PEARLAND, Texas — Greystone has provided a $37 million Fannie Mae seniors loan to refinance Watercrest at Shadow Creek Ranch, an independent living community in Pearland, a suburb of Houston.
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BRIDGEVILLE, Pa. — Resort Lifestyle Communities has opened Chartiers Bend Retirement Resort, a 128-unit independent living community in Bridgeville, a southwestern suburb of Pittsburgh.
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TRUMBULL, Conn. — Resort Lifestyle Communities (RLC) will host a groundbreaking ceremony Sept. 19 for River Valley, an independent living community in Trumbull.
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ATLANTA — Seniors housing operators and developers are facing pressure to adapt as a new category of lower-acuity housing rises in popularity. The new player in the seniors housing game — active adult — is undercutting independent living developers by
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PEORIA, Ariz., and HENDERSON, Nev. — Resort Lifestyle Communities has completed construction of two independent living communities, Arrowhead Valley Retirement Resort in the Phoenix suburb of Peoria and Cactus Valley Retirement Resort in the Las Vegas suburb of Henderson.
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RENO, Nev. — Propero Seniors Housing Equity Fund III has partnered with Mission Senior Living to fund the construction of Mission Mountain Vista, a 130-unit independent living community in Reno.
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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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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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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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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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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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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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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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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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BIG RAPIDS and GAYLORD, Mich. — Lancaster Pollard Mortgage Co. has arranged $16 million in financing for The Brook Retirement Communities.
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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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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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CHANDLER, Ariz. — Koelsch Communities has completed The Park at Copper Creek, an independent living community in Chandler.
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RICHMOND, Va. — Solvere Living has completed Aspire at Carriage Hill, a 148-unit independent living community in Richmond.
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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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COLUMBIA, S.C. — Discovery Senior Living has opened Discovery Village At Sandhill, a 187-unit independent living community in Columbia.
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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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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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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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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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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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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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