Despite an infrastructure plan failing to materialize in Washington, investors still see opportunities to spend.
Conceived by poker pro Bob Stupak, the Space Needle-shaped hotel-casino featured a roller coaster and other attractions at its summit when it opened in 1996.
Kayne Anderson is the third developer to try its hand at high-end New York senior living, a niche of development aimed at serving an expected boom of well-heeled elderly.
Rents are likely to keep growing through 2020, but at a slower rate that will get closer to its historical average of 2 percent.
Paradise Park, as the project is called, will feature LED-lit bumper cars that make crashing sounds and are chased around an oval by fake police officers.
The center is being developed in Allen, Texas on more than 65 acres of land.
ROCs are mobile home cooperatives that are owned by the residents, much like a multi-unit co-op in a large city.
Investors were eager to put money into a business that could become a stronger competitor to Airbnb.