Assisted Living

Arbor Funds $7.5M Fannie Mae Loan for Community in Connecticut

by Jeff Shaw May 2, 2019

HAMDEN, Conn. — Arbor Realty Trust Inc. has funded $7.5 million in Fannie Mae DUS financing for Meadow Mills Assisted Living & Memory Care.

May 2, 2019

Assisted Living California Finance News

Lancaster Pollard Provides $3.9M HUD Financing for Community in Northern California

by Jeff Shaw May 2, 2019

REDDING, Calif. — Lancaster Pollard Mortgage Company has provided $3.9 million in FHA Sec. 232/223(f) financing for Sundial Assisted Living in Redding, approximately 170 miles north of Sacramento.

May 2, 2019

Assisted Living California Development News

Oakmont Prepares to Open 86,839 SF Community Near Los Angeles

by Jeff Shaw May 1, 2019

CAMARILLO, Calif. — Oakmont Senior Living has opened a welcome center at Oakmont of Camarillo, its upcoming seniors housing community in Camarillo, approximately 60 miles northwest of Los Angeles.

May 1, 2019

Assisted Living Development News Virginia

Sunrise Senior Living Starts $45.5M Redevelopment Project Near Washington, D.C.

by Jeff Shaw April 30, 2019

ALEXANDRIA, Va. — Sunrise Senior Living has completed demolition of the former National Association of Professional Insurance Agents buildings in the Old Town neighborhood of Alexandria, with plans to build a 93-unit assisted living property on the land.

April 30, 2019

Assisted Living Development Florida Independent Living Memory Care News

Watercrest, United Properties Break Ground on 198-Unit Community in Sarasota, Florida

by Jeff Shaw April 29, 2019

SARASOTA, Fla. — Watercrest Senior Living Group and United Properties have broken ground on Watercrest Sarasota Senior Living Community, a 198-unit luxury senior living campus in Sarasota, along Florida’s Gulf Coast.

April 29, 2019

Affordable Housing Assisted Living Development Indiana News

Vermillion, HED Open 119-Unit Affordable Community in Fort Wayne, Indiana

by Jeff Shaw April 29, 2019

FORT WAYNE, Ind. — Vermillion Development, a Chicago-based real estate firm, has opened Silver Birch Fort Wayne, an affordable seniors housing community in Fort Wayne. Design and engineering firm HED partnered on the project.

April 29, 2019

Acquisitions Assisted Living California Memory Care News

SunTrust Provides $69.5M Acquisition Financing for Three-Property Portfolio in California

by Jeff Shaw April 22, 2019

LOS ANGELES and OAKLAND — SunTrust Banks Inc. (NYSE: STI) has provided $69.5 million in financing to support Watermark Retirement Communities and Kayne Anderson’s acquisition of three senior living communities in California.

April 22, 2019

Assisted Living Development Memory Care News South Carolina

Blake, Cardinal Ventures Plan 88,000 SF Community in South Carolina

by Jeff Shaw April 22, 2019

GREENVILLE, S.C. — Cardinal Ventures Inc., together with Blake Management Group, has unveiled plans for The Blake at Hollingsworth Park, a resort-style senior living community in Greenville.

April 22, 2019

Assisted Living Development Independent Living Memory Care Missouri News

Tutera Prepares to Open $55M Community in Kansas City

by Jeff Shaw April 19, 2019

KANSAS CITY, Mo. — Tutera Senior Living & Health Care will open the first units at its newest Tutera Senior Living & Health Care location starting in June. The property is in the Tiffany Springs neighborhood of Kansas City.

April 19, 2019

Assisted Living Colorado Finance Memory Care News

Walker & Dunlop Arranges $52M Refinancing for Colorado Seniors Housing Portfolio

by Jeff Shaw April 19, 2019

COLORADO SPRINGS and CENTENNIAL, Colo. — Walker & Dunlop has structured $52 million in financing to refinance three seniors housing properties totaling 196 units in Colorado Springs and Centennial.

April 19, 2019

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