Florida

Cardinal Ventures Plans Three Additional Seniors Housing Developments in the South

by Jeff Shaw August 1, 2019

WINTER GARDEN, Fla., and LITTLE ROCK, Ark. — Architect and developer Cardinal Ventures and its affiliated management company, Blake Management Group, are set to break ground on three new communities in Florida and Arkansas.

August 1, 2019

Florida News Operations

Watercrest Senior Living Takes Over Management of Memory Care Community in Palm Bay, Florida

by Jeff Shaw July 30, 2019

PALM BAY, Fla. — Watercrest Senior Living Group has been awarded management of the senior living community formerly known as Inspired Living of Palm Bay, located in a coastal city about 70 miles southwest of Orlando.

July 30, 2019

Active Adult Development Florida News Tennessee

Passco to Build 161-Unit Active Adult Communities in Tennessee, California

by Jeff Shaw July 24, 2019

GERMANTOWN, Tenn., and PALM DESERT, Calif. — Real estate investment company Passco Cos. has unveiled plans for two age-restricted apartment communities, each totaling 161 units, in Germantown and Palm Desert.

July 24, 2019

Development Florida News

Suffolk Breaks Ground on 104-Unit Community in South Florida

by Jeff Shaw July 22, 2019

ROYAL PALM BEACH, Fla. — Suffolk has broken ground on Inspired Living at Royal Palm Beach, a 106,562-square-foot facility that features 72 assisted living units and 32 memory care beds.

July 22, 2019

CCRC Development Finance Florida News

Ziegler Arranges $81.2M Bond Financing for CCRC Redevelopment in Fort Myers

by Jeff Shaw July 18, 2019

FORT MYERS, Fla. — Ziegler has arranged $81.2 million in bond financing for The Christian and Missionary Alliance Foundation, which owns and operates Shell Point Retirement Community, a massive continuing care retirement community (CCRC) in Fort Myers.

July 18, 2019

Development Florida News Texas

Atlas Announces Three Communities to Open in Texas, Florida in Fall 2021

by Jeff Shaw July 10, 2019

BIRMINGHAM, Ala. — Atlas Senior Living has announced construction timelines for a new location in Florida and two in Texas, both of which are new territories for the company. Atlas expects Fall 2021 to be the opening date for all three communities.

July 10, 2019

Acquisitions Assisted Living Florida News

SLIB Arranges $5.3M Sale of Assisted Living Community in Florida

by Jeff Shaw July 10, 2019

LAKE ALFRED, Fla. — Senior Living Investment Brokerage has arranged the sale of Southern Gardens, a 67-unit assisted living community in Lake Alfred, approximately midway between Tampa and Orlando.

July 10, 2019

Florida News Operations People

Watercrest Hires Dawn Osterweil as Executive Director of Community in Naples, Florida

by Jeff Shaw July 5, 2019

NAPLES, Fla. — Watercrest Senior Living Group has hired Dawn Osterweil as executive director of Watercrest Naples Assisted Living and Memory Care in Naples.

July 5, 2019

Development Florida News

Alliance Residential Plans 187-Unit Community in South Florida

by Jeff Shaw July 3, 2019

DELRAY BEACH — National multifamily developer Alliance Residential Co. has announced plans for Holden of Delray Beach a 187-unit seniors housing community in the small South Florida city of Delray Beach.

July 3, 2019

CCRC Finance Florida News

Ziegler Arranges $32.8M Bond Financing for CCRC in Florida

by Jeff Shaw June 26, 2019

LAKELAND, Fla. — Ziegler has arranged $32.8 million in bond financing for The Estates at Carpenters, a 33-acre continuing care retirement community (CCRC).

June 26, 2019

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