Development

Sodalis Opens 48-Unit Expansion in Buda, Texas

by Jeff Shaw January 15, 2019

BUDA, Texas — Sodalis Senior Living has completed a 48-unit expansion at its community in Buda, a suburb of Austin.

January 15, 2019

Ryan Cos., Grand Living Plan 174-Unit Community in Iowa

by Jeff Shaw January 11, 2019

WEST DES MOINES, Iowa — Ryan Cos. US Inc. and Grand Living have unveiled plans for a 174-unit seniors housing community in West Des Moines.

January 11, 2019

Development News

Tutera Completes $55M Community Near Kansas City

by Jeff Shaw January 8, 2019

PRAIRIE VILLAGE, Kan. — Tutera Senior Living & Health has completed construction of Mission Chateau Senior Living Community in Prairie Village, just south of Kansas City.

January 8, 2019

Assisted Living Development News

HFF Arranges $5.3M Sale of Assisted Living Site Within Mixed-Use Development in Metro Miami

by Jeff Shaw January 8, 2019

DORAL, Fla. — HFF has arranged the sale of a 1.3-acre development site in Doral, a first-ring suburb of Miami, for $5.3 million. An assisted living community is planned for the property, which is located within the 250-acre Downtown Doral mixed-use community.

January 8, 2019

Development Finance News Skilled Nursing

CBRE Provides $25.9M Development Financing for Skilled Nursing Facility in Illinois

by Jeff Shaw January 3, 2019

MUNDELEIN, Ill. — CBRE has provided $25.9 million in HUD financing for the development of Transitional Care of Lake County, a 185-unit skilled nursing facility.

January 3, 2019

Development News

SunTrust Funds Development Financing for $300M Luxury Project in Atlanta

by Jeff Shaw December 21, 2018

ATLANTA — SunTrust Banks Inc. (NYSE: STI) has provided $86 million in financing first-phase construction of Village Park Senior Living.

December 21, 2018

Development Finance News

HJ Sims Provides $15M Financing for University-Affiliated CCRC in Suburban New York

by Jeff Shaw December 21, 2018

PURCHASE, N.Y. — HJ Sims has provided $15 million in financing for the development of Broadview Senior Living at Purchase College, a continuing care retirement community.

December 21, 2018

Active Adult Development News

Pollack Shores Plans 166-Unit Active Adult Community in Melbourne, Florida

by Jeff Shaw December 20, 2018

MELBOURNE, Fla. — Multifamily developer and investment firm Pollack Shores Real Estate Group has unveiled plans for 166 active adult apartments in the Viera community of Melbourne.

December 20, 2018

Development News

Bruckal Development Group Opens 119-Unit Hotel Conversion in Arizona

by Jeff Shaw December 20, 2018

DEER VALLEY, Ariz. —The Bruckal Development Group of Arizona, in partnership with Ridgeline Properties of Ann Arbor, Mich., has opened Deer Valley Senior Living in Deer Valley, a suburb of Phoenix.

December 20, 2018

Development News

Presby’s Inspired Life Opens Affordable Community in Southwest Philadelphia

by Jeff Shaw December 18, 2018

PHILADELPHIA — Presby’s Inspired Life has opened Witherspoon Senior Apartments, an adaptive reuse project that turned a former nursing home into affordable seniors housing in Southwest Philadelphia.

December 18, 2018

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