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CCRCDevelopmentFloridaNews

Florida Nonprofit Breaks Ground on $380M CCRC in Boynton Beach

by Hayden Spiess

BOYNTON BEACH, Fla. — Green Cay Life Plan Village Inc., a nonprofit corporation, has broken ground on a continuing care retirement community (CCRC) project in Boynton Beach, approximately 30 miles north of Fort Lauderdale. The Winsberg at Green Cay will mark the first new CCRC in the county since 2016.  Upon completion, the project — which was first announced in 2022 — will span 15 acres. The community will total 220 residences in a 510,000-square-foot building, with 189 independent living units and 32 assisted living and memory care units. Amenities will include …

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Company NewsNewsPeople

Harrison Street Adds Jon Glass as Managing Director of Healthcare Real Estate Platform

by Hayden Spiess

CHICAGO — Harrison Street Asset Management has added Jon Glass to lead its healthcare real estate asset management platform as managing director. Glass most recently served as executive director, head of seniors housing asset management at PGIM.  Michael Corsini and Hardi Jackson will also join Harrison Street’s healthcare real estate division from PGIM. Corsini and Jackson will serve as senior associates. According to a statement issued by Harrison Street, the new hires reflect “the firm’s continued investment in expanding its asset management capabilities and supporting the continued growth and sophistication of …

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MorningStar-Canyons_Las-Vegas
AcquisitionsNevadaNews

Confluent Development, Ovation Group Sell 168-Unit Las Vegas Community

by Hayden Spiess

LAS VEGAS — A joint venture between Confluent Development and Ovation Group has sold MorningStar at The Canyons, a seniors housing community located in Las Vegas.  Confluent and Ovation co-developed the property, which totals 168 units, with MorningStar Senior Living. Delivered in 2024, the community features independent living, assisted living and memory care units in studio, one- and two-bedroom layouts.  Amenities at MorningStar at The Canyons include multiple dining venues, a salon and spa, theater, fitness center and swimming pool, as well as walking paths, a central courtyard and outdoor dining areas.  …

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RISE_Jacksonville-Fla
Active AdultDevelopmentFinanceFloridaNews

BWE Arranges $101M Bridge Loan for Active Adult Community in Jacksonville

by Hayden Spiess

JACKSONVILLE, Fla. — BWE has arranged a $101 million bridge loan for the refinancing of RISE at Glen Kernan Park, a newly delivered active adult community in Jacksonville. Developer and property management firm RISE is the borrower.  Rise at Glen Kernan Park, which totals 308 units, received its final certificate of occupancy in May 2026. Residences at the community include one- and two-bedroom apartments and single-story cottages reserved for residents age 55 and older. Amenities at the property include a clubhouse, fitness facility, swimming pool, pickleball courts and a bar and …

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Katie-Kensinger
Company NewsNewsPeople

Juniper Communities Promotes Katie Kensinger to National Director of Marketing

by Hayden Spiess

BLOOMFIELD, N.J. — Senior living owner and operator Juniper Communities has promoted Katie Kensinger to the position of national director of marketing.  Kensinger first joined the company in 2016 as senior director of community relations at Juniper Village at Brookline. She was added to the company’s regional team in 2022. In her new role, Kensinger will lead strategic marketing, branding, communications and digital engagement initiatives.  Kensinger was recently recognized by Argentum with a 2026 Passion & Purpose Award at the association’s senior living executive conference for her work integrating performing arts …

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Katie-Smith-Sloan
Company NewsNewsPeople

Katie Smith Sloan to Step Down as President, CEO of LeadingAge

by Hayden Spiess

WASHINGTON, D.C. — LeadingAge has announced that Katie Smith Sloan, president and CEO of the association, will step down, effective March 31, 2027. Sloan has served in her current roles since January 2016. Prior to that, she held the position of chief operating officer with the organization. “It has been the honor of my life to serve LeadingAge for the past 10 years as president and CEO, and for 10 years before that as chief operating officer,” says Sloan. “I have been privileged to work alongside talented colleagues who go …

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AcquisitionsAssisted LivingConnecticutMemory CareNews

Cushman & Wakefield Brokers Sale of 135-Unit Community in Central Connecticut

by Hayden Spiess

GLASTONBURY, Conn. — Cushman & Wakefield has brokered the sale of The Residence at Glastonbury, a 135-unit seniors housing community located in Glastonbury.  American Healthcare REIT acquired the property for an undisclosed price. LCB Senior Living will continue to operate the community on behalf of the new ownership.  The property features assisted living and memory care units.  Joshua Jandris, Brett Gardner, Jason Skalko and Robert Bracci of Cushman & Wakefield arranged the sale. 

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Company NewsNewsPeople

Catamount Constructors Launches Dedicated Senior Living Vertical

by Hayden Spiess

LAKEWOOD, Colo. — Construction firm Catamount Constructors has announced the launch of a new vertical dedicated to serving the seniors housing sector, in which the firm has been active for more than 15 years.  The Colorado-based company has named Bernida Chapman to lead the division as vice president, senior living. Chapman previously served as the leader of construction and development for Spectrum Retirement Communities.  “The best senior living projects come from truly understanding the business, not just the building, says James Benning, CEO of Catamount. “How these communities operate, what the …

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AcquisitionsCaliforniaNews

Affinius Capital, Alliance Residential Sell 545-Unit Northern California Portfolio

by Hayden Spiess

ROSEVILLE and SAN JOSE, Calif. — A joint venture between Affinius Capital and Alliance Residential has sold a two-property seniors housing portfolio totaling 545 units in Northern California.  The portfolio includes Sonrisa Senior Living in Roseville and The Watermark at Almaden in San Jose. Sonrisa Senior Living comprises 201 independent living units, 120 assisted living units and 24 memory care units across two buildings that were constructed in 2021 and 2023. The Watermark at Almaden, which features 200 independent living, assisted living and memory care units, opened in 2021.  Amenities at …

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Company NewsIllinoisNewsPeople

Covenant Living Names Jay Hibbard Next President

by Hayden Spiess

CHICAGO — Covenant Living Communities and Services, a nonprofit senior living organization, has named Jay Hibbard as the next president of the company.  Hibbard, who has more than 36 years of experience in seniors housing, will assume the position Oct. 1. He currently serves as chief growth and communication officer at Covenant Living and has been with the organization for more than a decade.  David Erickson has served as the organization’s president and chief executive officer since June 2024. Erickson will continue to act as the company’s CEO.  “This leadership structure …

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