
Hillside Senior Living, Gaithersburg, MD
140 units, In-Place Rehab
Hillside Senior Living is the adaptive reuse of an existing 140-room hotel located in Gaithersburg, Maryland, 15 miles north of Bethesda. Originally constructed in 1998, the tenancy is available to senior residents, age 62 and older, earning at or below 60% of the area median income (AMI). The property includes 82 one-bedroom units and 58 two-bedroom units in six residential buildings.
Hillside Senior Living was financed with tax-exempt construction and permanent bonds by R4 Capital Funding and 4% Low Income Housing Tax Credits from R4 Capital.
Tenancy
Senior
Unique aspects
24/7/365 support ensures live interaction with one of the community’s dedicated support team members.