CHICAGO — Evergreen Real Estate Group has broken ground on two projects in Chicago’s North Side that will combine seniors housing with public library branches.
LEXINGTON, Va. — Kendal Corp., a nonprofit owner-operator based in Pennsylvania, has broken ground on a $40 million expansion at Kendal at Lexington, a 120-unit continuing care retirement community in Lexington.
DALLAS — Holliday Fenoglio Fowler LP (HFF) has arranged financing for the development of Forestwood Active Adult, a 197-unit, age-restricted community in North Dallas.
JACKSONVILLE, Fla. — BMO Harris Healthcare Real Estate Finance, as sole lender, has provided a $35.3 million loan for the construction of Grand Living at Tamaya, a 171-unit seniors housing community in Jacksonville.
OLATHE, Kan. —Real Estate Equities Development LLC has announced plans for its newest Village Cooperative community, which will be the first owner-occupied seniors housing cooperative in the Kansas City suburb of Olathe.
VENICE, Fla. — Florida-based Trez Forman Capital Group has provided a $44.8 million loan for the construction of The Floridian Club of Sarasota, a 309-unit active adult community in Venice.
ISSAQUAH, Wash. — The Wolff Company, an Arizona-based private equity firm and senior living developer, has broken ground on a 146-unit independent living community in the Seattle suburb of Issaquah.
LAKE HAVASU, Ariz. — Civitas Senior Living, Summerlin Asset Management LLC and Desert Land Group have broken ground on The Views at Lake Havasu, a 92-unit active adult community in Arizona.
NEWCASTLE, Wash. — Aegis Living has opened Aegis Gardens, a 110-unit assisted living and memory care community “open to all who enjoy celebrating Chinese culture” in the Seattle suburb of Newcastle.
