NUTLEY, N.J. — Rock Solid Builders Inc. has received a $29.5 million loan for the construction of a new active adult development in Nutley, New Jersey. Kearny Bank provided the 2.5-year, floating-rate financing. Completion of the development is scheduled for spring 2027. Upon completion, the property, Soho Park Residences, will feature 85 age-restricted units for residents ag 55 and older. Units will include one- and two-bedroom layouts, with an average apartment size of 1,110 square feet. Amenities at the community will include a fitness and wellness center, library, swimming pool and sun …
DELRAY BEACH Fla. — Lifespace Communities has broken ground on a $49 million expansion project at Harbour’s Edge, a senior living community in Delray Beach. Upon completion, the expansion will add 24 assisted living apartments and 16 memory care apartments to the property. Planned amenities include a garden with a walking path, a third-floor terrace for assisted living residents, a spa, bar and wellness gym, as well as dedicated dining rooms, kitchens and activity spaces. A groundbreaking event is scheduled for Aug. 20. Nonprofit Lifespace Communities owns and operates 15 communities …
RANCHO CORDOVA, Calif. — Developer, owner and operator Hawthorn Senior Living has opened Bear Hollow Estates, a new independent living community located in Rancho Cordova, roughly 15 miles outside Sacramento. Totaling 149 units, the property features studio, one- and two-bedroom apartments. Amenities at the $46.5 million development include a fitness studio, movie theater, billiards lounge, pub, salon and library. Outdoor features include walking paths, raised garden beds and a fire-pit courtyard. This marks Hawthorn Senior Living’s sixth community in California. Hawthorn’s national portfolio comprises more than 70 communities.
ATHENS, Ga. — Active Senior Concepts (ASC) has broken ground on Celebration Village Athens, a new senior living community in Athens, roughly 80 miles northeast of Atlanta. Upon completion, the development will total 377 units, with 96 bungalows, 20 independent living cottages, 70 independent living villas, 96 concierge living apartments, 66 assisted living apartments and 29 memory care suites. Celebration Village Athens will also feature a 30,000-square-foot Celebration Club and 4,000-square-foot spa and wellness center. Amenities at the community will include pickleball and bocce ball facilities, pavilions with grill stations, fire …
MARCO ISLAND, Fla. — Chancey Development, in partnership with BRW Development and Watermark Retirement Communities, has delivered The Watermark at Marco Island, a new, 86-unit community in Marco Island. This marks the first senior living community on the island. Totaling 103,000 square feet, the property features 66 assisted living and 20 memory care units. Chancey Architecture & Design designed the community, with Wichman Construction serving as the general contractor. Chancey also partnered with the City of Marco Island to create a public park adjacent to the property, which is located with …
‘AIEA, HAWAII — Nonprofit organization EAH Housing has begun leasing at Aloha lā Halewilikō, a new affordable seniors housing community in ‘Aiea. Totaling 140 units, the property is reserved for residents age 62 and older. Residences are available for households earning 30, 50 and 60 percent of the area median income. Units at the community include 83 studio and 56 one-bedroom apartments, as well as a manager’s unit. Amenities at the development include a multipurpose room, walking paths, fitness facilities, community gardens and digital literacy programs. Local nonprofit partner Lanakila Pacific …
ANNAPOLIS, Md. — Greystar has announced plans to develop a new active adult project in Annapolis. Upon completion, the community will total 175 units, with a mix of one-, two- and three-bedroom residences. Amenities at the five-story development will include a library, club room, kitchen, fitness studio, pet spa, swimming pool and exterior courtyard. Greystar recently acquired a 2.17-acre development site within Annapolis Town Center for the project. Construction is currently underway, and leasing is scheduled to begin in spring 2026. Annapolis Town Center features more than 50 retail stores and …
NEWTON, Mass. — MassDevelopment has issued a $134.9 million tax-exempt bond to Lasell Village Inc. for the renovation and expansion of a senior living community located on the campus of Lasell University in Newton. The financing will fund the purchase of 1.4 acres of land owned by Lasell University and the construction of a new building. Upon completion, the new building will feature 42 independent living apartments, a bistro, fitness and wellness centers, a multipurpose room, common space and other amenities. Lasell Village is a charitable corporation that was formed in …
YONKERS, N.Y. — The Mulford Corp., The Community Builders (TCB) and Yonkers Housing Authority have broken ground on a new affordable seniors housing development located in Yonkers. Dubbed Willow at The Ridgeway, the project marks the sixth and final phase of the redevelopment of the former Cottage Place Gardens public housing complex. Upon completion, the community will comprise 92 units, with 85 one-bedroom and seven two-bedrooms apartments. The one- and two-bedroom residences will average 550 and 800 square feet, respectively. Apartments will be reserved for seniors referred from the Yonkers Housing …
FORT LAUDERDALE, Fla. — Housing Trust Group (HTG) and Mount Hermon African Methodist Episcopal Church have opened Mount Hermon Apartments, a new affordable seniors housing community in Fort Lauderdale. Development costs totaled $43.5 million. Monthly rental rates at the community, which features one- and two-bedroom apartments, range from $433 to $1,422 per month. Units are reserved for seniors earning at or below 25 and 60 percent of the area median income. According to Apartments.com, the average rental rate for a one-bedroom apartment in Fort Lauderdale is $2,222. Amenities at the property …