News

CBRE Arranges $66.4M Construction Financing for 216-Unit Community Near Portland

by Jeff Shaw November 21, 2017

LAKE OSWEGO, Ore. — CBRE has arranges a $66.4 million loan for the construction of The Springs Living Lake Oswego, a 216-unit seniors housing community in the Portland suburb of Lake Oswego.

November 21, 2017

Development News

LCB Senior Living Breaks Ground on 104-Unit Community in Connecticut

by Jeff Shaw November 21, 2017

STAMFORD, Conn. — LCB Senior Living has broken ground on The Residence at Summer Street, a 104-unit independent living, assisted living and memory care community in Stamford, approximately 25 miles northeast of New York City.

November 21, 2017

News People

Ryan Cos. Promotes Tyler Wilson to Vice President of Real Estate Development

by Jeff Shaw November 21, 2017

PHOENIX — Ryan Cos. US Inc. has promoted Tyler Wilson to vice president of real estate development.

November 21, 2017

News

Mainstreet Acquires 42-Property Seniors Housing Portfolio for $425M

by Jeff Shaw November 20, 2017

CARMEL, IND. — Mainstreet Health Investments (TSX: HLP-U), an Indiana-based seniors housing owner and developer that trades on the Toronto Stock Exchange, has acquired New York-based Care Investment Trust LLC and its portfolio of 42 seniors housing communities from for $425 million.

November 20, 2017

Active Adult Development News

Speak Life Breaks Ground on $73.7M Active Adult Community in Metro Atlanta

by Jeff Shaw November 20, 2017

DECATUR, Ga. — Speak Life Management has broken ground on The Holbrook Decatur, a $73.7 million active adult community in Decatur, roughly 10 miles northwest of downtown Atlanta.

November 20, 2017

Development Independent Living News

LandSouth Starts Construction of 140-Unit Independent Living Community Near Jacksonville

by Jeff Shaw November 20, 2017

PONTE VEDRA BEACH, Fla. — LandSouth Construction, an Jacksonville-based builder, has started construction of Starling at Nocatee, a 140-unit independent living community in the Jacksonville suburb of Ponte Vedra Beach.

November 20, 2017

News People

Charter Senior Living Hires Jayne Sallerson as Chief Sales, Strategy Officer

by Jeff Shaw November 20, 2017

CHICAGO — Charter Senior Living has hired Jayne Sallerson as an investor, partner and chief sales and strategy officer. Sallerson will oversee all the sales, marketing and strategy for the company. The new role is effective on Nov. 27, 2017.

November 20, 2017

CCRC Development News

SunTrust Provides $38.2M Financing for Six-Story Expansion at CCRC in Virginia

by Jeff Shaw November 17, 2017

LYNCHBURG, Va. — SunTrust Bank has provided a $38.2 million loan for a six-story healthcare center at Westminster Canterbury-Lynchburg, a nonprofit continuing care retirement community in Lynchburg.

November 17, 2017

Development News

Spectrum Retirement Breaks Ground on $30M Community in Chicago

by Jeff Shaw November 17, 2017

PALOS HEIGHTS, Ill. —Spectrum Retirement has broken ground on Palos Heights Senior Living., a 178-unit independent living, assisted living and memory care community in the Chicago submarket of Palos Heights.

November 17, 2017

CCRC Development News

Stoneridge Creek Nears Completion of 151-Unit Expansion in Bay Area

by Jeff Shaw November 17, 2017

PLEASANTON, Calif. —Stoneridge Creek is preparing to open its 151-unit expansion at the seniors housing community in the Bay Area city of Pleasanton.

November 17, 2017

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