Industry Pulse: Foreign capital to fund senior housing

PDC recently broke ground on its first community, SummerPlace Lincoln, near Sacramento, Calif.  (Rendering courtesy of PDC)

PDC recently broke ground on its first community, SummerPlace Lincoln, near Sacramento, Calif.
(Rendering courtesy of PDC)

PDC Group taps EB-5 investor program to raise $250 million

Costa Mesa, Calif.-based PDC Capital Group recently announced plans to use more than $250 million from foreign investors to fund 25 new SummerPlace Assisted Living & Memory Care Facilities around the country.

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