Development

All-Seasons-Delray_Delray-Beach-Fla
Assisted LivingDevelopmentFloridaIndependent LivingNews

Beztak Underway on 153-Unit Luxury Community in Delray Beach, Florida

by Hayden Spiess

DELRAY BEACH, Fla. — Beztak is underway on the development of a new luxury senior living community in Delray Beach.  Upon completion, All Seasons Delray will total 153 units, with 92 independent living apartments and 61 assisted living residences. Amenities at the property will include a swimming pool, landscaped courtyard, upscale pub and dining venues, theater, library, game room, fitness center, pottery and art studios, activity spaces and an on-site medical center.  ANF is serving as the construction manager for the project. “This community reflects a new standard in senior living, pairing …

Continue Reading
0 FacebookTwitterLinkedinEmail
CCRCDevelopmentFinanceIndependent LivingKansasNews

Ziegler Secures $53.8M in Bond Financing for CCRC Expansion Project in Kansas

by Hayden Spiess

MANHATTAN, Kansas — Ziegler has secured $53.8 million in bond financing through the City of Manhattan, Kansas, on behalf of Meadowlark, a single-site continuing care retirement community (CCRC).  Situated on 55 acres, Meadowlark currently totals 359 units, with 137 independent living apartments, 50 independent living duplexes and cottages, 38 assisted living apartments and a 134-bed skilled nursing facility that comprises 60 private beds and 74 semi-private beds.  The community was originally developed in 1975. In 2022, Ziegler arranged financing for an expansion of the property. Upon opening, the expansion reached full …

Continue Reading
0 FacebookTwitterLinkedinEmail
Oasis at Aventura
Affordable HousingDevelopmentFloridaNews

Housing Trust Group, AM Affordable Housing Open 95-Unit Community in Miami

by Hayden Spiess

MIAMI — Housing Trust Group (HTG) and AM Affordable Housing have opened Oasis at Aventura, a new affordable seniors housing community in Miami. Totaling 95 units across eight stories, the property was developed for $38 million.  Apartments at the community, which feature a one-bedroom layout, are reserved for residents age 62 and older earning at or below 25, 33 and 60 percent of the area median income. Monthly rental rates range from $555 to $1,369.  Amenities at Oasis at Aventura include a fitness center, community room, library, resident lounge, an outdoor …

Continue Reading
0 FacebookTwitterLinkedinEmail
Pelican-Valley-Senior-Living-Modernization-Project_Pelican-Rapids-Minn
DevelopmentMinnesotaNews

Pelican Valley Senior Living Breaks Ground on $8.4M Modernization Project

by Hayden Spiess

PELICAN RAPIDS, Minn. — Non-profit Pelican Valley Senior Living, a senior living provider in Pelican Rapids in western Minnesota, has broken ground on an $8.4 million modernization project at its campus, which features a skilled nursing center, as well as assisted living and memory care communities.  Phase I of the project will renovate part of a former hospital wing to serve as temporary resident housing during construction. The second phase will redevelop 14 resident rooms and expand community areas including dining, therapy, chapel and social spaces.  Wold Architects & Engineers is …

Continue Reading
0 FacebookTwitterLinkedinEmail
Terracotta-Terrace_Winter-Park-Fla
Active AdultDevelopmentFloridaNews

United Group Begins Construction on 152-Unit Active Adult Community in Orlando Metro

by Hayden Spiess

WINTER PARK, Fla. — The United Group of Cos. has begun construction on Terracotta Terrace, an active adult community in Winter Park, roughly 6 miles northeast of Orlando.  Upon completion, the property will total 152 units reserved for residents age 55 and older. Residences will include one- and two-bedroom apartments, as well as penthouses. Additionally, the community will feature 12,000 square feet of amenity space. Amenities will include a pool, outdoor bar and kitchen, dog park, bocce ball, shuffleboard courts, fire pits, cabanas, a great room, café and bar area, movie …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cedarbrook-Senior-Living_Tigard-Ore
Assisted LivingDevelopmentFinanceMemory CareNewsOregon

