How Senior Living Developers Finance New Construction as Lenders Tighten Belts

With interest rates rising, new construction lending appears to be slowing in the senior housing sector — but that doesn’t mean debt isn’t available, either. Baltimore-based CFG in July closed on a $32.9 million construction loan with Griffin Living. Their confidence in Griffin Living highlights the more important aspect of new construction lending: track record. […]

Read More… from How Senior Living Developers Finance New Construction as Lenders Tighten Belts

Former Home of Griffin Living Founder Reveals an Attention to Detail

Located outside Santa Barbara, CA sits Paul and Gloria Griffin’s beach-side estate. The Griffins purchased the property in the 1980s and quickly went about renovating the 8,850-square-foot house.  The home features six bedrooms, four fireplaces, an outdoor Jacuzzi, a sunroom, a pub, a media room, and a library complete with 17-foot-tall ceilings.  These upgrades reveal […]

Read More… from Former Home of Griffin Living Founder Reveals an Attention to Detail

Varenita of Simi Valley

More Than A Million People Will Join The Senior Population Over The Next 10 Years: Here’s How One Developer Is Preparing To Meet Their Needs

The CEO of Griffin Living is creating a new style of high-quality, yet affordable, assisted living communities for active seniors. Paul Griffin III, a fifth-generation member of the Griffin family homebuilding empire, has developed more than 4.5 billion in value throughout his career in real estate. In 2015, he launched Griffin Living in Calabasas, Calif., […]

Read More… from More Than A Million People Will Join The Senior Population Over The Next 10 Years: Here’s How One Developer Is Preparing To Meet Their Needs