Development

Ziegler Closes $48.7M Bond Financing for Renovation, Expansion of Rosedale Green Skilled Nursing Facility in Kentucky

by Jeff Shaw November 13, 2015

COVINGTON, Ky. — Ziegler, a specialty investment bank, has closed $48.7 million in bonds for the expansion and renovation of Rosedale Green, a skilled nursing community in the Cincinnati suburb of Covington.

November 13, 2015

Development News

Love Funding Arranges $19.7M Construction Loan for Veterans Community in Florida

by Jeff Shaw November 11, 2015

JACKSONVILLE, Fla. — Love Funding has arranged a $19.7 million HUD loan for the construction and permanent financing of Anthem Lakes, a seniors housing community in Jacksonville.

November 11, 2015

Development News

Lee & Associates Brokers $10.7M Sale of Office Site for Conversion to Seniors Housing

by Jeff Shaw November 11, 2015

CARPINTERIA, Calif. — Lee & Associates has arranged the sale of a 51,585-square-foot office building in the coastal Southern California town of Carpinteria for $10.7 million.

November 11, 2015

CCRC Development News

SQLC Breaks Ground on $72M Expansion to The Buckingham CCRC in Houston

by Jeff Shaw November 10, 2015

HOUSTON — Developer and operator Senior Quality Lifestyles Corp. (SQLC) has broken ground an a 183-unit, $72 million expansion to The Buckingham, a nonprofit continuing care retirement community in Houston.

November 10, 2015

Development Finance News

SunTrust Arranges $138M Credit Facility for Expansion, Renovations at MorseLife Community

by Jeff Shaw November 9, 2015

WEST PALM BEACH, Fla. — SunTrust Banks Inc. has arranged a $138 million tax-exempt senior secured credit facility for MorseLife Health System.

November 9, 2015

Development Finance News

CBRE Arranges $40.1M Construction Financing for Community in Oregon

by Jeff Shaw November 6, 2015

EUGENE, Ore. — CBRE National Senior Housing has arranged construction financing for the construction of The Springs at Greer Gardens, a 216-unit independent living, assisted living and memory care community in Eugene.

November 6, 2015

Development News

Mustang Creek Breaks Ground on $7M Community in Texas

by Jeff Shaw November 6, 2015

BURLESON, Texas — Mustang Creek Estates has broken ground on Mustang Creek Estates of Burleson, a $7 million assisted living and memory care community in the Fort Worth suburb of Burleson.

November 6, 2015

Development News

Winter Construction Breaks Ground on 74,000 SF Community in Tennessee

by Jeff Shaw November 6, 2015

FRANKLIN, Tenn. — Winter Construction has broken ground on a new Canterfield Senior Living community in Franklin, a southern suburb of Nashville.

November 6, 2015

Development Independent Living News

Gardner to Develop 85-Unit Affordable Community in Illinois for $16M

by Jeff Shaw November 5, 2015

WEST DUNDEE, Ill. — Gardner Capital Development, in partnership with the Elgin Housing Authority, was awarded $1.5 million in Low Income Housing Tax Credits (LIHTC) from the Illinois Housing Development Authority to develop West Dundee Senior Independent Living in the northwest suburbs of Chicago.

November 5, 2015

Development News

Mansions Senior Living to Build New Community near Atlanta

by Jeff Shaw November 5, 2015

ALPHARETTA, Ga. — Mansions Senior Living has announced plans for The Mansions of Alpharetta, a 214-unit independent living and assisted living community in the northern Atlanta suburb of Alpharetta.

November 5, 2015

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