Development

Summit Vista Breaks Ground on 105-Acre CCRC in Utah

by Jeff Shaw July 7, 2017

TAYLORSVILLE, Utah — Construction has commenced for Summit Vista, a 105-acre continuing care retirement community in the Salt Lake Valley city of Taylorsville.

July 7, 2017

CCRC Development News

Kisco Opens New Healthcare Building at CCRC in Raleigh

by Jeff Shaw July 7, 2017

RALEIGH, N.C. — Kisco Senior Living has opened the new Healthcare Services Building at The Cardinal at North Hills, a continuing care retirement community in Raleigh.

July 7, 2017

Assisted Living Development News

IMPACT Strategies Completes $17.5M Seniors Housing Community in St. Charles, Missouri

by Jeff Shaw July 6, 2017

ST. CHARLES, MO. — IMPACT Strategies has completed Cedarhust of St. Charles, a $17.5 million seniors housing community in St. Charles.

July 6, 2017

Assisted Living Development News

Allegro Breaks Ground on 87-Unit Assisted Living Community in Missouri

by Jeff Shaw July 6, 2017

RICHMOND HEIGHTS, Mo. — Allegro Senior Living, a seniors housing developer and operator, has broken ground on an 87-unit assisted living and memory care community in the St. Louis suburb of Richmond Heights.

July 6, 2017

Development News

Top Capital of New York Delivers $18M Community Near Rochester

by Jeff Shaw July 6, 2017

BROCKPORT, N.Y. — Top Capital of New York LLC has completed construction of Chateau at Heritage Square, an independent living and assisted living community in the Rochester suburb of Brockport.

July 6, 2017

Development Memory Care News

Watercrest Breaks Ground on Memory Care Community in Palm Coast, Florida

by Jeff Shaw July 5, 2017

PALM COAST, Fla. — Watercrest Senior Living Group has broken ground on a new Market Street Memory Care Residence in Palm Coast, located approximately midway between Jacksonville and Orlando.

July 5, 2017

Development Finance News

Walker & Dunlop Arranges $20M Loan for Construction of Age-Restricted Community in Wisconsin

by Jeff Shaw June 29, 2017

SHOREWOOD, Wis. — Walker & Dunlop Inc. (NYSE: WD) has structured a $20 million loan for The Oaks of Shorewood, an age-restricted community under development in the Milwaukee suburb of Shorewood.

June 29, 2017

Development Finance News

CBRE Arranges $16.7M Construction Financing for 85-Unit Community in New Jersey

by Jeff Shaw June 29, 2017

SHREWSBURY, N.J. — CBRE has arranged construction financing totaling $16.7 million for The Chelsea of Shrewsbury, an 85-unit assisted living and memory care community in Shrewsbury, approximately 50 miles south of New York City.

June 29, 2017

Assisted Living Development News

Capitol Seniors Housing Completes Community in New Jersey, Plans Two More

by Jeff Shaw June 27, 2017

SHREWSBURY, MT. LAUREL and MORRIS PLAINS, N.J. — Capitol Seniors Housing (CSH), a senior living investment and development firm based in Washington, D.C., has completed construction of Arbor Terrace Morris Plains, an 82-unit assisted living and memory care community in Morris Plains. In addition, the company announced plans for two new communities in Shrewsbury and Mt. Laurel.

June 27, 2017

CCRC Development News

Kendal to Add 30 Cottages to CCRC in Virginia

by Jeff Shaw June 27, 2017

LEXINGTON, Va. — Kendal Corp., a nonprofit owner-operator based in Pennsylvania, has announced plans to add 30 new cottages to Kendal at Lexington, a 120-unit continuing care retirement community in Lexington.

June 27, 2017

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