Development

Senior Lifestyle Corp. Breaks Ground on New Development near Chicago

by Jeff Shaw September 10, 2015

GREEN OAKS, Ill. — Senior Lifestyle Corp., a privately held owner, operator and developer of seniors housing communities, has broken ground on The Sheridan at Green Oaks, a seniors housing community in the northern suburbs of Chicago.

September 10, 2015

Cascade Manor CCRC in Oregon Undergoing $10M Expansion

by Jeff Shaw September 8, 2015

EUGENE, Ore. — Cascade Manor, a continuing care retirement community (CCRC) in Eugene, is currently in progress on a $10 million expansion that will create 30 new luxury independent living apartments and community amenities.

September 8, 2015

Development Memory Care News

Silverado to Build New Memory Care Facility in Washington

by Jeff Shaw September 8, 2015

BELLINGHAM, Wash. — Memory care developer Silverado will lay the foundation for Silverado Bellingham, an 80-bed memory care community in Bellingham, on the West Coast near the Canadian border, on Sept. 11.

September 8, 2015

Active Adult Development News

Active Senior Concepts, AgeWell to Open Two Luxury Communities in Georgia

by Jeff Shaw September 8, 2015

SUWANEE and ACWORTH, Ga. — Seniors housing developers Active Senior Concepts (ASC) and AgeWell Living will open two new luxury communities this month, Celebration Village Forsyth in Suwanee and Celebration Village Acworth in Acworth, both in the northern suburbs of Atlanta.

September 8, 2015

CCRC Development Finance News

Cain Brothers Underwrites $27.6M Bond Financing to Expand CCRC in Oregon

by Jeff Shaw September 4, 2015

DALLAS, Ore. — Cain Brothers has underwritten $27.6 million in bond financing for Dallas Retirement Village, a continuing care retirement community (CCRC) in Dallas, about 15 miles west of Salem.

September 4, 2015

Development News

Zenith Capital, Seniority Plan $23.5M Community near Seattle

by Jeff Shaw September 3, 2015

COVINGTON, Wash. — Seniors housing operator Seniority Inc. and investor Zenith Capital have revealed joint plans for a new 98-unit assisted living and memory care community on three acres in Covington, approximately 25 miles southeast of Seattle.

September 3, 2015

Development Memory Care News Operations

Riverwood to Manage New Memory Care Community in Georgia

by Jeff Shaw September 2, 2015

DALLAS, Ga. — Florida-based operator Riverwood Retirement Management Inc. has been selected to manage Westminster of Dallas, a memory care community currently under construction in Dallas about 30 miles northwest of Atlanta.

September 2, 2015

Assisted Living Development News

Sagora Begins Construction on Assisted Living Community Near Dallas

by Jeff Shaw September 2, 2015

CARROLLTON, Texas — Sagora Senior Living has started construction on Briarview, a 84-unit assisted living and memory care community in Carrollton, a northern suburb of Dallas.

September 2, 2015

Development Memory Care News

Civitas Plans New Memory Care Community near Dallas

by Jeff Shaw August 31, 2015

FRISCO, Texas — Civitas Senior Living has revealed its plans for La Fontaine, a 28-unit memory care community in Frisco, a northern suburb of Dallas.

August 31, 2015

Development Investment News

Lancaster Pollard Provides $26.7M to Develop New Paradigm Community in Texas

by Jeff Shaw August 28, 2015

CONROE, Texas — Lancaster Pollard private equity program, Propero Seniors Housing Equity Fund, has provided $26.7 million to develop Woodhaven Village, a new seniors housing community in Conroe, about 40 miles north of Houston.

August 28, 2015

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