Independent Living

Evergreen Real Estate Group Nears Completion of $24M Conversion of Historic Hospital to Independent Living in Illinois

by Jeff Shaw October 13, 2016

AURORA, Ill. — Evergreen Real Estate Group, a Chicago-based developer of market-rate multifamily properties, is nearing completion of its $24 million St. Charles Senior Living independent living development.

October 13, 2016

Independent Living News

Bascom Acquires 123-Unit Independent Living Community in Arizona for $18M

by Jeff Shaw October 3, 2016

PRESCOTT, Ariz. — Bascom Arizona Ventures has acquired the Prescott Lakes Senior Community, a 123-unit luxury independent living community for $18 million or $146,341 per unit.

October 3, 2016

CCRC Development Independent Living News

Wagman Construction Completes $50M Independent Living Expansion in Maryland

by Jeff Shaw September 21, 2016

FREDERICK, Md. — Wagman Construction has completed construction of The Lodge at Willow Ponds, a new independent living expansion on the Willow Ponds continuing care retirement community (CCRC) campus in Frederick, approximately 50 miles west of Baltimore.

September 21, 2016

CCRC Development Independent Living News

Life Care Services, Westminster Funds to Add 24-Unit Independent Living Neighborhood to CCRC in Phoenix

by Jeff Shaw September 13, 2016

PHOENIX — Life Care Services and Westminster Funds, the joint venture owners of Sagewood, a continuing care retirement community in Phoenix, have announced plans to add a 24-unit independent living neighborhood to the community’s campus.

September 13, 2016

Independent Living News

M&M Arranges Sale of 111-Unit Independent Living Community in Dallas Suburb

by Jeff Shaw September 13, 2016

GARLAND, Texas — Marcus & Millichap has arranged the sale of Montclair Estates, a 111-unit independent living community in the first-ring Dallas suburb of Garland, for an undisclosed price.

September 13, 2016

Independent Living News

Grand Park Capital, Chicago Pacific Founders Acquire Four-Property Portfolio for $180M

by Jeff Shaw September 12, 2016

CHICAGO — A joint venture between Chicago Pacific Founders, its affiliate CPF Living Communities and Grand Park Capital Management has acquired a four-property portfolio of Town Village-branded independent living properties for $180 million.

September 12, 2016

Development Independent Living News

McGrew Properties to Convert Vacant Nursing Home to Independent Living Using Affordable Housing Grant

by Jeff Shaw September 9, 2016

HOT SPRINGS, Ark. — McGrew Properties will convert a long-abandoned skilled nursing facility in Hot Springs into a 25-unit independent living community with the assistance of a $224,000 affordable housing grant.

September 9, 2016

Development Independent Living News

Rookis Investment Partners, Gulf Coastal Development to Add Independent Living to Arbor Community in Tampa

by Jeff Shaw September 1, 2016

TAMPA, Fla. — Rookis Investment Partners and Gulf Coastal Development have announced plans to add 139 independent living apartments to Arbor Terrace at Citrus Park, an assisted living and memory care community in Tampa.

September 1, 2016

Development Independent Living News

Gardner Capital Development to Develop 93-Unit Mixed-Income Independent Living Community in Texas

by Jeff Shaw August 10, 2016

MELISSA, Texas — Gardner Capital Development has unveiled plans for Gala, a 93-unit independent living community in Melissa, approximately 35 miles north of Dallas.

August 10, 2016

Finance Independent Living News

CBRE Arranges Refinancing of 84-Unit Independent Living Community Near Sacramento

by Jeff Shaw August 9, 2016

GRASS VALLEY, Calif. — CBRE has arranged the refinancing of Hilltop Commons, an 84-unit independent living community in the Sacramento suburb of Grass Valley. The total value of the loan was not disclosed.

August 9, 2016

Newer Posts

Older Posts

Upcoming Events

Sep
10

InterFace Affordable Housing Southern California 2026

Gain valuable perspectives on the trends, legislation, and market forces shaping affordable and workforce housing in California.
Sep
17

InterFace Las Vegas Multifamily 2026

Expert panelists will explore economic and demographic forces influencing demand, capital market conditions and more.
Sep
23

Webinar: Student Housing Year in Review — 2026-27 Leasing Cycle

The data is in from the 2026-27 leasing season — what does it mean for your 2027-28 strategy? Join us September 23, at 2:00 pm Eastern, for the webinar “Student ...
Sep
30

InterFace Central Florida Multifamily 2026

Hear from industry experts as they analyze current conditions, share outlooks, and explore opportunities and challenges in the region.
Oct
13

InterFace Nashville Multifamily 2026

Connect with key players in the Nashville apartment market and hear expert insights on trends shaping the region’s multifamily landscape.
Oct
20

InterFace St. Louis Multifamily 2026

Join owners, developers, investors, operators, and capital sources for expert-led discussions and high-level networking in St. Louis.
Nov
03

InterFace Salt Lake City Multifamily 2026

Examine economic and demographic drivers shaping the local multifamily landscape at InterFace Salt Lake City Multifamily in November.
Dec
10

InterFace Seniors Housing Northeast 2026

Join us in Philadelphia on December 10th for the 10th annual InterFace Seniors Housing Northeast conference, the region’s premier event covering seniors housing investment, development, operations and financing. This conference ...