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Affordable HousingCaliforniaDevelopmentNews

TCA Architects, Mercy Housing Complete Burbank Boulevard Senior Housing in Los Angeles

by Jeff Shaw

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. …

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ColoradoDevelopmentNews

Cogir, Ryan Cos. Complete 137-Unit ACOYA Cherry Creek in Denver

by Jeff Shaw

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 …

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DevelopmentNewsPeople

United Group Promotes Clay Decker to Director of Acquisitions, Development

by Jeff Shaw

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 …

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CaliforniaCCRCDevelopmentNews

California Commercial Investment Group Plans 300-Unit Community in Woodland Hills, California

by Jeff Shaw

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 & …

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DevelopmentFloridaNews

Belmont Village Breaks Ground on 153-Unit Community in Aventura, Florida

by Jeff Shaw

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 …

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AcquisitionsDevelopmentMissouriNews

Arrow Senior Living Opens One Community, Acquires Three in Missouri

by Jeff Shaw

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 …

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DevelopmentMemory CareNewsVirginia

Commonwealth Senior Living Begins Memory Care Expansion at Community in Manassas, Virginia

by Jeff Shaw

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 …

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DevelopmentIndependent LivingNewsVirginia

Bonaventure Nears Completion of 133-Unit Alate Old Town in Alexandria, Virginia

by Jeff Shaw

ALEXANDRIA, Va. — Bonaventure has neared completion of Alate Old Town, a 133-unit independent living community in Alexandria. Partners on the project include Senior Lifestyle Corp. and Earthcraft. The development is scheduled to open in March. Located in the Old Town West historic district of the first-ring Washingon, D.C. suburb, future residents will have access to more than 200 restaurants and boutiques alongside historic museums and activities on King Street, less than 0.3 miles away.  Alate’s main restaurant, Old Town Tavern, will be open to the public.

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AcquisitionsAffordable HousingAssisted LivingDevelopmentNewsWashington

Great Expectations Acquires Sagebrook Seniors Housing Property in Bellevue, Plans Affordable Housing Conversion

by Jeff Shaw

BELLEVUE, Wash. — Great Expectations LLC has purchased Sagebrook, a seniors assisted living and memory care community on 2.3 acres in the Seattle suburb of Bellevue, for $16.5 million. The buyer plans to convert the property into a 108-unit apartment community for residents of all ages. The new property, which will be rebranded, will offer housing for residents earning 60 percent to 80 percent of area median income. The community is located at 15750 NE 15th St. Dan Chhan, Tim McKay, Sam Wayne and Matt Kemper of Cushman & Wakefield …

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