ATLANTA — Developer New Columbia Residential and Quest Community Development Organization have acquired the former Atlanta Job Corps headquarters in Atlanta’s West End, with plans to convert the historic building into affordable seniors housing.
CHULA VISTA, Calif. — Douglas Wilson Cos. (DWC) has opened Sienna at Otay Ranch in the San Diego suburb of Chula Vista, the first in the developer’s new line of seniors housing communities.
FLOWERY BRANCH, Ga. — Phoenix Senior Living has broken ground on The Phoenix at Braselton, a 162-unit community in Flowery Branch, approximately 45 miles northeast of Atlanta.
HIGHLAND PARK, Ill. — Capitol Seniors Housing has begun construction of Atria Highland Park, an assisted living and memory care community in the Chicago suburb of Highland Park.
CUMMING, Ga. — Phoenix Senior Living has neared completion of The Phoenix at James Creek, a 90-unit assisted living and memory care community in Cumming, approximately 40 miles northeast of Atlanta.
LACEY, Wash. — KeyBank Community Development Lending and Investment (CDLI) has provided $70 million in combined construction and permanent loan financing to AVS Communities.
SARASOTA, Fla. — BMO Harris Bank’s Healthcare Real Estate Finance group acted as sole lender for a $46.5 million construction loan for the development of a 198-unit seniors housing community in Sarasota.
WEST ST. PAUL, Minn. — Dougherty Mortgage LLC has provided a $20.9 million HUD-insured loan for the construction of Darts Senior Apartments, a 172-unit affordable seniors housing property in West St. Paul.
ORLANDO, Fla. — Dr. Phillips Charities has completed construction of HarborChase, a luxury independent living, assisted living and memory care community in the Dr. Phillips neighborhood of Orlando.
WALNUT CREEK, Calif. — Lancaster Pollard Mortgage Co. has arranged $22.5 million in financing for the construction of Trellis Walnut Creek, a 59-bed skilled nursing facility in the Bay Area city of Walnut Creek.
