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Wellspring-Apartments
Affordable HousingDevelopmentFloridaNews

ANF Completes 99-Unit Affordable Seniors Housing Community Near Miami

by Hayden Spiess

OPA-LOCKA, Fla.  — Construction and development firm ANF has completed the construction of Wellspring Apartments, a new affordable seniors housing community located in Opa-locka, roughly 15 miles northwest of Miami. The Integral Group was the developer.  Totaling 99 units, Wellspring Apartments features studio, one- and two-bedroom apartments. Residences are reserved for seniors earning at or below 60 and 50 percent of the area median income (AMI), with 67 units reserved for residents earning at or below 50 percent of the AMI and 32 units reserved for residents earning at or below …

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Hale-Nā-Koa-O-Hanakahi_Hilo-Hawaii
Affordable HousingDevelopmentHawaiiNews

EAH Housing Completes $58M Affordable Seniors Housing Development in Hawaii

by Hayden Spiess

HILO, Hawaii — EAH Housing has opened Hale Nā Koa ‘O Hanakahi, a newly developed affordable seniors housing development in Hilo.  Residences are reserved for seniors age 62 and older earning at or below 80 percent of the area median income, with preference given to veterans and surviving spouses. This marks the first affordable senior living development for veterans in Hawaii.  EAH Housing developed the $58 million project in partnership with Hawaii Island Veterans Memorial Inc.   The property totals 91 one-bedroom apartments across three two-story buildings, with an additional unit for …

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DevelopmentFinanceFloridaNews

CFG Provides $179.8M Construction Loan to Erickson Senior Living

by Hayden Spiess

SARASOTA COUNTY, Fla. — Capital Funding Group has provided a $179.8 million construction loan to Erickson Senior Living. Erickson will use the financing for the first phase of development of Emerson Lakes, a continuing care retirement community (CCRC) currently underway in Sarasota County.  Situated within the Lakewood Ranch community, the first phase of Emerson Lakes will comprise four buildings — three residential buildings and one community building. Together, the three residential buildings will total 319 independent living units. Upon completion, Emerson Lakes will span 87 acres with 1,015 independent living residences …

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Brett Leon
ArizonaCompany NewsDevelopmentNewsPeople

Watermark Names Brett Leon Senior Vice President of Development 

by Hayden Spiess

TUCSON, Ariz. — Watermark Retirement Communities has named Brett Leon senior vice president of development.  Leon brings 22 years of real estate development leadership to the position, including roughly a decade of specializing in senior living with developer Alliance Residential. Leon worked with Arizona-based Watermark during his time at Alliance Residential, with Watermark managing nine Alliance communities during his tenure.  “Brett’s expertise and proven vision for senior living development will be instrumental as we expand our portfolio,” said Watermark CEO Paul Boethel in a statement.  Watermark was named the 28th largest …

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InterFace-Seniors-Housing-Southeast-Design-Build-Panel
DevelopmentFeaturesNews

InterFace Panel: Seniors Housing Design Blends Hospitality, Technology for Next Generation of Residents

by Hayden Spiess

ATLANTA — Health and wellness is an increasingly important component of seniors housing developments, as today’s seniors are living longer, staying more active and placing significance on quality of life. Connie Wittich, founding principal and CEO of Metropolitan Studio, points out that people want to live in beautiful places that focus on mental health and wellness, specifically. “We receive a lot of feedback with our early residents living in a new community, and they tell us it’s changing their life,” says Wittich. Unlike previous models that often emphasized privacy and …

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Assisted LivingDevelopmentIndependent LivingMemory CareMontanaNews

Trident Development Plans New Community in Montana

by Hayden Spiess

MISSOULA, Mont. — Trident Development is underway on plans for a new senior living community in Missoula.  Situated within the Old Sawmill District, the property will feature independent living, assisted living and memory care residences.  Trident’s partner Lifespark Senior Living will manage the community. Trident plans to break ground on the development in 2026. 

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Opus-Newton
CCRCDevelopmentMassachusettsNews

2Life Communities Opens New Middle-Market Property in Metro Boston

by Hayden Spiess

NEWTON, Mass. — Developer, owner and operator 2Life Communities has opened Opus Newton, a new middle-market senior living community in Newton, roughly 10 miles outside Boston.  Units at the continuing care retirement community (CCRC), which totals 172 apartments, range in size from 650 square feet to 1,350 square feet. Monthly rental rates at the community range from roughly $2,000 to $5,000, with entry fees beginning at $400,000.  Amenities at the community include a hair salon, convenience store, gym, fitness room, rehab room, health and wellness center, art studio, classroom, libraries, an …

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Kettner-Crossing-San-Diego
Affordable HousingCaliforniaDevelopmentNews

R.D. Olson Completes $30M Affordable Housing Development in San Diego

by Hayden Spiess

SAN DIEGO — R.D. Olson, an Irvine, California-based general contractor, has completed the construction of Kettner Crossing, a $30 million affordable housing community situated in San Diego’s Little Italy neighborhood. Bridge Housing Corp. was the developer. Totaling 64 units, the residences are reserved for seniors age 62 and older earning no more than 30 to 60 percent of area median income. The building also features 2,200 square feet of commercial office space available for lease. Amenities at the community include a rooftop overlooking North San Diego Bay, an open-air turf …

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Valley-Hi-Nursing-Rehabilitation_McHenry-County-Va
DevelopmentIllinoisMemory CareNewsSkilled Nursing

Wold Architects & Engineers Completes Expansion at 120-Bed Skilled Nursing Facility in Illinois

by Hayden Spiess

MCHENRY COUNTY, Ill. — Wold Architects & Engineers has completed an expansion project at Valley Hi Nursing & Rehabilitation in McHenry County Illinois. Wold designed the addition of a new dining room, kitchen and support spaces to accommodate a new memory care unit at the 120-bed skilled nursing facility. Residents rooms were updated with new interior finishes lighting and furnishing, and the project also included a walking path and indoor and outdoor gathering spaces.  McHenry County owns the facility.  “This project is a great example of how design can support both …

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Garfield-Terrace-II_Phoenix
Affordable HousingArizonaDevelopmentNews

Pennrose Underway on $57M Affordable Development in Phoenix

by Hayden Spiess

PHOENIX — Pennrose is currently underway on the second phase of Garfield Terrace, a $57 million affordable seniors housing development in downtown Phoenix. Pennrose recently opened Phase I of the development and commenced construction on Phase II.  Project partners include Butler Housing Co., CBC Financial Corp., the City of Phoenix and the Arizona Department of Housing (ADOH). Garfield Terrace I totals 60 studio and one-bedroom apartments for residents age 55 and older. Twelve units are reserved for seniors earning at or below 30 percent of the area median income (AMI), with …

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