SLIB Negotiates Sale of 114-Unit Community in Wisconsin
RACINE, Wis. — Senior Living Investment Brokerage has arranged the sale of Atrium of Racine and Bay Pointe at the Atrium, a senior living campus about 25 miles south of Milwaukee in Racine.
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LANE4 Breaks Ground on Two Independent Living Communities in Metro Kansas City
OVERLAND PARK, Kan., and BLUE SPRINGS, Mo. — LANE4 Property Group has started construction of two independent living communities in the Kansas City suburbs of Overland Park and Blue Springs.
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Life Care Services Underway with $100M Second Phase at Sagewood in Phoenix
PHOENIX — Life Care Services is developing the $100 million second phase at Sagewood in Phoenix. Westminster Capital is the joint venture development partner of the property, which opened in 2010 and currently has 316 units. Situated on 3.5 acres,
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Greystone Provides $8M in Refinancing for Age-Restricted Community in Hemet, California
HEMET, Calif. — Greystone has provided an $8 million Fannie Mae loan for the refinancing of Casa Del Rey Mobile Homes Estates, a manufactured housing property that is age-restricted to residents 55 years old and older in Hemet. Situated on 30.6
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Bethesda to Develop $18M Independent Living Community in Victoria, Minnesota
VICTORIA, Minn. — Watertown, Wis.-based Bethesda Lutheran Communities will break ground this month on Bethesda Cornerstone Village Victoria, an $18 million integrated Christian-focused community for active seniors and independent adults with a developmental disability. The project team includes Kraus-Anderson as construction
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Partnership to Develop 160-Unit MorningStar Senior Living at Old Town in Colorado
FORT COLLINS, Colo. — Co-developers MorningStar Senior Living and Haselden Real Estate Development, in partnership with local landowner and developer J.D. Padilla, have announced plans to develop MorningStar Senior Living at Old Town, an urban senior living project in Fort Collins’
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Bellwether Enterprise Funds $3M Loan for Affordable Seniors Housing Property in Metro Atlanta
DECATUR, Ga. — Bellwether Enterprise Real Estate Capital has provided a $3 million construction-to-permanent loan for the development of Scott Boulevard Senior Residences, an affordable seniors housing community in Decatur. Located eight miles east of downtown Atlanta, Scott Boulevard Senior Residences
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Ilan Investments Breaks Ground on 229-Unit Independent Seniors Living Community in Houston
HOUSTON — Ilan Investments has broken ground on Arella on Jones, an independent senior living community located in Northwest Houston. The project developed by Houston-based Ilan Investments and co-financed by Ilan Development and Bancorp South. Designed by Meeks Partners, the community
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Lancaster Pollard Arranges $16M Refinancing for Two Communities in Michigan
BIG RAPIDS and GAYLORD, Mich. — Lancaster Pollard Mortgage Co. has arranged $16 million in financing for The Brook Retirement Communities.
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Resort Lifestyle Communities to Break Ground on $30M Independent Living Project in Michigan
COMMERCE TOWNSHIP, Mich. — Resort Lifestyle Communities (RLC) plans to break ground Aug. 7 on an independent living community in Commerce Township, approximately 30 miles northwest of Detroit.
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Discovery Completes Renovation Project at Senior Living Community in Tulsa
TULSA, Okla. — Discovery Senior Living has completed renovations at Country Club At Woodland Hills, a senior living community in Tulsa. A grand unveiling of the updated areas will be held Saturday, July 27.
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Koelsch Communities Completes $40M Community in Chandler, Arizona
CHANDLER, Ariz. — Koelsch Communities has completed The Park at Copper Creek, an independent living community in Chandler.
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Solvere Completes $31.6M Independent Living Community in Richmond, Virginia
RICHMOND, Va. — Solvere Living has completed Aspire at Carriage Hill, a 148-unit independent living community in Richmond.
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Wolff Starts Preleasing at Independent Living Development in Washington
ISSAQUAH, Wash. — The Wolff Company has started preleasing at Revel Issaquah, an independent living community approximately 15 miles southeast of Seattle.
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Discovery Opens 187-Unit Independent Living Community in South Carolina
COLUMBIA, S.C. — Discovery Senior Living has opened Discovery Village At Sandhill, a 187-unit independent living community in Columbia.
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Allegro Completes 23-Story Community in Miami
MIAMI — Allegro has opened the doors on Allegro Dadeland, a 23-story seniors housing tower in the Dadeland district of Miami.
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Dominion Senior Living Launches Everlan Independent Living Brand
KNOXVILLE, Tenn. — Dominion Senior Living, a Knoxville-based owner and operator of 13 assisted living and memory care communities across South Carolina, Tennessee and Kentucky, has launched a new independent living brand: Everlan by Dominion Senior Living.
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CBRE Arranges $19.9M Refinancing for Independent Living Community Near San Francisco
CONCORD, Calif. — CBRE has arranged $19.9 million in financing for Carlton Senior Living Concord, a 152-unit independent living community in Concord, approximately 25 miles northeast of San Francisco.
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Wolff Opens New Independent Living Communities in Washington, Idaho
SPOKANE VALLEY, Wash., and EAGLE, Idaho — The Wolff Company, an Arizona-based private equity firm and multifamily developer, has completed construction or Revel Spokane in Spokane Valley and Revel Eagle in Eagle.
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United Church Homes Buys Brookdale Community in Dayton, Ohio
DAYTON, Ohio — United Church Homes (UCH), an Ohio-based provider of senior living and healthcare services, has acquired Brookdale Miami Township, an independent living community in Dayton.
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Watercrest, United Properties Break Ground on 198-Unit Community in Sarasota, Florida
SARASOTA, Fla. — Watercrest Senior Living Group and United Properties have broken ground on Watercrest Sarasota Senior Living Community, a 198-unit luxury senior living campus in Sarasota, along Florida’s Gulf Coast.
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Moceri Opens 44-Acre Senior Living Campus in Michigan
OAKLAND TOWNSHIP, Mich. — Moceri Cos. has opened Blossom Ridge, a 44-acre independent living community in Oakland Township, approximately 30 miles north of Detroit.
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Tutera Prepares to Open $55M Community in Kansas City
KANSAS CITY, Mo. — Tutera Senior Living & Health Care will open the first units at its newest Tutera Senior Living & Health Care location starting in June. The property is in the Tiffany Springs neighborhood of Kansas City.
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LCS to Build Multigenerational, College-Affiliated Community in Purchase, New York
PURCHASE, N.Y. — Life Care Services has unveiled plans for Broadview Senior Living at Purchase College, a 220-unit independent living community on the campus of Purchase College.
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PGIM Provides $17.2M Loan for Independent Living Community Near Salt Lake City
SOUTH JORDAN, Utah — PGIM Real Estate Finance has originated a $17.2 million Fannie Mae Choice refinancing for Legacy Retirement Center, an independent living community in the Salt Lake City suburb of South Jordan.
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Wolff Breaks Ground on Independent Living Community in Scottsdale, Arizona
SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based private equity firm and senior living developer, has broken ground on Revel Scottsdale, an independent living apartment community in the company’s hometown.
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HFF Arranges $31M Financing for 160-Unit Independent Living Community in Colorado
COLORADO SPRINGS, Colo. — HFF has arranged $31 million in financing for Province Springs, a 160-unit independent living community in Colorado Springs.
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