News

Dominion Continues Expansion in Kentucky with Planned 61-Unit, $10.3M Community

by Jeff Shaw April 25, 2017

FLORENCE, Ky. — Dominion Senior Living, a faith-based operator headquartered in Knoxville, Tenn., has unveiled plans for Dominion Senior Living of Florence, a 61-unit assisted living and memory care community in the Northern Kentucky city of Florence.

April 25, 2017

HJ Sims Arranges $8.5M Refinancing for Community in Central New York

by Jeff Shaw April 24, 2017

NEW HARTFORD, N.Y. — HJ Sims, a Connecticut-based investment bank, has arranged an $8.5 million refinancing for Presbyterian Homes & Services. The loan restructures debt on Preswick Glen, a seniors housing community in the Utica suburb of New Hartford.

April 24, 2017

News

Allegro Senior Living Buys Eight-Acre Parcel in Florida for 175-Unit Community

by Jeff Shaw April 21, 2017

PARKLAND, Fla. — Allegro Senior Living, a St. Louis-based developer, has acquired an eight-acre parcel in the Miami suburb of Parkland to develop a 175-unit seniors housing community.

April 21, 2017

Memory Care News

SLIB Brokers $11M Sale of Memory Care Community in Georgia

by Jeff Shaw April 21, 2017

FAYETTEVILLE, Ga. — Senior Living Investment Brokerage has arranged the sale of Hope Center, a 64-unit memory care community in the Atlanta suburb of Fayetteville, for $11 million.

April 21, 2017

Development News

Catholic Eldercare to Develop 65-Unit Seniors Housing Property in Minneapolis

by Jeff Shaw April 21, 2017

MINNEAPOLIS — Catholic Eldercare has unveiled plans to develop a 65-unit seniors housing property in Minneapolis.

April 21, 2017

Assisted Living CCRC Development News

Volunteers of America Opens 130,908 SF Assisted Living Expansion to Florida CCRC

by Jeff Shaw April 20, 2017

CAPE CORAL, Fla. — Volunteers of America has opened the doors on Palmview, an assisted living and memory care expansion at Gulf Coast Village, a continuing care retirement community (CCRC) in Cape Coral, in the Fort Myers metro.

April 20, 2017

News People

Dominium Promotes Janice Dennie to Corporate Leasing Consultant

by Jeff Shaw April 20, 2017

PLYMOUTH, Minn. — Dominium, a developer and operator of multifamily communities including seniors housing, has promoted Janice Dennie to the newly created position of corporate leasing consultant at its Plymouth headquarters.

April 20, 2017

CCRC Development News

Presby’s to Add 85 Units, Clubhouse to CCRC Near Philadelphia for $75M

by Jeff Shaw April 19, 2017

JENKINTOWN, Pa. — Presby’s Inspired Life has announced plans for a $75 million expansion at Rydal Park, a continuing care retirement community in the Philadelphia suburb of Jenkintown.

April 19, 2017

CCRC Finance News

HJ Sims Provides $15.7M Refinancing for CCRC in Florida

by Jeff Shaw April 19, 2017

PONTE VEDRA BEACH, Fla. — HJ Sims, a Connecticut-based investment bank, has completed a $15.7 million refinancing for Vicar’s Landing, a continuing care retirement community in the coastal Jacksonville suburb of Ponte Vedra Beach.

April 19, 2017

Development News

Dominion Partners to Open Two Somerby Communities in the Southeast

by Jeff Shaw April 18, 2017

SANDY SPRINGS, Ga., and FRANKLIN, Tenn. — Dominion Partners has opened Somerby Sandy Springs in the Atlanta suburb of Sandy Springs. The company also plans to open Somerby Franklin in the Nashville suburb of Franklin within the next two months.

April 18, 2017

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