Welltower and Hines are planning more luxury housing for seniors in Manhattan

Welltower and Hines are doubling down on their bet on luxury housing for seniors in Manhattan. The pair bought an Upper West Side development site for $61 million, where they plan to build their second luxury assisted-living tower for seniors in New York. Welltower, the largest senior-housing real estate investment trust, and Hines this week bought two properties at 2330 Broadway at the corner of West 85th Street, Bloomberg reported. A third, undisclosed investor has […]


Source: Real Estate

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