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RiverSpring lands $633 million in financing for New York senior living project

Tax-exempt bond deal called largest in sector
A rendering shows the River's Edge senior apartments to be built in Riverdale, New York. (Build NYC Resource Corp.)
A rendering shows the River's Edge senior apartments to be built in Riverdale, New York. (Build NYC Resource Corp.)
CoStar News
March 2, 2026 | 10:19 P.M.

RiverSpring Living has secured $633 million in tax-exempt bonds to build River's Edge, the New York City market's first continuing care retirement community, as identified by the New York State Department of Health.

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News | RiverSpring lands $633 million in financing for New York senior living project