Development

Ventas to Further Diversify Portfolio with $1.5B R&I Development Pipeline

by Jeff Shaw February 13, 2019

CHICAGO — Seniors housing REIT giant Ventas (NYSE: VTR) has announced plans to further diversify its portfolio by launching a $1.5 billion, university-based research & innovation development pipeline.

February 13, 2019

Development News

Civitas Senior Living, Trepex Construction Break Ground on 234-Unit Community Near San Antonio

by Jeff Shaw February 12, 2019

CIBOLO, Texas — Civitas Senior Living and Trepex Construction have broken ground on The Brooks of Cibolo, an independent living, assisted living and memory care project northeast of San Antonio.

February 12, 2019

Development News

Belmont Village Opens 149-Unit Community in Orange County, California

by Jeff Shaw February 11, 2019

ALISO VIEJO, Calif. — Belmont Village Senior Living has opened Belmont Village Aliso Viejo, a 149-unit assisted living and memory care community in the Orange County city of Aliso Viejo.

February 11, 2019

Active Adult Company News Development News

Multifamily Developer Lloyd Jones Launches Active Adult Brand

by Jeff Shaw February 11, 2019

MIAMI — Lloyd Jones, a Miami-based real estate investment, development and management platform, has launched a new active adult multifamily brand named Aviva 55.

February 11, 2019

Development News

Civitas, LKP Ventures Plan 83-Unit Luxury Community in Roanoke, Texas

by Jeff Shaw February 8, 2019

ROANOKE, Texas — Civitas Senior Living, a senior living management company, and LKP Ventures, a real estate development company, have announced plans for Harvest Senior Living in the DFW metro of Roanoke.

February 8, 2019

CCRC Development Finance News

HJ Sims Arranges $54.2M Financing for CCRC Campus Expansion in Iowa

by Jeff Shaw February 6, 2019

AMES, Iowa — HJ Sims has arranged a $54.2 million financing package for the expansion and repositioning of Northcrest Community, a continuing care retirement community (CCRC) in Ames, approximately 35 miles north of Des Moines.

February 6, 2019

Development News

MorningStar, Confluent Open 71,000 SF Community in Santa Fe

by Jeff Shaw February 6, 2019

SANTA FE, N.M. — Co-developers MorningStar Senior Living and Confluent Senior Living have opened MorningStar Assisted Living & Memory Care of Santa Fe.

February 6, 2019

Development News

Phoenix Senior Living Breaks Ground on 43-Unit Community in Camden, South Carolina

by Jeff Shaw February 6, 2019

CAMDEN, S.C. — Phoenix Senior Living has broken ground on The Colonial at Historic Camden, a seniors housing community in Camden, approximately 30 miles northeast of Columbia.

February 6, 2019

CCRC Development News

San Francisco Campus for Jewish Living Opens Preview Center for $140M Expansion

by Jeff Shaw February 5, 2019

SAN FRANCISCO — San Francisco Campus for Jewish Living (SFCJL), a continuing care retirement community in San Francisco, has opened a preview center at its 190-unit Frank Residences expansion.

February 5, 2019

Development Finance KeyBank News

KeyBank, Cain Brothers Secure $27.8M in Financing for Affordable Development in Indiana

by Jeff Shaw February 5, 2019

MISHAWAKA, Ind. — KeyBank Real Estate Capital and Cain Brothers have secured financing for the construction of Hellenic Senior Living of Mishawaka, an affordable assisted living facility in Mishawaka, located just east of South Bend near the Michigan border.

February 5, 2019

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