HOLTSVILLE and LAKE SUCCESS, N.Y. — Harrison Street Real Estate Capital LLC, a private equity firm based in Chicago, is partnering with developer and operator Engel Burman to develop two new seniors housing communities on New York’s Long Island.
SUMMERVILLE, S.C. — Mississippi-based developer Cardinal Ventures is set to break ground on The Blake at Carnes Crossroads, an assisted living and memory care community to be built in the Charleston suburb of Summerville.
CARBONDALE, Ill. — Love Funding, a lender specializing in HUD loans, has closed an $11.3 million bridge loan for Landings of Carbondale, a 92-unit assisted living and memory care community under development in the southern Illinois city of Carbondale.
SCOTTSDALE, Ariz. — The Wolff Company, a private equity firm based in Scottsdale, has announced plans to begin development on six independent living communities in the first quarter of 2016.
SWAMPSCOTT and MELROSE, Mass. — Cushman & Wakefield Senior Housing Capital Markets has arranged $53.4 million in financing and joint venture equity for the construction of two LCB Senior Living LLC developments in Massachusetts.
WILLIAMSVILLE, N.Y. — Picone Construction is renovating The Amberleigh, a seniors housing community located at 2330 Maple Road in Williamsville, a Buffalo suburb.
URBANDALE, Iowa — Lifespace Communities Inc. will break ground Friday on a $9 million redevelopment project for Deerfield Retirement Community, a CCRC in the Des Moines suburb of Urbandale.
PROSPECT HEIGHTS, Ill. — CBRE has arranged a $21.4 million loan for the construction of Greenbrier of Prospect Heights, a Class A assisted living and memory care community in the North Shore Chicago suburb of Prospect Heights.
OVERLAND PARK, Kan. — Indiana-based skilled nursing developer Mainstreet has opened The Healthcare Resort of Shawnee Mission, a skilled nursing facility in the Kansas City submarket of Overland Park.
AUSTIN, Texas — Spectrum Retirement Communities has started construction on Lake Travis Independent Living, a 150,000-square-foot luxury community in Austin.
