CUMBERLAND, Ga. — Overture Powers Ferry, Greystar’s newest 55+ active adult community, is now leasing with first move-ins planned for this fall. The community features 171 one- and two-bedroom apartment homes, available to individuals over the age of 55, and
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DALLAS, Ga. — Live Oak Bank has provided a $13 million loan for the construction of The Phoenix at Dallas, located approximately 30 miles northwest of Atlanta. Phoenix Senior Living is developing the 56-unit independent living project, which will consist
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SUGAR HILL, Ga. — Holbrook Life has unveiled plans for a new seniors housing community in Sugar Hill, approximately 35 miles northeast of downtown Atlanta. Plans call for 102 assisted living units and 28 memory care units at the community.
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DAHLONEGA, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Dahlonega Assisted Living & Memory Care in Dahlonega, located in the North Georgia Mountains approximately 65 miles north of Atlanta. The community features 58 assisted living units
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DALTON, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Tranquility of Dalton in the Chattanooga, Tennessee, suburb of Dalton. The asset was built in two phases: The 34-unit assisted living section was built in 2013, and
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ATLANTA — Isakson Living has opened the doors on Peachtree Hills Place, a continuing care retirement community in Atlanta’s upscale Buckhead neighborhood. The first section to open is called The Terraces, offering four levels of care — assisted living, memory
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WOODSTOCK, Ga. — Senior Living Investment Brokerage has arranged the sale of Insignia of Towne Lake, a 33-unit assisted living community in the Atlanta suburb of Woodstock. A Florida-based owner-operator acquired the asset for $2.9 million. The new owner plans
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ATLANTA — Timshel Development Group, in collaboration with The Gateway Cos. and the Atlanta Housing Authority, has purchased 4.3 acres of vacant land in Atlanta for Harmony at Bakers Ferry, an affordable seniors housing development. Located on the west side
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QUITMAN, Ga. — Grandbridge’s Seniors Housing and Healthcare Finance Group has closed a $6.5 million loan for Presbyterian Home & Retirement Community, a 204-bed skilled nursing and assisted living facility. The property is located in Quitman, a small city near
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LAWRENCEVILLE and DACULA, Ga. — KeyBank Real Estate Capital (KBREC) has secured $50 million of fixed-rate Freddie Mac financing for Dominium, a developer and manager of affordable housing. The twin $25 million loans will be used for the construction of
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ATLANTA — Georgia Governor Brian Kemp has signed House Bill 987, adjusting the state laws for assisted living and personal care home residents amid the COVID-19 pandemic. Republican state representatives Sharon Cooper and Brian Strickland co-sponsored the bill. Under the
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ROME, Ga. — Greenbrier Development has opened the first units at The Spires at Berry College, a continuing care retirement community (CCRC) in Rome. The property, first announced in 2018, is located on the campus of Berry College, a private
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MADISON, Ga. — Vitality Living has formed a development partnership with Hillpointe LLC to build Vitality Living Madison, which is currently under construction. Upon full build-out, the project will feature 332 units of seniors housing in Madison, a small city
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ATLANTA — Hunt Development Group has started construction of Phase I of Herndon Square, a 12-acre, mixed-use project in downtown Atlanta. Upon full build-out, the project will feature 700 residential units, 40,000 square feet of retail space and 20,000 square
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ROSWELL, DUNWOODY and MARIETTA, Ga. — Macallan Works has completed the renovation of three Phoenix Senior Living facilities in Roswell, Dunwoody and Marietta, all suburbs of Atlanta. Macallan Works modernized the front entry, reception area, dining areas and gathering spaces
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CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has arranged the sale of six seniors housing communities in three states. The seller, Invesque, was seeking an exit from its joint venture portfolio of Royal Senior Care properties.
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MACON, Ga. — Watercrest Senior Living Group and its equity partners, Peninsula Alternative Real Estate and Corecam Capital Partners, have broken ground on Watercrest Macon Assisted Living and Memory Care in Macon. The community will feature 76 assisted living and
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ROSWELL, Ga. — Phoenix Senior Living, a developer and operator based in the Atlanta suburb of Roswell, has launched its Healthcare Partnership Program, using three of its seniors housing facilities to take in seniors who have tested positive for COVID-19
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STONECREST, Ga. — McShane Construction Co. has broken ground on Stonepointe, a 238-unit affordable seniors housing community in Stonecrest, approximately 15 miles east of Atlanta. Dominium is developing the four-story building on an 11.3-acre site. Construction is scheduled for completion
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FORT OGLETHORPE, Ga. — Summit Contracting Group has started construction of The Canopy at Boynton Ridge, an assisted living and memory care community n Fort Oglethorpe, just across the state border from Chattanooga, Tennessee. The community will feature 64 units
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STOCKBRIDGE and MORROW, Ga. — Evans Senior Investments (ESI) has arranged the sale of two GoldenCrest Assisted Living communities in Georgia. The portfolio consists of a community in Stockbridge and a community in Morrow, approximately eight miles apart south of
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WOODSTOCK, Ga. — Frontier Management has taken over operations at The Reserve at Towne Lake, a 48-unit memory care community in the northern Atlanta suburb of Woodstock. The community is formerly an Autumn Leaves location. Frontier Management was founded in
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COBB COUNTY, Ga. — Lancaster Pollard’s investment banking affiliate, OREC Securities LLC, has arranged $24.5 million in financing for the construction of a seniors housing community in the Atlanta suburbs of Cobb County. Brickmont Assisted Living is developing the 131-unit
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CARTERSVILLE, Ga. — American Lending Center (ALC), an EB-5 regional center, has opened The Fountains in Cartersville, an assisted living and memory care community in Cartersville. Located approximately 45 miles northwest of Atlanta, this project marks ALC’s first investment in
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NEW YORK CITY — New York-based Meridian Capital Group’s seniors housing and healthcare team has arranged $60 million in financing for two portfolios of memory care assets across Ohio, Georgia, South Carolina, Colorado, California and Tennessee. Ari Adlerstein, Ari Dobkin
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ATLANTA — Woda Cooper Companies Inc. and Parallel Housing Inc. have opened Adair Court, a mixed-income seniors housing property in the Adair Park neighborhood of Atlanta. The 91-unit project is located in the heart of the city, near a major
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COVINGTON, Ga. — Greystone has provided $15.8 million in Freddie Mac financing for the construction of Legends of Covington, a 198-unit affordable seniors housing community in the Atlanta suburb of Covington. PJ McDevitt of Greystone originated the transaction on behalf
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