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Assisted LivingDevelopmentLouisianaNews

Liberty Opens 93-Unit Adaptive Reuse of Former Courthouse in New Orleans

by Jeff Shaw

NEW ORLEANS — Liberty Senior Living has opened The Carrollton, a seniors housing adaptive reuse of a former courthouse in New Orleans. The community features 73 assisted living and 20 memory care units. The project renovated 16,000 existing square feet, while adding 85,000 more. Construction of Carrollton Courthouse and the adjacent jailhouse were commissioned by Jefferson Parish in 1854 and completed in 1855. Architect Henry Howard designed the property in the Greek Revival style. The Carrollton Courthouse served as the seat of government for Jefferson Parish until it was annexed …

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Active AdultDevelopmentIndustry Voices

Active Adult Communities Ride the Demographic Wave

by Jeff Shaw

Developers look to capitalize on the 73 million baby boomers who are now seniors. By R.J. DeBee III Baby boomers, the generation that started the rebellious youth movement in the 1960s, are still shaking up American society. They represent a demographic shift known as the “silver tsunami” that is sweeping the country. The rate of U.S. baby boomers, estimated at about 73 million, entering their senior years continues to grow significantly. An estimated 10,000 people are turning 65 daily, with the leading edge of this age group now in their …

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Company NewsDevelopmentFrom The Magazine

Company Profile: Distinctive Living Partners Up

by Jeff Shaw

Through value-add acquisitions and ground-up developments, new owner-operator is a big believer in the power of collaboration. By Jeff Shaw For a company that’s less than two years old, Distinctive Living has grown quickly. Launched in 2021, Distinctive currently operates 27 seniors housing communities under third-party contracts, with 19 of its own ground-up projects in some phase of development through its affiliate company, Distinctive Living Development. The company, based in Freehold, New Jersey, plans to have an ownership stake in all its own development endeavors. Those 27 communities total 2,881 …

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CaliforniaCCRCDevelopmentFinanceNews

Ziegler Arranges $29M Financing for Ensō Verde Development in Simi Valley, California

by Jeff Shaw

SIMI VALLEY, Calif. — Ziegler has arranged $29 million in bond financing for Ensō Verde, a seniors housing currently under development in Simi Valley. The borrower is Kendal Corp., which began developing the continuing care retirement community in 2022. Locate don 21 acres, plans call for 237 independent living units, 24 assisted living units, 24 memory care units and related amenities and common areas. The California Public Finance Authority issued the unrated bonds, which are a mix of tax-exempt and taxable. The bonds will be used to purchase the development …

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DevelopmentLegal IssuesNewsPeople

Beacon Communities Hires Justin Babineaux as Associate General Counsel of Property Management

by Jeff Shaw

BOSTON — Beacon Communities, a developer in the affordable, market-rate and mixed-income property space, including seniors housing, has hired Justin Babineaux as associate general counsel of property management. Most recently, Babineaux served as staff attorney at Columbia Residential, where he managed and oversaw legal matters relating to fair housing and regulatory compliance. In his new role, Babineaux will serve as primary legal support for the property management team in all legal aspects of the ownership and management of affordable and mixed-income housing communities. Reporting to Beacon’s general counsel, he will …

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Affordable HousingDevelopmentHawaiiNews

EAH Housing Breaks Ground on $58M Affordable Community in Hilo, Hawaii

by Jeff Shaw

HILO, Hawaii — EAH Housing has broken ground on Hale Nā Koa ‘O Hanakahi, an affordable seniors housing community for veterans in Hilo, located on the east coast of the “Big Island” of Hawaii. Development costs are estimated at $58 million. In partnership with Hawaii Island Veterans Memorial Inc. (HIVM), EAH Housing will develop the residential component of the master-planned complex that will also include a community-based outpatient clinic. The property will be built on 5.5 acres owned by the County of Hawaii. The 92-unit affordable living community will be …

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DevelopmentMassachusettsNews

LCS Nears Completion of The Delaney at The Vale in Woburn, Massachusetts

by Jeff Shaw

WOBURN, Mass. — Life Care Services (LCS) has announced a summer 2023 opening for The Delaney at The Vale, an independent living, assisted living and memory care community in the Boston suburb of Woburn. Boston-based architect DiMella Shaffer designed the community. The number of units and development costs were not disclosed. The Delaney is part of The Vale, the master-planned redevelopment of the former Kraft Atlantic Gelatin Facility, which closed in 2015. In addition to The Delaney, The Vale offers retail and office space, landscaped areas and walking paths, preservation …

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DevelopmentMemory CareMissouriNews

Spellman Brady Completes Interior Design for Memory Care Expansion in Shrewsberry, Missouri

by Jeff Shaw

SHREWSBERRY, Mo. — Spellman Brady & Co. has completed the interior design for the addition to Our Mother of Perpetual Help Memory Care on the Cardinal Ritter Senior Service’s Shrewsberry campus. The single-story memory care addition has two wings consisting of 13 private units each. A small-home concept guided the overall design to create a residential home-like, non-institutional setting for residents. Spellman Brady collaborated with Vessel Architecture, which developed the building addition, and BSI Constructors, the general contractor for the project.

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DevelopmentNewsPeople

Perkins Eastman Hires Drew Roskos to Senior Living Team

by Jeff Shaw

CHICAGO — Design firm Perkins Eastman has hired Drew Roskos as an associate principal in its Chicago studio. With 19 years of experience, Roskos specializes in the design of senior living communities. He has received the American Institute of Architects Design for Aging Fellowship in 2021 and was named Design Champion by Environments for Aging in 2020. Roskos earned a bachelor’s degree in architecture from the New Jersey Institute of Technology and a master’s degree in gerontology from Concordia University Chicago.

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Affordable HousingContent PartnersDevelopmentIndustry ContentKeyBankOperationsPeopleVideosWebinars

Webinar: Meeting the Critical Need for Affordable Seniors Housing

by Sarah Daniels

    The Feb. 15 webinar “Meeting the Critical Need for Affordable Seniors Housing” focused on challenges and strategies for addressing resident needs while keeping costs down in the affordable seniors housing segment. This endeavor is no easy task in an environment where labor and staffing prices, construction costs and interest rates make calculations unwieldy. Three expert panelists discussed helpful programs, essential tax credits and successful case studies to light the way to affordable seniors housing. “We know that there’s a wave of 73 million baby boomers reaching an age …

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