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Assisted LivingDevelopmentNew YorkNews

Benchmark Plans 100-Unit Community in Mount Pleasant, New York

by Jeff Shaw

MOUNT PLEASANT, N.Y. — Benchmark Senior Living has unveiled plans for Benchmark at Mount Pleasant, a seniors housing community in the Westchester County town of Mount Pleasant, approximately 25 miles north of Manhattan. The community, slated for completion in spring 2024, will be Benchmark’s third in metro New York City, joining two existing communities opened on Long Island. It will feature 74 assisted living units and 26 memory care units. Benchmark is partnering with Shelbourne Healthcare Development Group LLC, a development and investment firm in Wayne, Penn. Benchmark will serve …

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Affordable HousingDevelopmentFinanceIllinoisNews

Associated Bank Provides $6M Construction Loan for Diamond Senior Apartments in Peru, Illinois

by Jeff Shaw

PERU, Ill. — Associated Bank has provided $6 million in financing for construction of the Diamond Senior Apartments, a seniors housing community in Peru, located along the Illinois River approximately midway between Chicago and the Iowa border. The borrower is 3 Diamond Development. The project includes 56 units in 10 single-story residential buildings. All units are restricted to low-income seniors age 55 and older. Twelve of the units will be restricted to households earning less than 30 percent of the area median income (AMI), and the remaining 44 units will …

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Affordable HousingCaliforniaDevelopmentNews

Development Team Starts Construction of Evermont Mixed-Use Project in Los Angeles

by Jeff Shaw

LOS ANGELES — A co-development team consisting of BRIDGE Housing, the Coalition for Responsible Community Development (CRCD) and Primestor Development have started construction of Evermont, a mixed-use project on the former site of the 1992 Los Angeles riots. The new mixed-use development will deliver 180 affordable housing units for seniors and families, retail stores, a transit plaza and a Metro public transportation system training facility. Construction of Evermont is scheduled for completion in 2024. The residential component, led by BRIDGE Housing and CRCD, consists of Vista@Evermont, which will offer 62 …

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DevelopmentNew JerseyNewsSkilled Nursing

Marquis Completes $3M Renovation Project at Arbor Ridge in Wayne, New Jersey

by Jeff Shaw

WAYNE, N.J. — Marquis Health Consulting Services has completed a $3 million renovation project at Arbor Ridge Rehabilitation & Healthcare Center in Wayne, approximately 20 miles west of Manhattan. Arbor Ridge provides post-hospital care, short-term rehab and long-term residential care. The 120-bed skilled nursing facility maintains a four-star rating from the Centers for Medicare & Medicaid Services (CMS). Renovation highlights also include wide, bright hallways; well-appointed rooms with contemporary fixtures and furnishings; and updated, centralized nurses’ stations. A second phase of the project will add a 3,000-square-foot therapy gym and an activities …

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Assisted LivingDevelopmentFloridaNews

Atlas, Rimrock Plan The Canopy at Beacon Woods in Hudson, Florida

by Jeff Shaw

HUDSON, Fla. — Atlas Senior Living and Rimrock Cos. have entered into a joint venture to build, own and operate The Canopy at Beacon Woods. The assisted living and memory care community will be located in Hudson, approximately 40 miles northwest of Tampa along the Gulf Coast. The property will feature 40 assisted living and 24 memory care units. Construction is scheduled for completion in July 2023.

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Affordable HousingDevelopmentMassachusettsNews

TD Bank Provides $22M Construction Loan for LGBTQ-Friendly Adaptive Reuse Project in Boston

by Jeff Shaw

BOSTON — TD Bank has provided $22 million in construction financing to redevelop William Barton Rogers (WBR) Middle School in the Hyde Park neighborhood of Boston into 74 units of mixed-income seniors housing, with a focus on LGBTQ seniors. The WBR school is a historic and social landmark in Hyde Park, serving and educating the Hyde Park community for over a century. The building will be preserved and adapted for this new project, which will include the protection of the historic exterior facade as well as significant interior architectural elements …

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Assisted LivingCaliforniaDevelopmentNews

Spellman Brady Completes Interiors for Arbol Residences in Santa Rosa, California

by Jeff Shaw

SANTA ROSA, Calif. — Spellman Brady & Co. has completed the interior renovation of Arbol Residences, a seniors housing community in Santa Rosa. Spellman Brady’s scope of work included space planning, selection of interior finishes, furniture, and artwork for the common areas and amenities of the community’s assisted living building, as well as interior finishes for resident apartments. Spellman Brady partnered with developer LCS Development, architects Tactic Studios and contractor BNBuilders. Arbol Residences of Santa Rosa Village is a continuing care retirement community in the Sonoma area that offers a …

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DevelopmentMarylandNewsSkilled Nursing

Marquis Completes $5M Renovation at Meadow Park in Catonsville, Maryland

by Jeff Shaw

CATONSVILLE, Md. — Marquis Health Consulting Services has completed a $5 million renovation project at Meadow Park Rehabilitation & Healthcare Center, a 120-bed skilled nursing facility in the Baltimore suburb of Catonsville. The renovation featured upgrades throughout the Meadow Park building, including fixtures and furnishings; wood flooring; and wide, bright hallways. The work also centered on an expansion of the rehab therapy gym and the incorporation of an activities of daily living (ADL) suite. During the renovation process, Meadow Park also enhanced its specialty care programming in partnership with regional …

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DevelopmentIndustry Voices

The New Wave in Senior Living: Designing for the Younger, Active Resident

by Jeff Shaw

By Connie Wittich, founding principal, Metropolitan Studio Traditionally in the senior living space, we’ve seen the repetition of the same design style. Older, mature, gray and beige hues that complement what we think the older generation may enjoy — a space that matches the maturity of the intended target generation, including the baby boomers.   While understanding your audience is important and there is a time and a place to use this design style, it’s crucial to dig deeper psychologically and understand the 55-plus mind.  Everyone wants to be younger. …

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CCRCDevelopmentFinanceIndependent LivingNewsVirginia

Ziegler Arranges $71M Bond Financing for Shenandoah Valley Westminster-Canterbury in Winchester, Virginia

by Jeff Shaw

WINCHESTER, Va. — Ziegler has arranged $71 million in bond financing for Shenandoah Valley Westminster-Canterbury (SVWC), a continuing care retirement community (CCRC) in Winchester, approximately 75 miles west of Washington, D.C. SVWC was founded in 1982 and provides housing, healthcare and other services to nearly 400 residents on its 87-acre campus through the operation of 218 independent living units (164 apartments and 54 cottages), 48 assisted living units, 12 memory care units and 51 skilled nursing beds. SVWC is completing an independent living unit expansion project known as the Hackwoods, …

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