WHITESTOWN, Ind. — The Whitestown Town Council has given final approval for Spectrum Retirement to construct Anson Senior Living, a 174-unit independent living, assisted living and memory care community in the Indianapolis suburb of Whitestown.
Development
STERLING HEIGHTS, Mich. — Moceri Cos., a homebuilder based in metro Detroit, plans to develop a $300 million, master-planned community for seniors in Sterling Heights. Situated adjacent to the 27-hole Maple Lane golf course, the 807-unit development, known as Verandas, will feature a mix of townhouses, condominiums and apartments targeting adults age 55 and above.
HILO, Hawaii — Alden Capital Partners has financed the rehabilitation of Kamana Elderly Apartments, a 62-unit affordable housing development for seniors in Hilo. Alden was awarded $5.2 million in federal low-income housing tax credits and $2.6 million in Hawaii state low-income housing tax credits from Hawaii Housing Finance and Development Corp.