Construction Begins on Georgia Seniors Community

ACWORTH, Ga. — Construction will begin April 3 on Celebration Village Acworth with plans to open the 16.5 acre seniors housing community in May 2016. The community includes 114 independent living apartments, 44 apartment homes, 55 assisted living units and 31 memory care apartments.

Dominion Plans $8M Faith-Based Community in Tenn.

HIXSON, Tenn. — Dominion Senior Living has planned construction on a 47,000-square-foot, $8 million assisted living and memory care senior living community. Dominion acquired the property from Abba’s House and the church will be a partner.

The Niche Switch

New types of affinity communities are emerging even as some traditional properties focused on a single group re-examine their mission.

RED Closes $8.8M Construction Loan for Lakewood Memory Care in Colorado

LAKEWOOD, Colo. — RED Capital Partners LLC, the proprietary debt and equity banking arm of comprehensive capital provider RED Capital Group LLC, has completed an $8.8 million balance sheet construction loan to Milestone Retirement, the Crystal Group and Taylor Fitzpatrick Capital for the construction of Lakewood Memory Care, a Class A development located just outside of Denver.

HJ Sims Finances New Florida Community

KISSIMMEE, Fla. — HJ Sims, an investment bank and brokerage firm, is financing Tuscan Isle, a seniors housing community in Kissimmee. Tuscan Isle will be comprised of 120 independent living units, 56 assisted living units and 36 memory care units.

Clark’s Crossing Senior Facility to Open in Vincennes, Ind.

VINCENNES, IND. — Flaherty & Collins Properties and Myszak + Palmer will host a grand opening ceremony for Clark’s Crossing, a senior living center in Vincennes, on March 18. The property is located at 300 N. 6th St. Clark’s Crossing features 47 one- and two-bedroom apartment homes, which include fully equipped kitchens with energy efficient appliances, hardwood flooring, oversized closets, and washers and dryers.

Subscribe to this RSS feed