BIRMINGHAM, Ala. — Methodist Homes of Alabama and Northwest Florida has released plans for a $42.4 million expansion of Fair Haven, a continuing care retirement community (CCRC) in Birmingham.
RICHMOND, Ky. — Dominion Senior Living has started development on Dominion Senior Living of Kentucky, a 60-unit assisted living and memory care community in Richmond, approximately 25 miles south of Lexington.
EVERSHAM, N.J. — Wohlsen Construction Company, a Pennsylvania-based contractor, and Artis Senior Living, a Virginia-based developer, have completed construction of Artis Senior Living of Eversham.
GOUVERNEUR, N.Y. — KeyBank has provided $28.6 million in financing for Cambray Court Apartments, an affordable seniors housing redevelopment in Gouverneur, in far northern New York near the Canadian border.
IRVINE, Calif. — WNC, an Irvine-based investor specializing in low-income housing tax credits (LIHTC) including seniors housing, has closed WNC Institutional Tax Credit Fund 41 L.P., a $114.7 million institutional LIHTC fund.
JACKSONVILLE, Fla. — Watercrest Senior Living Group, a developer based in Florida, will open Watercrest of San Jose, a 90-unit assisted living and memory care community in Jacksonville, during summer 2016.
MIDVALE, Utah — KeyBank has provided a $12.5 loan for Founders Pointe Apartments, a 97-unit affordable seniors housing community being developed in the Salt Lake City submarket of Midvale.
RICHMOND, Calif. — The Pacific Cos. has opened the doors on Harbour View Apartments, a 61-unit affordable seniors housing community in Richmond, just north of Oakland along San Francisco Bay.
KATY, Texas — Blue Moon Capital Partners LLC and LCS have formed a joint venture to build The Delaney at Parkway Lakes, a 207-unit independent living, assisted living and memory care community in Katy, approximately 30 miles west of Houston.