Development

SOUTHFIELD, Mich. — Community Housing Capital (CHC) and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) have provided financing for John Grace Arms, an affordable seniors housing project in Southfield. Sourced from FHLBank Atlanta’s Affordable Housing Program (AHP) general fund and administered through CHC, a member of FHLBank, the financing totals $750,000 in grant funding.  An adaptive redevelopment of a historic school building, John Grace Arms will total 60 rental units with 5,000 square feet of community space.  MiSide is the developer of the project, which is scheduled for completion …

0 FacebookTwitterLinkedinEmail
Sagewood-Heritage-Glen_Fort-Worth-Texas

FORT WORTH, Texas — Thrive Senior Living and Orison Holdings have announced plans to open Sagewood at Heritage Glen, a new seniors housing community, in Fort Worth in 2026.  Orison Holdings and Arrive Architecture Group designed the property, which will feature 50 assisted living suites and 25 memory care suites.  Atlanta-based Thrive currently operates communities in Alabama, Florida, Georgia, Texas and New Jersey. Founded in 2013, Orison Holdings is a real estate investment and development firm with over $500 million of assets under management and more than 3,000 residential units constructed …

0 FacebookTwitterLinkedinEmail
Vista-Point-Fairview_Groton-Conn

GROTON, Conn. — Greystone has announced plans for the development of Vista Point at Fairview, a new nonprofit continuing care retirement community (CCRC) in Groton in southeast Connecticut. Construction on the $230 million project is scheduled to begin in summer 2026.  Upon completion, the community will offer independent and assisted living units. The Town of Groton recently approved the development, and 220 seniors have registered early as depositors.  The project team includes AG Architecture, C.E. Floyd Construction, 828 Interior Design, AgePop Marketing, Langan Civil Engineering, Ziegler Financial and the law offices …

0 FacebookTwitterLinkedinEmail
Aviva-Pembroke_Virginia-Beach-Va

VIRGINIA BEACH, Va. — Owner-operator Beth Sholom Village has opened Aviva Pembroke, a new community located in Virginia Beach adjacent to the Pembroke Square shopping mall. Pembroke Realty Group developed the property on behalf of Beth Sholom Village.  Totaling 153 units, the community features 121 independent living, 20 assisted living and 12 memory care residences.  Amenities at the property, which was designed by Kahler Slater, include a pool, fitness center, bistro, community room and a meditation and prayer room. Outdoor amenities include a deck, rooftop lounge and terrace, pickleball courts, putting …

0 FacebookTwitterLinkedinEmail
Northview-Housing-Development_Nashville-Tenn

NASHVILLE, Tenn. — The Clear Blue Co., Urban Campus and Core and Born Again Church have broken ground on Northview Housing Development, a new 254-unit workforce housing development for seniors in Nashville.  Upon completion, the property will feature one- and two-bedroom units reserved for seniors earning between 40 and 80 percent of the area median income (AMI). Amenities at the community will include a fitness center, rooftop deck, walking trails and recreational space. The community will also offer job skills training, social programming and wellness management and health education resources, through …

0 FacebookTwitterLinkedinEmail

PHOENIX — Thoma-Holec Design has been tapped to lead the interior design of five new Acanthus Senior Living developments. Each of the projects, all located throughout metro Phoenix, will be situated on a Catholic church property. The developments, which will comprise roughly 150 units each, will be located at St. Benedict Catholic Church in Ahwatukee, St. Clare of Assisi Catholic Church in Surprise, St. Raphael Catholic Church in Glendale, St. Gabriel Catholic Church in Cave Creek, and St. Joesph Catholic Church in Phoenix. Open to individuals of all faiths, the communities …

0 FacebookTwitterLinkedinEmail
Seniors-Housing-Rendering_California

Wilmington, N.C. — Live Oak Bank has provided a $40 million loan to finance the ground-up construction of a new seniors housing community in California.  Upon completion, the property will feature 140 assisted living and memory care units.  Live Oak Bank provided the financing, which features a five-year term and 42 months of interest-only payments, in conjunction with a $39.6 million CPACE loan provided by Nuveen Green Capital.  A joint venture between Harbert Seniors Housing Fund II and Harbert South Bay Partners is the borrower.

0 FacebookTwitterLinkedinEmail
Tiffany-Laurel-Reserve_Providence-R.I

PROVIDENCE, R.I. — LRT Co. has acquired 12.4 acres of land in Providence, with plans to develop a $65 million seniors housing campus at the site. The developer plans to break ground on the community, dubbed Tiffany Laurel Reserve, in summer 2025.  Upon completion, the property will total 157,000 square feet and feature 127 independent living residences and 77 assisted living and memory care units. Roughly 25 percent of the units will be reserved for low-income residents. The development will also feature 56 garage parking spaces.  LRT Co., which specializes in …

0 FacebookTwitterLinkedinEmail
CBRE Webinar Panel 2025 Outlook

The Dec. 12 webinar “2025 Seniors Housing Outlook — Investment, Valuations & Capital,” sponsored by CBRE, featured expert insight on issues shaping the seniors housing sector. The panel discussion covered investment outlooks, the impact of inflation, capital availability, labor stability and regulatory concerns. This webinar brought together industry leaders to discuss critical economic factors, value-based care and development opportunities in the ever-changing seniors housing landscape. The discussion offers a detailed analysis of operational challenges facing the sector, including rising insurance costs and regulatory headwinds. Before 2025 begins, learn more about …

0 FacebookTwitterLinkedinEmail
The-Reserve-Falls-Churc_Falls-Church-Va

Falls Church, Va. — NexCore Group and Experience Senior Living (ESL) have broken ground on The Reserve at Falls Church, a new, 215-unit senior living community in Falls Church, roughly 10 miles outside Washington, D.C.  Upon completion, the property will feature independent living, assisted living and memory care units across 15 stories. Amenities at the community will include multiple restaurants, an indoor saltwater pool, spa, fitness center and a “maker space” for creative endeavors.  Nuveen Real Estate is providing an undisclosed amount of capital for the project.  Scheduled to open in …

0 FacebookTwitterLinkedinEmail
Newer Posts