News

Parrot Properties, Block & Co. Plan $225M Mixed-Use Property in Missouri to Include Seniors Housing

by Jeff Shaw October 3, 2016

LEE’S SUMMIT, Mo. — Parrot Properties, in partnership with Block & Co., has planned the $225 million Village at View High development in Lee’s Summit.

October 3, 2016

HFF Arranges $41.5M Financing for Three-Property Portfolio in Sacramento

by Jeff Shaw September 30, 2016

SACRAMENTO, Calif. — Holliday Fenoglio Fowler (HFF) has arranged $41.5 million in financing for a three-property seniors housing portfolio in Sacramento.

September 30, 2016

Finance News

Berkadia Secures $11.1M for Affordable Community in Philadelphia

by Jeff Shaw September 30, 2016

PHILADELPHIA — Berkadia has arranged $11.1 million in financing for Casa Farnese Inc. and PRD Management. The companies will use the capital to renovate Casa Farnese, an affordable seniors housing community in Philadelphia.

September 30, 2016

Development News

Northern California Presbyterian Homes to Build 200-Unit Community Near San Francisco

by Jeff Shaw September 30, 2016

WALNUT CREEK, Calif. — Northern California Presbyterian Homes and Services is developing Viamonte, a 200-unit seniors housing community in the San Francisco Bay Area city of Walnut Creek.

September 30, 2016

Memory Care News

New Dawn Re-Opens Two Memory Care Communities in Colorado

by Jeff Shaw September 30, 2016

COLORADO SPRINGS and AURORA, Colo. — New Dawn Memory Care has reopened its two memory care communities in Colorado Springs and Aurora.

September 30, 2016

Development News

Kinzie Builders to Construct $40M Community in Illinois

by Jeff Shaw September 29, 2016

HANOVER PARK, Ill. — Kinzie Builders, a division of Kinzie Real Estate Group, has been retained as general contractor for Verandah, a 55+, assisted living and memory care community in Hanover Park, approximately 35 miles northwest of Chicago.

September 29, 2016

Finance News Skilled Nursing

Capital Funding Group Provides $7.7M in Loans for Skilled Nursing Facility Near Buffalo

by Jeff Shaw September 29, 2016

LOCKPORT, N.Y. — Capital Funding Group, a lender based in Baltimore, has provided $6.7 million bridge loan for the acquisition of Briody Health Care Facility, an 82-bed skilled nursing facility in the Buffalo suburb of Lockport.

September 29, 2016

Development Memory Care News

Koelsch Communities Developing $18.4M Memory Care Community in Colorado Springs

by Jeff Shaw September 28, 2016

COLORADO SPRINGS, Colo. — Koelsch Communities is developing Springs Ranch Memory Care Community, a 72-unit memory care community in Colorado Springs, approximately 65 miles south of Denver.

September 28, 2016

Assisted Living Development News

Hubbell to Build 44-Unit Assisted Living Community as Part of New Development Near Des Moines

by Jeff Shaw September 28, 2016

ANKENY, Iowa — Hubbell Realty Company will soon begin construction of Siena Hills, a 13-acre development in the Des Moines suburb of Ankeny. The full development will offer single-family homes, townhomes and a 44-unit assisted living and memory care community.

September 28, 2016

Company News News

Seniors Housing Marketing Firm GlynnDevins Acquires Competitors SB&A, Brooks Adams

by Jeff Shaw September 28, 2016

OVERLAND PARK, Kan., and RICHMOND, Va. — GlynnDevins, an advertising and marketing agency specializing in senior living, has acquired two of its competitors: SB&A Integrated Marketing and Brooks Adams Research.

September 28, 2016

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