Harbert Management Corp. (HMC) has announced a closure of The Whitford of Dublin, a luxury rental senior housing community in Dublin, Calif. This luxury community includes 140 units, multiple dining venues, an indoor pool, a wellness gym and hair salon. It sits on 5.6 acres.
“The fundamentals in seniors housing continue to show both improvement and overall strength," said Patrick McGonigle, CEO of Harbert South Bay, in statement. "We continue to experience leasing velocity and rental rates ahead of projection in our developments. While the capital markets are slowly unthawing as interest rates return to a stable level, we feel that the time is particularly ripe to execute on new development opportunities."
Expected to open in 2026, The Whitford will offer 102 assisted living units and 38 memory care units. It is located in the Tri-Valley submarket, which has recently experienced a 20 percent population increase compared to the overall San Francisco Bay Area’s growt
