Memory Care

ST. AUGUSTINE, Fla. — Capital Health Group, LLC and Fortress Ventures, LLC have formed a joint venture to develop a 64-bed, market-rate memory care community on 9 acres of land located at 840 State Road 16 in St. Augustine. The land was purchased by the venture in December and the new facility is scheduled to open in the second quarter of 2016.

DALLAS — A joint venture between MedProperties Holdings LLC and The LaSalle Group Inc. is developing four memory care communities in Overland Park, Kan.; Alpharetta, Ga.; Greenville, S.C.; and Estero, Fla.