Development

iBorrow Provides $12.5M Loan for Assisted Living Renovations in California

by Jeff Shaw October 26, 2017

OXNARD, Calif. — iBorrow, a private commercial real estate lender, has provided a $12.5 million loan for an assisted living community currently undergoing major renovations in the Los Angeles suburb of Oxnard.

October 26, 2017

CCRC Development News

Presbyterian Senior Living Completes $14.4M Expansion at CCRC in Pennsylvania

by Jeff Shaw October 24, 2017

OXFORD, Pa. — Presbyterian Senior Living has completed a $14.4 million expansion at Ware Presbyterian Village, a continuing care retirement community (CCRC) in Oxford, located midway between Philadelphia and Baltimore.

October 24, 2017

Development Features Industry Voices

Sunbelt Seniors Housing and Care Industry Continues to Expand

by Jeff Shaw October 23, 2017

Mom and Pops in the Southeast are left in a precarious position by rapid growth.

October 23, 2017

CCRC Development Finance News

Ziegler Arranges $39.3M in Bond Financing for Renovations at 278-Unit CCRC in South Carolina

by Jeff Shaw October 23, 2017

WEST COLUMBIA, S.C. — Ziegler, a specialty investment bank, has closed $39.3 million in bond financing for South Carolina Episcopal Home at Still Hopes, a 278-unit continuing care retirement community (CCRC) in Columbia.

October 23, 2017

Development Independent Living News

Spectrum Retirement Opens 132-Unit Independent Living Community Near Columbus, Ohio

by Jeff Shaw October 20, 2017

PICKERINGTON, Ohio — Spectrum Retirement Communities has finished construction of Sycamore Creek Senior Living, a 132-unit independent living community in the Columbus suburb of Pickerington.

October 20, 2017

CCRC Development News

Methodist Retirement Communities Plans 259-Unit CCRC in Fort Worth

by Jeff Shaw October 20, 2017

FORT WORTH, Texas — Methodist Retirement Communities (MRC) has unveiled plans for Stevenson Oaks, a 259-unit continuing care retirement community (CCRC) in Fort Worth.

October 20, 2017

Development Independent Living News

Holland Construction Breaks Ground on 30-Unit Community in Illinois

by Jeff Shaw October 19, 2017

MCLEANSBORO, Ill. — Holland Construction Services has broken ground on Fox Meadows Senior Independent Living, a 30-unit independent living community in McLeansboro, approximately 100 miles southeast of St. Louis.

October 19, 2017

Development News

P.B. Bell Plans 165-Unit Community Near Phoenix

by Jeff Shaw October 18, 2017

GLENDALE, Ariz. — Multifamily developer P.B. Bell is returning to the seniors housing industry with the development of Inspira Arrowhead, a 165-unit community in the Phoenix suburb of Glendale.

October 18, 2017

Development News

The Waters Begins Pre-Leasing 143-Unit Community in Pennsylvania

by Jeff Shaw October 17, 2017

WEXFORD, Pa. — The Waters Senior Living has started pre-leasing for The Waters of Wexford, a 143-unit independent living, assisted living and memory care community in Wexford, approximately 15 miles north of Pittsburgh.

October 17, 2017

Development News

Capitol Seniors Housing Announces $64.9M in Developments in Illinois, Massachusetts

by Jeff Shaw October 16, 2017

ANDOVER, Mass., and GLENVIEW, Ill. — Capitol Seniors Housing has unveiled plans for Atria Glenview in the Chicago suburb of Glenview and Stonehill of Andover in the Boston suburb of Andover. Both communities are scheduled to open during the fourth quarter of 2018.

October 16, 2017

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