our Highest-Conviction Sector,’ Harrison Street Executives Say appeared first…

SCOTTSDALE, Ariz. — Berkadia has arranged the sale and financing of Acoya Shea, a senior living community located in Scottsdale. Opened in September 2023, the property totals 147 units. Dave Fasano,… The post Berkadia Arranges Sale, Financing of 147-Unit Community in Scottsdale, Arizona appeared first on Seniors…

Today, I am proud to announce a pivotal moment in our association’s history: We are now the Commercial Real Estate Development Association (CREDA). This change goes far beyond a name change; it signifies a clear statement about what our association stands for, who we serve and where we are headed.]]>

Harrison Street Asset Management completed the sale of a 12-property student housing portfolio for $910 million.

American Real Estate Partners and Harrison Street Asset Management completed CityHouse Old Town, described as the market's first office-to-residential conversion project.

Harrison Street Asset Management and PC Urban announced plans to develop a 507-unit purpose-built rental community targeting healthcare workers near Vancouver General Hospital.

Harrison Street Asset Management completed a $340 million sale of a medical office building located in San Jose, California.

Harrison Street Asset Management completed the sale of a UK student housing portfolio located in Bristol to Ottoway Portfolio Holdings.

LV Collective and Harrison Street Asset Management announced a student housing development project near Clemson University in South Carolina.

Harrison Street Asset Management announces a hyperscale data center pre-leasing achievement at the PowerHouse Arcola facility.

Harrison Street Asset Management announced the launch of its active global listed infrastructure ETF (ticker: NFRX), expanding its alternative investment product offerings.

NEW YORK CITY — Gilbane and partners have closed on financing for 1920 Turnbull, a $170 million, 228-unit affordable and supportive housing project in the Castle Hill/Soundview neighborhood of the… The post Gilbane, Partners to Develop $170M Affordable Housing Tower in The Bronx appeared first on Multifamily &…

COLUMBIA, S.C. — Subtext and PGIM have acquired land at 931 Senate St. in Columbia’s Vista district. The seven-floor property will be comprised of 221 units in one-, two- and… The post Subtext, PGIM to Build Mixed-Use Development in Columbia, South Carolina appeared first on Multifamily & Affordable Housing…

IRVINE, CALIF. — C&C Development, a Tustin, California-based affordable housing developer, has completed and opened Cartwright Family Apartments in the Irvine Business Complex. The 4 percent LIHTC project, which is… The post C&C Opens Irvine, California, LIHTC Development Cartwright Family Apartments appeared first…