CONWAY, Ark. — Abby Development has purchased 14 acres in Conway, approximately 20 miles north of Little Rock, with plans to develop Arabella of Conway, a 94-unit independent living, assisted living and memory care community.
Development
Hubbell to Build 44-Unit Assisted Living Community as Part of New Development Near Des Moines
ANKENY, Iowa — Hubbell Realty Company will soon begin construction of Siena Hills, a 13-acre development in the Des Moines suburb of Ankeny. The full development will offer single-family homes, townhomes and a 44-unit assisted living and memory care community.
WILLIAMSBURG, Va. — Dougherty & Co. has acquired an unfinished memory care community in Williamsburg for $7.5 million. The Minneapolis-based investment bank and brokerage firm will open the community as Berkeley Oaks and lease it to Solvere Senior Living, a New Jersey-based operator.
Dekel Provides $16.1M for Development of 130-Unit Assisted Living Community in California
THOUSAND OAKS, Calif. — Dekel Strategic Investors, the equity fund of Dekel Capital, has provided $16.1 million for the development of Sage Mountain Senior Living, a 130-unit assisted living and memory care community in the Los Angeles suburb of Thousand Oaks.