Development

LaSalle Group Opens 54-Bed Memory Care Community in San Antonio

by Jeff Shaw February 26, 2016

SAN ANTONIO — The LaSalle Group has opened Autumn Leaves of Westover Hills, a 54-bed memory care community in San Antonio.

February 26, 2016

Development News

Steadfast to Build $95.5M Community in California

by Jeff Shaw February 25, 2016

LAGUNA NIGUEL, Calif. — In a joint venture with Fremont Realty Capital, Steadfast Cos. is developing Crestavilla, a luxury 201-unit independent living, assisted living and memory care community in the Los Angeles suburb of Laguna Niguel.

February 25, 2016

Development Memory Care News

Anthem Opens $13M Memory Care Community near Chicago

by Jeff Shaw February 25, 2016

BURR RIDGE, Ill. — Anthem Memory Care has opened the doors on Harvester Place, a 66-unit memory care community in the Chicago suburb of Burr Ridge.

February 25, 2016

CCRC Development News

Isakson Living Breaks Ground on New Health Center at CCRC near Atlanta

by Jeff Shaw February 24, 2016

STONE MOUNTAIN, Ga. — Isakson Living has broken ground on a new health center at Park Springs, a 474-unit luxury continuing care retirement community (CCRC) in Stone Mountain, approximately 20 miles east of Atlanta.

February 24, 2016

Development News

Petra Receives Grant to Assess Affordable Community Site near Philadelphia

by Jeff Shaw February 23, 2016

PHOENIXVILLE, Pa. — The Pennsylvania Department of Community and Economic Development has arranged a $46,125 Industrial Sites Reuse Program (ISRP) grant for Petra Community Housing. Petra will use the grant money for an environmental assessment regarding a potential affordable seniors housing community in Phoenixville, approximately 25 miles northwest of Philadelphia.

February 23, 2016

Assisted Living Development News

Sunrise Set to Open 80-Unit Community in Los Angeles

by Jeff Shaw February 23, 2016

LOS ANGELES — Sunrise Senior Living is set to open Sunrise at Palos Verdes in Los Angeles in March, marking the operator’s 42nd community in California.

February 23, 2016

Development News Skilled Nursing

Mainstreet, Symphony Open $18.8M Skilled Nursing Facility in Indiana

by Jeff Shaw February 22, 2016

CHESTERTON, Ind. — Mainstreet, an Indiana-based skilled nursing developer, and skilled nursing operator Symphony Post Acute Network have opened Symphony of Chesterton, a 106-bed skilled nursing facility in Chesterton, approximately 45 miles southeast of Chicago, Ill.

February 22, 2016

Development News

Roger B. Kennedy, Wendover Housing Partners Break Ground on $12.8M Community in Florida

by Jeff Shaw February 22, 2016

TALLAHASSEE, Fla. — Roger B. Kennedy Construction, a builder based in Orlando, has broken ground on Kenwood Place, a $12.8 million seniors housing community in Tallahassee.

February 22, 2016

Assisted Living Development News

Cardinal Ventures Breaks Ground on 88,000 SF Community in South Carolina

by Jeff Shaw February 19, 2016

ELGIN, S.C. — Cardinal Ventures, a developer based in Mississippi, has broken ground on The Blake at Woodcreek Farms, a seniors housing community located within the 2,300-acre resort-style community of Woodcreek Farms in the Columbia suburb of Elgin.

February 19, 2016

Development Finance News

Love Funding Arranges $12.3M HUD Loan for Construction of Community in Chicago

by Jeff Shaw February 15, 2016

CHICAGO — Love Funding, a lender based in Washington, D.C., has arranged a $12.3 million HUD loan for the construction of Montclare Senior Residences of Lawndale, a 120-unit supportive living community in Chicago.

February 15, 2016

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