Development

Mainstreet, Trilogy Finish Construction of $12.9M Skilled Nursing Facility in Indiana

by Jeff Shaw January 22, 2016

MOORESVILLE, Ind. — Mainstreet, a skilled nursing developer based in Indiana, and Trilogy Health Services, an operator based in Kentucky, have completed construction of The Springs of Mooresville, a 70-bed skilled nursing facility in Mooresville, a suburb of Indianapolis.

January 22, 2016

Development News

Presbyterian Senior Living Opens 50-Unit Affordable Community in Pennsylvania

by Jeff Shaw January 22, 2016

YORK, Pa. — Presbyterian Senior Living has opened the doors on Westminster Place at Queen Street, a 50-unit affordable seniors housing community in York, approximately 100 miles west of Philadelphia.

January 22, 2016

Development News

Walker & Dunlop Arranges $68.2M Construction Loan for Community in Florida

by Jeff Shaw January 21, 2016

LAKE WORTH, Fla. — Walker & Dunlop Inc. (NYSE: WD) has arranged a $68.2 million loan for the construction of Atria Villages of Windsor, a luxury independent living, assisted living and memory care community to be built in the Palm Beach County town of Lake Worth.

January 21, 2016

Development Features From The Magazine Memory Care

Memory care building binge raises concerns

by Jeff Shaw January 19, 2016

The number of units increased by 8 percent over a 12-month period in the nation’s largest 99 markets, NIC data shows

January 19, 2016

Development Features From The Magazine

Why ethnic-based communities are thriving

by Jeff Shaw January 19, 2016

By preserving certain cultural elements, developers are strengthening the bonds among seniors and creating a homey atmosphere

January 19, 2016

Development Features Finance From The Magazine

Developers Scramble to Fill LIHTC Project Funding Gaps

by Jeff Shaw January 19, 2016

Financing for affordable seniors housing falls short despite strong consumer demand, forcing creative solutions

January 19, 2016

Development Memory Care News

Medical Development Partners to Build Memory Care Community in Arizona

by Jeff Shaw January 19, 2016

CHANDLER, Ariz. — Medical Development Partners has unveiled plans for Parkland Memory Care, a 72-bed memory care community to be built in the Phoenix suburb of Chandler. Development costs were not disclosed.

January 19, 2016

Development News Skilled Nursing

Mainstreet, Trilogy Open 70-Bed, $12M Skilled Nursing Facility in Indiana

by Jeff Shaw January 18, 2016

RICHMOND, Ind. — Mainstreet, an Indiana-based developer of skilled nursing and rehabilitation facilities, has opened the doors on The Springs of Richmond, a 70-bed property in Richmond, which is located midway between Indianapolis and Columbus, Ohio.

January 18, 2016

Development News

Randolph Breaks Ground on 100-Unit Community near Chicago

by Jeff Shaw January 18, 2016

LONG GROVE, Ill. — William A. Randolph Inc., a commercial contractor, has broken ground on Long Grove Senior Care, a 100-unit assisted living and memory care community in the Chicago suburb of Long Grove.

January 18, 2016

Development News

Sonata Starts Construction of Luxury Community Near Orlando

by Jeff Shaw January 14, 2016

WINTER GARDEN, Fla. — Sonata Senior Living, an Orlando-based owner and operator of senior living communities exclusively located in central Florida, has started construction of Sonata West.

January 14, 2016

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