KING OF PRUSSIA, Pa. — The Bozzuto Group has completed the development of Canvas Valley Forge, a 231-unit active adult community in the Philadelphia suburb of King of Prussia.
NEW PORT RICHEY, Fla. — NorthMarq Capital has arranged an $11 million refinancing for Villas at Hunter’s Ridge, a 221-unit age-restricted community in the Tampa suburb of New Port Richey.
NAPERVIELLE, Ill. — Capitol Seniors Housing has opened Arbor Terrace Naperville, 95-unit assisted living and memory care community in Naperville, a western suburb of Chicago.
KINGWOOD, Texas — Integrated Property Management has announced expansion plans for Watercrest at Kingwood, an independent living community in Kingwood, a master-planned community just north of Houston.
FORT MILL, S.C. — Frampton Construction Co. has broken ground on The Blake at Baxter Village, an independent living, assisted living and memory care community located in Fort Mill, just across the state border from Charlotte, N.C.
JACKSONVILLE, Fla. — KeyBank Real Estate Capital has provided $28 million in financing for the acquisition of Camellia at Deerwood, a 185-unit seniors housing community in Jacksonville.
WYNDMOOR, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Chestnut Hill Lodge Health and Rehabilitation Center, a 181-bed skilled nursing facility in the Philadelphia suburb of Wyndmoor.
CHICAGO — Succession plans may play a crucial role in the future of senior living, as more than 70 percent of nonprofit CEOs will likely retire within the next 10 years according to a recent survey by Ziegler.
BRANDON, Fla. — Solvere Senior Living has opened Tessera of Brandon, a 107,000-square-foot assisted living and memory care community in the Tampa suburb of Brandon.
NAPLES, Fla. — Watercrest Senior Living Group and United Properties have broken ground on Watercrest Naples Assisted Living and Memory Care in Naples, located along the Gulf Coast in South Florida.