STILLWATER, Minn. ─Intergenerational Living & Health Care Inc. (ILHC) has completed construction of Phase I at The Lakes at Stillwater, an independent living, assisted living and memory care community in the Minneapolis suburb of Stillwater.
Development
YUMA and FLAGSTAFF, Ariz. — The Weitz Company and Arizona Department of Veterans’ Services (ADVS) are preparing to break ground on a new Arizona State Veteran Home in Yuma. This will be the second such home built by the partnership, having recently broken ground on another in Flagstaff.
Webinar: Seniors Housing Growth Strategies – Ground-Up Development, Acquisition or Repositioning
Even in an environment in which banks are slower to back construction loans and operating pressures abound, seniors housing developers are adding product to the market at an aggressive clip. The industry, fueled by favorable demographics and ready capital, has added over 20,000 new units over the last three years. Still, the most successful seniors housing companies are taking a more sober approach, picking their spots. For these proven players, developers and owner/operators who develop, there’s no one approach. Some pursue growth through ground-up construction; others through acquisition; still others …
Rieber Developments Announces 12-Story Mixed-Use Complex to Include Seniors Housing Near Miami
AVENTURA, Fla. — Rieber Developments has unveiled plans for 12|12 Aventura, a mixed-use project with offices for medical professionals, a luxury senior living component and retail. The project is planned for a plot in Aventura, a northern suburb of Miami.