News

Integral Senior Living to Manage Memory Care Community in California

by Jeff Shaw April 26, 2017

SANTA BARBARA, Calif. — Integral Senior Living (ISL), a seniors housing operator, has been chosen to manage The Oak Cottage of Santa Barbara, a memory care community in Santa Barbara.

April 26, 2017

Assisted Living News

Greystone Arranges $12.5M Sale of 60-Unit Assisted Living Community Near Dallas

by Jeff Shaw April 25, 2017

FORNEY, Texas — Greystone Real Estate Advisors has arranged the sale of Three Forks of Forney, a 60-unit assisted living and memory care community in the Metroplex city of Forney, for $12.5 million.

April 25, 2017

Development 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

Finance News

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

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