TRUSSVILLE, Ala. — Doster Construction Co. has broken ground on a $5.3 million independent living and assisted living community in the Birmingham suburb of Trussville.
CHARLOTTE, N.C. — Laurel Street Residential, a Charlotte-based affordable housing developer has broken ground on a 112-unit affordable multifamily community in the Belmont neighborhood of Charlotte.
ALLEN, Texas — Drever Capital Management and The Alder Group have started construction of Alders at Twin Creeks, a 243-unit active adult community in the Dallas suburb of Allen.
FLAGSTAFF, Ariz. — Welbrook Senior Living has started construction of a 50-bed skilled nursing facility in Flagstaff. Services at the facility will focus on transitional rehabilitation. Development costs were estimated at $13 million.
ROSWELL, Ga. — The Integral Group has selected a joint venture between McShane Construction Co. and IBG Construction to build The Veranda at Groveway, a 102-unit affordable seniors housing community in the Atlanta suburb of Roswell.
FORT COLLINS, Colo. — Drever Capital Management has unveiled plans for a new Windsong-branded memory care community in Fort Collins, approximately 60 miles north of Denver.
NAMPA, Idaho — CareTrust REIT Inc. (NASDAQ: CTRE) has made a $2.2 million preferred equity investment with Cascadia Healthcare LLC to fund the construction of a 99-bed skilled nursing facility in the Boise suburb of Nampa.
LOMBARD, Ill. — Lifespace Communities Inc. has completed the $19 million expansion and renovation of Beacon Hill, a continuing care retirement community in Lombard, approximately 20 miles west of Chicago.
