PFLUGERVILLE, Texas — Sparrow Partners and Welltower Inc. (NYSE: WELL) are nearing completion of Amberlin Pflugerville, an active adult community in the Austin suburb of Pflugerville. The developers claim the 195-unit property will be the first active adult community in Pflugerville. The community is under construction and scheduled to open this fall. The Hill Country Bible Church Pflugerville previously owned the property, having bought 52 acres from the Swenson family in 2004 and built a church on the west side of the site the following year. The church sold Sparrow …
Development
Walters Starts Construction of Expansion at Cornerstone at Branchburg Affordable Community in New Jersey
BRANCHBURG, N.J. — Walters has started construction of the second phase of Cornerstone at Branchburg, an age- and income-restricted apartment community in Branchburg. Situated on 11.7 acres, the property will feature 150 units when both phases are completed. Each phase represents a three-story building, with the first scheduled for completion in December 2022 and the second in spring 2023. Apartment floor plans include one- and two-bedroom residences, ranging from approximately 700 to 900 square feet. The development team is seeking LEED and Energy Star certifications. Priority is given to residents …
Marquis Completes $4M Renovation Project at Spring Grove Skilled Nursing Facility in New Providence, New Jersey
NEW PROVIDENCE, N.J. — Marquis Health Consulting Services has completed a $4 million renovation and modernization project at Spring Grove Rehabilitation & Healthcare Center. “Spring Grove’s reintroduction is the culmination of a vision four years in the works,” says Ugochi Opara, regional director of market development for Marquis Health Consulting Services, which supports the facility and spearheaded the renovation. “Spring Grove has been completely transformed into a modern, home-like environment for residents.” The Spring Grove renovation included a full-scale retrofit of the facility’s dedicated subacute unit and enhancements throughout its …
Pandemic Highlighted Strengths of Senior Living, Accelerated Important Changes, Say Developers
LOS ANGELES — While the COVID-19 pandemic clearly had a negative effect on seniors housing for the short term, it also provided a chance for developers, owners and operators to take an introspective look at what the industry does well and what needs improvement. “Many of us were on this stage two years ago talking about this same topic of development,” said Ben Seager, associate principal at KTGY, while moderating a panel at InterFace Seniors Housing West in Los Angeles. “A lot of people had opinions that probably got turned …
MINNEAPOLIS — Northmarq has secured $50 million in joint-venture equity for a four-property seniors housing development pipeline in Minnesota and Colorado. Equity was procured on behalf of the developer, Minneapolis-based United Properties. The joint-venture partner is a private equity group. The Northmarq team members that facilitated the equity and debt financing included Patrick Minea, Joel Heikenfeld, Dave Link and Stuart Oswald. All four assets are under United Properties’ Amira brand and are in various states of construction and lease-up. The projects include: Amira Bloomington, a 133-unit active adult community in …
Operators experiment with new programming and design ideas while redoubling their commitment to traditional person-centered care. By Jane Adler Despite suffering big pandemic-related occupancy losses, the memory care segment is focused on the future as it rebuilds its census. Operators are adopting new technologies and open building designs to advance established person-centered care protocols. The Montessori teaching method, popular for children, is being applied to programs for seniors with memory loss. Virtual reality, circadian lighting and multi-sensory rooms are being used to ease anxiety and boost engagement among residents. Locked …
Building ‘a Better Mousetrap’ By Jeff Shaw Elevate Senior Living is a company with one goal in mind: make seniors housing affordable for middle-class people. The introductory press release for the company — which also revealed the groundbreaking of its first project in Clearwater, Florida — said the target market is “the retired police officer, fireman, schoolteacher and everyday American.” Elevate plans to build 11 middle-market seniors housing communities over the next five years. Of course, the industry has grappled with this issue for years. In 2017, the National Investment …
Volunteers of America Plans $16.6M Renovation at Pine Grove Apartments in Gainesville, Florida
GAINESVILLE, Fla. — Volunteers of America National Services (VOANS) has unveiled plans for a $16.6 million renovation project at Pine Grove Apartments in Gainesville. Utilizing non-competitive Low Income Housing Tax Credits to refinance and rehabilitate the property, the work is slated for completion in summer 2023. Volunteers of America of Florida will continue to provide property management and services for residents. Constructed in 1984 with 97 affordable units for seniors under the HUD Section 202 program, the property will continue to benefit from HUD subsidizing for all units. The tenant-in-place …
MONTVALE, N.J. — Thrive Senior Living is nearing completion of Thrive at Montvale, a 203-unit seniors housing community in the DePiero’s Farm neighborhood of Montvale, located along the New York state border. The welcome center is currently open, and the community is scheduled to open for residents this spring. Located just off the Garden State Parkway and near the serene Lake Tappan, the three-story community will feature independent living and assisted living, plus a small-house model senior living environment focused on memory care.
Zon Breaks Ground on 45-Unit Independent Living Community in Indian Harbour Beach, Florida
INDIAN HARBOUR BEACH, Fla. — Zon Management has broken ground on The Residences at Zon Beachside. The 45-unit independent living community is located in Indian Harbour Beach, which is on a barrier island east of Orlando. The property is scheduled to open in spring 2023. The development is an addition to the existing Zon Beachside Assisted Living & Memory Care campus, creating a continuum of care at the property.