Former tennis star turns into one of the biggest owners and operators in seniors housing. By Jeff Shaw It would be a massive understatement to describe Andy Kohlberg’s resume as “unusual.” It’s also very short: • Professional tennis player, 1979 to 1988 (final record of 90-100, including one doubles tournament win. His highest ranking was 142nd in February of 1986) • CEO and co-founder, Kisco Senior Living, 1990 to present • Vice chairman, Phoenix Suns, 1994 to present Taking a year off after retiring from tennis at the age of …
Development
MAUMELLE, Ark. — Health Dimensions Group (HDG) has opened Mira at Maumelle, which the developer claims is the first senior living community in the Little Rock suburb of Maumelle. Mira at Maumelle provides independent living, assisted living and memory care services. The number of units was not disclosed. HDG now manages the property, bringing its portfolio to 48 communities in eight states.
VINELAND and WINSLOW, N.J. — Live Well Senior Cottages, a New Jersey-based seniors housing development firm, has received governmental approval for two seniors housing development projects in Vineland and Winslow. The two municipalities are located approximately 15 miles away from each other, both in South Jersey about midway between Philadelphia and the Atlantic Coast. Project partners include ARH Associates Inc. and Key Engineers. Distinctive Living will be the operating partner in the venture with overall responsibility for management and marketing. Live Well communities will target middle-income seniors. The company plans …
LOS ANGELES — California-based TCA Architects and Mercy Housing California have completed Burbank Boulevard Senior Housing, a permanent supportive housing development for seniors age 55 and older in Los Angeles’ Sherman Oaks neighborhood. Permanent supportive housing is a housing model that combines low-barrier affordable housing, healthcare and supportive services to help residents lead more stable lives, according to TCA Architects and Mercy Housing. Situated on three acres, Burbank Boulevard Senior Housing features 55 studio and one-bedroom units that accommodate single senior occupants. Each apartment features individual kitchens and bathing facilities. …
DENVER — Cogir Senior Living and Ryan Cos. US Inc. have opened ACOYA Cherry Creek, a 137-unit independent living and assisted living community in Denver. “The demand for seniors housing is far from peaking and this includes the Denver market,” says Julie Ferguson, executive vice president of senior living, Ryan Cos. The property is located in the Cherry Creek neighborhood near locally owned boutiques, restaurants, and art galleries, less than five miles from downtown Denver. Cogir Senior Living develops, owns and/or operates 60 lifestyle communities throughout the United States. The …
TROY, N.Y. — United Group has promoted Clay Decker to director of acquisitions and development at the Troy-based developer, owner and operator. Decker will be responsible for advancing the company’s interests in property acquisition, targeting opportunities to refurbish, reposition and improve underperforming assets. He will also pursue additional ground-up development projects in various markets. Decker graduated from SUNY Albany with a bachelor’s degree in economics in 2004. He was formerly United Group’s senior financial analyst. In that role, he was responsible for the underwriting of all United Group projects. Prior …
California Commercial Investment Group Plans 300-Unit Community in Woodland Hills, California
WOODLAND HILLS, Calif. — California Commercial Investment Group has acquired a 19-acre site adjacent to the iconic Motion Picture & Television Fund campus in Woodland Hills for $30 million. The buyer plans to develop a luxury senior living community encompassing approximately 300 units on the site. Construction is scheduled to begin in 2026 with completion planned for 2028. The property is located in the Santa Monica Foothills, approximately 30 miles west of Los Angeles. It is just steps from the Calabasas farmers market and adjacent to the Motion Picture & …
AVENTURA, Fla. — Belmont Village Senior Living has broken ground on Belmont Village Aventura in Aventura, a coastal city approximately 15 miles north of Miami. The luxury project is being built in partnership with Turnberry, a developer of design-driven, amenity-rich residential, hospitality and mixed-use projects. It will be Belmont’s third location in South Florida and is scheduled to open in early 2026. This venture is Turnberry’s first collaboration with Belmont Village Senior Living. Spanning almost 180,000 square feet, Belmont Village Aventura will rise 11 stories. It will feature 153 independent …
ST. LOUIS, ST. PETERS and KANSAS CITY, Mo. — Missouri-based Arrow Senior Living has acquired three communities in its home state. Rebranded as The Burlington Creek, The Plaza at Wildwood and The Town & Country, Arrow successfully acquired the 252-unit portfolio for an undisclosed amount. All three properties offer “independent living plus,” assisted living and memory care. Located near The Plaza Art District in Kansas City, The Burlington Creek Senior Living, previously Anthology of Burlington Creek, first opened in 2016 and features 85 apartments. With the addition of The Town …
Commonwealth Senior Living Begins Memory Care Expansion at Community in Manassas, Virginia
MANASSAS, Va. — Commonwealth Senior Living has started the complete renovation of Commonwealth Senior Living at Manassas, located in the town of Manassas, approximately 35 miles southwest of Washington, D.C. The project includes the creation of a secure memory care neighborhood, which will feature a new dining room, a new fitness/therapy space and a new living/activity room dedicated to the memory of Caton Merchant, original founder of the community. In addition, all the apartments and public areas will be renovated, and the building exterior will be completely updated. “Since taking …