PLG Provides $25.6M C-PACE Financing for Seniors Housing Development in Oregon

by Hayden Spiess

TIGARD, Ore. — PACE Loan Group (PLG) has provided $25.6 million in Commercial Property Assessed Clean Energy (C-PACE) financing for a seniors housing development currently underway in Tigard, roughly 10 miles outside downtown Portland. Mosaic is the developer and borrower.  Construction on the community, Cedarbrook Senior Living, began this year. Upon completion, which is scheduled for early 2028, the development will feature one four-story building with 107 assisted living units and 64 memory care beds.  PLG worked with Countryman Capital Partners to orchestrate the development’s capital stack. Financing for the project …

Continue Reading
0 FacebookTwitterLinkedinEmail
Valara_Henderson-Nevada
DevelopmentNevadaNews

Investcor Plans 244-Unit Luxury Senior Living Project Near Las Vegas

by Hayden Spiess

HENDERSON, Nev. — Investcor has announced plans for a new, 244-unit luxury senior living project in Henderson, a city located roughly 15 miles southeast of Las Vegas. The City of Henderson is currently reviewing the project plans.  Upon completion, the community, dubbed Valara, will feature independent living, assisted living and memory care residences within one building. Valara will be situated adjacent to a Whole Foods within The District at Green Valley Ranch, a mixed-use development. Planned amenities at the community include a tearoom, whiskey lounge, multiple restaurants and private dining rooms, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Horizon-House-Rendering_Seattle
DevelopmentFinanceIndependent LivingNewsWashington

Horizon House Secures $600M Financing for Development Project at Seattle Campus

by Hayden Spiess

SEATTLE — Nonprofit organization Horizon House has secured bond financing for a development project at its senior living campus in the First Hill neighborhood of Seattle. Ziegler arranged the financing, completing the successful pricing of Horizon House’s $600 million Series 2025AB bonds through the Washington State Housing Finance Commission. The bonds are scheduled to close in December.  The existing senior living campus currently features 377 independent living apartments and 90 assisted living and memory care residences. The bonds will be used to fund a new, 33-story tower at the property, dubbed …

Continue Reading
0 FacebookTwitterLinkedinEmail
Leyden-Senior-Apartments_Franklin-Park-Ill
Affordable HousingDevelopmentIllinoisNews

Evergreen Real Estate Group Tops Off 80-Unit Affordable Development in Metro Chicago

by Hayden Spiess

FRANKLIN PARK, Ill. — Evergreen Real Estate Group has topped off Leyden Senior Apartments, an 80-unit independent living development currently underway in Franklin Park, a western suburb of Chicago.  Designed by Weese Langley Klein Architects, Leyden Senior Apartments will feature 72 one-bedroom and eight two-bedroom residences. Units will be reserved for seniors age 62 or older earning at or below 60 percent of the area median income. Pre-leasing is scheduled to begin in spring 2026, with delivery planned for that summer. F.H. Paschen is serving as the project’s general contractor.  Amenities …

Continue Reading
0 FacebookTwitterLinkedinEmail
Gordon-H-Mansfield-Veteran-Seniors-Village_West-Deptford-N.J
Affordable HousingDevelopmentNew JerseyNews

WinnDevelopment, Soldier On Break Ground on $29M Affordable Development for Veterans

by Hayden Spiess

WEST DEPTFORD, N.J. — WinnDevelopment and nonprofit Soldier On have broken ground on a new affordable housing development in West Deptford for senior veterans. This marks the fifth partnership between WinnDevelopment, the development arm of WinnCos., and Soldier On.  Upon completion, the $29 million development will feature 84 apartments reserved for veterans age 55 and older. Dubbed the Gordon H. Mansfield Veterans and Seniors Village, the 84,720-square-foot property will have a mix of one- and two-bedroom units. Twenty-one apartments will be reserved for residents earning at or below 30 percent of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts