Development

Astoria Healthcare Enters Seniors Housing Sector with 110-Unit Community in Phoenix

by Jeff Shaw October 21, 2019

PHOENIX — Astoria Healthcare Properties has started construction of its first seniors housing community, The Retreat of Alameda in Phoenix.

October 21, 2019

Development Florida News

Watercrest, St. Joe Company Break Ground on 107-Unit Community on Florida Panhandle

by Jeff Shaw October 21, 2019

SANTA ROSA BEACH, Fla. — Watercrest Senior Living Group and The St. Joe Company have broken ground on Watercrest Santa Rosa Beach Assisted Living and Memory Care in Santa Rosa Beach, located on the Florida Panhandle.

October 21, 2019

Development News Pennsylvania

Lifespace Completes $39.5M Expansion at Community Near Pittsburgh

by Jeff Shaw October 18, 2019

UPPER ST. CLAIR, Pa. — Lifespace Communities has completed its $39.5 million expansion project at Friendship Village of South Hills in Upper St. Clair, approximately 12 miles southwest of downtown Pittsburgh.

October 18, 2019

Affordable Housing California Development News

R.D. Olson Completes $24M Affordable Development in Los Angeles

by Jeff Shaw October 18, 2019

LOS ANGELES — R.D. Olson Construction has completed The Curve at West Angeles, a 70-unit, 80,000-square-foot affordable mixed-use community in the Park Mesa Heights neighborhood of Los Angeles.

October 18, 2019

Development Florida News

Watercrest, United Properties Complete Construction of 128-Unit Community in Naples, Florida

by Jeff Shaw October 17, 2019

NAPLES, Fla. — Watercrest Senior Living Group and United Properties have completed construction of Watercrest Naples Assisted Living and Memory Care in Naples, a Gulf Coast city just northwest of The Everglades.

October 17, 2019

Development Florida News

Sonata Senior Living, AEW Plan Second Community in Viera, Florida

by Jeff Shaw October 17, 2019

VIERA, Fla. — Sonata Senior Living and AEW Capital Management have announced plans to develop Sonata Viera East, a luxury senior living community in the master-planned community of Viera, near Melbourne about 50 miles southeast of Orlando.

October 17, 2019

Development Florida Independent Living News

Cushman & Wakefield Brokers $8.3M Sale of Independent Living Development Site in Florida

by Jeff Shaw October 16, 2019

PALM BEACH GARDENS, Fla. — Cushman & Wakefield has negotiated the sale of a 10.4-acre commercial site in Palm Beach Gardens. An affiliate of United Group of Companies acquired the property for $8.3 million with plans to develop an independent living community.

October 16, 2019

Affordable Housing Development Indiana Investment News

Alliant Capital Invests in Affordable Redevelopment Project in Indiana

by Jeff Shaw October 16, 2019

TERRE-HAUTE, Ind. — Alliant Capital has invested an undisclosed amount for the development of Miller Parrott Lofts, an affordable seniors housing community in Terre-Haute.

October 16, 2019

Development Finance News Ohio

NorthMarq Arranges $23.7M Construction Loan for Communiy in Cincinnati

by Jeff Shaw October 11, 2019

CINCINNATI — NorthMarq’s Cincinnati office has arranged $23.7 million of debt and equity for the construction of Airy Hills at North Bend Crossing in Cincinnati.

October 11, 2019

Development Illinois News

Senior Lifestyle Breaks Ground on 125-Unit Community Near Chicago

by Jeff Shaw October 11, 2019

RIVER FOREST, Ill. — Senior Lifestyle Corp., along with Kaufman Jacobs, has broken ground on The Sheridan at River Forest in River Forest, a village just west of Chicago.

October 11, 2019

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