Florida

SunTrust Provides $39M Construction Financing for 424-Unit Development in South Florida

by Jeff Shaw October 21, 2019

WELLINGTON, Fla. — SunTrust Bank has provided $39 million in construction financing for Wellington Bay, a seniors housing development in Wellington.

October 21, 2019

Development Florida News

Watercrest, St. Joe Company Break Ground on 107-Unit Community on Florida Panhandle

by Jeff Shaw October 21, 2019

SANTA ROSA BEACH, Fla. — Watercrest Senior Living Group and The St. Joe Company have broken ground on Watercrest Santa Rosa Beach Assisted Living and Memory Care in Santa Rosa Beach, located on the Florida Panhandle.

October 21, 2019

Development Florida News

Watercrest, United Properties Complete Construction of 128-Unit Community in Naples, Florida

by Jeff Shaw October 17, 2019

NAPLES, Fla. — Watercrest Senior Living Group and United Properties have completed construction of Watercrest Naples Assisted Living and Memory Care in Naples, a Gulf Coast city just northwest of The Everglades.

October 17, 2019

Development Florida News

Sonata Senior Living, AEW Plan Second Community in Viera, Florida

by Jeff Shaw October 17, 2019

VIERA, Fla. — Sonata Senior Living and AEW Capital Management have announced plans to develop Sonata Viera East, a luxury senior living community in the master-planned community of Viera, near Melbourne about 50 miles southeast of Orlando.

October 17, 2019

Development Florida Independent Living News

Cushman & Wakefield Brokers $8.3M Sale of Independent Living Development Site in Florida

by Jeff Shaw October 16, 2019

PALM BEACH GARDENS, Fla. — Cushman & Wakefield has negotiated the sale of a 10.4-acre commercial site in Palm Beach Gardens. An affiliate of United Group of Companies acquired the property for $8.3 million with plans to develop an independent living community.

October 16, 2019

Florida News Operations Texas

Quadrum Global Launches Operations Brand Liana with Four Communities in Florida, Texas

by Jeff Shaw October 16, 2019

NEW YORK CITY — Quadrum Global, an international real estate development, investment and management firm based in New York, has launched Liana, a seniors housing management division.

October 16, 2019

Florida News Operations People

Watercrest Hires Angie DiMura as Executive Director of Community in Winter Park, Florida

by Jeff Shaw October 16, 2019

WINTER PARK, Fla. — Watercrest Senior Living Group has hired Angie DiMura as executive director of Watercrest Winter Park, a 107-unit assisted living and memory care community currently under construction in the Orlando suburb of Winter Park.

October 16, 2019

Acquisitions Florida Memory Care News

SLIB Arranges $5.5M Sale of Memory Care Community in Naples, Florida

by Jeff Shaw October 9, 2019

NAPLES, Fla. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Juniper Village at Naples, a 60-unit memory care community in Naples, located along the Gulf of Mexico in South Florida.

October 9, 2019

Development Florida News

Palace Opens Information Center at $130M Development Near Miami

by Jeff Shaw October 8, 2019

WESTON, Fla. — The Palace Group has opened an 8,000-square-foot information center at the future site of The Palace at Weston, a $130 million development in Weston, about 30 miles northwest of Miami.

October 8, 2019

Florida News Operations

KR Management Takes Over Operations of Community Near Tampa

by Jeff Shaw October 3, 2019

TARPON SPRINGS, Fla. — KR Management LLC is the new licensed operator of Addington Place of East Lake, an assisted living community in Florida.

October 3, 2019

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