Author

Hayden Spiess

Viva-Bene_Carmel-Ind

CARMEL, Ind. — Avenue Development has announced plans for a new active adult project in Carmel, a suburb roughly 20 miles north of Indianapolis. Development costs are expected to total roughly $50 million.  Upon completion, the community — Viva Bene Carmel — will total 170 units for residents age 55 and older. The community is being developed through a public-private partnership with the Carmel Redevelopment Commission (CRC) and is supported by the City of Carmel’s tax increment financing (TIF) district. Avenue Construction will serve as the general contractor.  Viva Bene Carmel …

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DENVER — Seniors housing REIT Janus Living has made its debut on the New York Stock Exchange (NYSE) under the ticker JAN. The initial public offering (IPO) included 42 million shares of common stock priced at $20 per share, amounting to an IPO of $840 million.  Shares opened above the price of $20, at $23.50 each, valuing the company at $5.9 billion.  Denver-based Healthpeak Properties (NYSE: DOC) announced the formation of Janus Living in January of this year, contributing a 34-community seniors housing portfolio to the REIT.  Healthpeak is serving as the external …

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Oxford-Hills_Clarksville-Md

CLARKSVILLE, Md. — Erickson Senior Living has broken ground on a new independent living community on 62 acres in Clarksville, roughly 30 miles southwest of downtown Baltimore.  Dubbed Oxford Hills, the development is approved for more than 1,000 units upon full build-out. Amenities at the property will include multiple dining venues, under-building parking, an indoor pool, fitness center, outdoor gathering areas, classrooms and social spaces.  Erickson plans to open Oxford Hills in late 2028. Future additional phases will include assisted living and continuing care neighborhoods. 

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NEW YORK CITY — Greystone has provided a $46 million bridge-to-HUD loan for the refinancing of a seniors housing portfolio located in Ohio.  Comprising two properties, the portfolio totals 118 skilled nursing units, 16 memory care units, 232 assisted living units and 10 independent living units.  Christopher Clare, David Young, Ben Rubin, Ryan Harkins, Parker Nielsen and Liam Gallagher of New York City-based Greystone originated the financing. The borrower was not disclosed.  “Bridge-to-HUD financing is a strategic solution for healthcare operators seeking to execute a transition plan and position assets for …

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ATLANTA — Thrive Senior Living has acquired three newly built communities in Georgia. Located in Cochran, Thomson and Jesup, the properties are operated under the At Home Senior Living brand. According to Thrive, the communities were 94 percent occupied at the time of acquisition.  The Sawyer family developed the communities between 2019 and 2022. In 2024, Thrive partnered with the ownership on a third-party-management basis. Prior to the partnership, Shanna Dupree led operations for At Home Senior Living. Dupree has now joined Atlanta-based Thrive as director of operations.  SRP Federal Credit …

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Windsor at Celebration

By Hayden Spiess Baby boomers, who make up the much-anticipated “silver tsunami,” control an outsized portion of overall American wealth. This generation — born between 1946 and 1964 — comprises roughly one-fifth of the U.S. population yet holds more than 50 percent of U.S. household wealth, with over $85 trillion in assets, according to Federal Reserve data.  Many of these seniors also have uniquely high standards and expect that their living arrangements will reflect these standards.  Richard Ackerman, founder and managing partner of Big Rock Partners, based in Beverly Hills, …

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The-Arbor-at-Watercolor-Place

BRADENTON, Fla. — Chancey Development has announced plans for a new community located in Bradenton, roughly 13 miles north of Sarasota. The Arbor Co. will operate the community, which is scheduled to open in early 2028.  Upon completion, the development — The Arbor at Watercolor Place — will total 196 residences across four stories. In addition to 96 independent living apartments, the community will feature 76 assisted living and 24 memory care units. Residences will range in size from 400 to 1,350 square feet. Amenities at the property will include a …

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CHICAGO — Transaction activity in the senior living sector reached just over $24 billion in 2025, according to JLL’s “Seniors Housing and Care: Investor Survey and Trends Outlook” report. The report is based on data from JLL research, MSCI and the National Investment Center for Seniors Housing & Care (NIC).  According to the report, this marks the highest level of transaction activity by dollar amount since the second quarter of 2015, when rolling four-quarter transaction volume totaled $26 billion.  The report also noted impressive occupancy levels and investor interest in the …

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Jackson Creek Senior Living

MONUMENT, Colo. — Inland Real Estate Acquisitions has completed the acquisition of Jackson Creek Senior Living, a luxury seniors housing community located in Monument, roughly 20 miles north of Colorado Springs.  Built in 2017 and situated within a master-planned development, Jackson Creek totals 132 units, with 27 independent living, 75 assisted living and 30 memory care residences. Amenities at the community include a bistro, library, fitness center, salon, theater, complimentary transportation and 24-hour concierge service.  According to Inland, Jackson Creek averaged an occupancy level of 96 percent over the past year.  …

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Green-Oaks-Winchester-Canal_Columbus-Ohio

COLUMBUS, Ohio — Evergreen Real Estate Group has broken ground on a new affordable seniors housing community in Columbus.  Upon completion, the assisted living community — Green Oaks of Canal Winchester — will total 120 units, with 67 studio and 53 one-bedroom apartments. Delivery of the development is scheduled for March 2027.  Gardant Management Solutions will operate the community. Amenities at the property will include a fitness room, beauty salon, game room, library, activity rooms, computer stations, community rooms and lounges, walking paths, sitting areas, a private patio and a gazebo …

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