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DevelopmentGeorgiaNews

Green Brick Plans $400M Mixed-Use Campus in Cumming, Georgia to Include Seniors Housing

by Jeff Shaw

CUMMING, Ga. — Green Brick Partners Inc., a homebuilding and land development firm, has purchased 152 acres in the Atlanta suburb of Cumming. The Plano, Texas-based company plans to develop a mixed-use campus valued at $400 million at the site named Sawnee Village. The development will include 474 detached and attached homes built by Atlanta-based Providence Group, as well as more than 250 apartments, 220,000 square feet of seniors housing, and office and retail space spanning 106,000 square feet. The master-planned campus will be situated near Ga. Highway 400 and …

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DevelopmentIndependent LivingNewsTexas

JPI Partners Breaks Ground on 185-Unit Independent Living Community in Anna, Texas

by Jeff Shaw

ANNA, Texas — JPI has partnered with the City of Anna to break ground on Parmore Anna Senior Living, a luxury independent living community in Anna, approximately 50 miles north of Dallas. The property will be the first of its kind in Anna and JPI’s second installment in its new line of senior developments. The Anna Housing Finance Corp. is also a partner on the project. The 150,000-square-foot community will span over nine acres and include 185 apartments. The project is scheduled for completion in 2023.

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DevelopmentMassachusettsMemory CareNews

EPOCH, National Development Opens 48-Unit Memory Care Community in Lexington, Massachusetts

by Jeff Shaw

LEXINGTON, Mass. — EPOCH Senior Living and National Development have opened Bridges by EPOCH at Lexington, a memory care community in the Boston suburb of Lexington. The community is located next to the Belmont Country Club and features three residential households, each consisting of 16 memory care suites. This opening marks the 11th Bridges standalone memory care community in New England for EPOCH Senior Living. EPOCH Senior Living also operates four luxury Waterstone Senior Living communities in Massachusetts, Connecticut and New York.

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Assisted LivingDevelopmentMichiganNews

Spellman Brady Completes Interior Design of Anthology of Farmington Hills in Michigan

by Jeff Shaw

FARMINGTON HILLS, Mich. — Spellman Brady & Co. (SBC) has completed the interior design for the newly constructed Anthology of Farmington, a 100-unit assisted living and memory care community in Farmington Hills, a suburb of Detroit. Anthology Senior Living, a CA Ventures – Senior Living Company owns and operated the property. Spellman Brady was responsible for the selection, procurement and installation of the project’s finishes, furniture, artwork and accessories. Spellman Brady collaborated with architect Roseman and Associates and general contractor Brinkmann Constructors.

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DevelopmentMarylandNews

Monarch Plans $80M Community in White Marsh, Maryland

by Jeff Shaw

WHITE MARSH, Md. — Monarch Communities has unveiled plans for Monarch White Marsh, a 188-unit independent living, assisted living and memory care community in the Baltimore suburb of White Marsh. Construction is scheduled to begin this month on the $80 million project. The property is incorporated into a 113-acre, master-planned, mixed-use development known as Villages of White Marsh. The community will be connected to a 20-acre park via a walking bridge providing access to 40 acres of open space and walking trails. The project is slated to open in late …

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Assisted LivingCaliforniaDevelopmentFinanceNews

Live Oak, Locust Point Provide $28M Construction Loan for 81-Unit Community in San Diego

by Jeff Shaw

SAN DIEGO — Live Oak Bank and Locust Point Capital have provided a $28 million loan for the development of an 81-unit assisted living and memory care community in the Clairemont neighborhood of San Diego. The borrower is a partnership between RhodesMoore and Frontier Management. The urban infill development will consist of a 73,000 square foot building and parking deck situated on 1.5 acres. Frontier will be the operator upon completion.

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Assisted LivingCaliforniaDevelopmentFinanceNews

Bayview Closes $11.5M C-PACE Financing for New Project in Southern California

by Jeff Shaw

SOUTHERN CALIFORNIA — Bayview PACE, a division of Silver Hill Funding, has arranged $11.5 million in C-PACE financing for the construction of a senior living community in Southern California. The development is 77,200 square feet and consists of 107 units of assisted living and memory care. The financing will support energy-efficient improvements including HVAC, lighting and windows, as well as seismic strengthening projects. MD Energy served as the PACE developer for the project. The borrower is a privately owned real estate development firm. Further details on the property were not …

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AcquisitionsCompany NewsDevelopmentFloridaNews

Drive Development Partners Merges with Lloyd Jones

by Jeff Shaw

MIAMI — Drive Development Partners, a boutique development advisory and construction management firm, has merged with Lloyd Jones, a real estate investment firm. Both companies are headquartered in Miami. Drive, which specializes in senior living and multifamily developments, matches Lloyd Jones’ current $1 billion portfolio which consists primarily of those two asset types. Drive’s managing partner in Florida, Michael Hass, will assume the role of senior vice president of development, design and construction at Lloyd Jones. The company currently has one ground-up senior living development under construction in Florida and …

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CCRCDevelopmentFloridaNews

John Knox Village Breaks Ground on $120M Expansion in Pompano Beach, Florida

by Jeff Shaw

POMPANO BEACH, Fla. — John Knox Village of Florida (JKV), a continuing care retirement community in the South Florida city of Pompano Beach, has broken ground on Westlake, a two-tower, $120 million expansion. The groundbreaking comes on the heels of the completion of The Pavilion, a $35 million addition that included a 380-seat cultural arts center, two restaurants and a bar. “Over the past five years, a master site plan has been developed to guide the capital improvements of our 70-acre campus and the opening of our Pavilion and, in …

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Affordable HousingDevelopmentIndianaNews

Evergreen Breaks Ground on $30M Green Oaks of Valparaiso Affordable Community in Indiana

by Jeff Shaw

VALPARAISO, Ind. — Chicago-based Evergreen Real Estate Group has started construction of Green Oaks of Valparaiso, a three-story, 120-unit assisted living community for low-income seniors in Valparaiso. The $30 million project is scheduled for completion in April 2023. It will offer 48 studio and 72 one-bedroom apartments, all of which will be reserved for seniors age 62 or older with incomes at or below 60 percent of the area median income (AMI). A financial assistance program will be available for those who qualify. Green Oaks of Valparaiso will be licensed …

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