Colorado

Aspendale-Centennial_Centennial-Colo

CENTENNIAL, Colo. — Headwaters Group has begun preleasing at Aspendale Centennial, the owner’s first community under its new Aspendale active adult brand. Greystar will operate the community on behalf of Headwaters.  Totaling 203,653 square feet, Aspendale Centennial in Centennial features 172 apartments across four stories. Move-ins are scheduled to begin this October.  Amenities at the property include a two-story clubhouse with a fitness room, art and activity areas and gathering spaces. Other amenities include a lap pool, spa and community garden.

0 FacebookTwitterLinkedinEmail
Palos-Heights-Senior-Living

DENVER — Spectrum Retirement, a Denver-based seniors housing owner-operator, has received $330 million for the refinancing of a portfolio of eight seniors housing properties that are located across the Midwest and Southwest U.S. Ryan Stoll and Taylor Mokris of BWE, a national commercial and multifamily mortgage banker, arranged the financing on behalf of Spectrum Retirement. The nonrecourse debt was structured with full-term interest-only payments and a “competitive” interest rate. “We are honored that Spectrum chose BWE to represent them in the debt capital markets for such a complex transaction,” says …

0 FacebookTwitterLinkedinEmail
Aspendale-Northglenn_Northglenn-Colo

DENVER — Headwaters Group, a Denver-based real estate owner and developer, has launched a new active adult brand.  Dubbed Aspendale, the brand will serve residents age 55 and older at a portfolio of communities across Colorado and the western U.S.  The current Aspendale portfolio comprises four communities scheduled to open between late 2025 and mid-2026. Located in Centennial, Colorado, Aspendale Centennial will total 200,000 square feet and 172 apartments. Now leasing, the property is scheduled to open in late 2025.  Aspendale Northglenn in Northglenn, Colorado, is also currently leasing and totals …

0 FacebookTwitterLinkedinEmail

WINDSOR, Colo. — Green Courte Partners (GCP) has acquired 55 Resort at Water Valley, an active adult community located in Windsor, roughly 60 miles north of Denver.  Situated within the Water Valley master-planned development, the property totals 120 units.  GCP purchased the community through its Green Courte Real Estate Partners VI LLC investment fund. This acquisition brings GCP’s national senior living portfolio to 3,300 units across 21 communities. 

0 FacebookTwitterLinkedinEmail
Pine-Grove-Crossing_Parker-Colo

PARKER, Colo. — An affiliate of Meridian Senior Living LLC has acquired Pine Grove Crossing, a 127-unit assisted living and memory care community located in Parker, roughly 30 miles outside Denver.  JLL brokered the sale on behalf of the seller, a real estate private equity group. Meridian purchased and will operate the community on behalf of the buyer, an institutional investor.  Completed in 2018, the property features 100 assisted living and 27 memory care residences. Amenities at the community include shuttle bus excursions, private transportation services, a beauty salon and barbershop, …

0 FacebookTwitterLinkedinEmail

GREELEY, Colo. — Ascent Living Communities will serve as the operations and management provider for High Plains Crossing, a 52-unit memory care community located in Greeley, on behalf of the ownership.  Ascent plans to implement renovations at the property, which was originally opened in 2018. Plans include updated flooring; new furniture, fixtures and equipment; and reimagined lobby space. Renovations are scheduled for completion this spring, with residents remaining in their apartments throughout the process.  Founded in 2008, Ascent’s portfolio comprises more than 750 senior living units. 

0 FacebookTwitterLinkedinEmail
Capstone-at-Centerra_Loveland-Colo

LOVELAND, Colo. — IRA Capital has acquired Capstone at Centerra, a seniors housing community located in Loveland, for $40 million.  The community is situated within the 3,000-acre Centerra master-planned development, roughly 50 miles north of Denver.  Developed in 2023 by Hunt Midwest, the property totals 102 units, with 56 assisted living apartments and 46 memory care residences. The community was 95 percent occupied at the time of acquisition.  The property features proximity to healthcare facilities including UCHealth Medical Center of the Rockies and Banner McKee Medical Center, which are roughly one …

0 FacebookTwitterLinkedinEmail
The Lodge at Greeley in Greeley, Colorado

GRAND JUNCTION AND GREELEY, Colo. — JLL has brokered the $30 million sale of a seniors housing portfolio located in Colorado. The portfolio comprises two private pay communities — The Lodge at Greeley and The Lodge at Grand Junction — totaling 140 units. Bow River Capital sold the properties to an undisclosed buyer. JLL Capital Markets represented the seller in the transaction.  Delivered in 2020, The Lodge at Greeley in Greeley offers 92 residences, with 20 independent living units, 48 assisted living units and 24 memory care units in studio and …

0 FacebookTwitterLinkedinEmail

FORT COLLINS, Colo. — Co-developers MorningStar Senior Living and Haselden Real Estate Development have opened MorningStar at Old Town, a seniors housing property in Fort Collins.  The companies partnered with local landowner and developer J.D. Padilla to develop the asset in Old Town Fort Collins. Located at 360 Tenney Court, MorningStar at Old Town features 160 units for independent living, assisted living and memory care in a four-story residential building. Project partners included Hord Coplan Macht as architect, Haselden as general contractor and Thoma-Holec as interior designer.

0 FacebookTwitterLinkedinEmail

MCLEAN, Va. — Sunrise Senior Living, a McLean-based owner-operator, has added 13 senior living communities to its portfolio. The acquisitions came via two transactions. In the first, Sunrise became a joint-venture owner of two communities in the Chicago metro offering assisted living and memory care services. In the second transaction, Sunrise took over ownership of eight independent living communities in the greater Rocky Mountains area, and expects to take on three more management contracts in the coming weeks. The investment partners and names of the communities were not disclosed. Additionally, …

0 FacebookTwitterLinkedinEmail
Newer Posts