AUGUSTA, Ga. — CR Properties LLC has unveiled plans for The Claiborne at West Lake, an assisted living and memory care community near Augusta, approximately 150 miles east of Atlanta near the South Carolina border.
RICHMOND, ILL. — Novak Construction has broken ground on a 22,000-square foot affordable senior living apartment complex in Richmond, approximately 70 miles northwest of Chicago.
PORTLAND, Ore. — BPM Senior Living has hired Dan Lamey as the company’s new president and chief operating officer. Lamey will oversee operations, business initiatives and strategic growth for the company.
CLEVELAND — KeyBank Real Estate Capital, a subsidiary of Cleveland-based KeyCorp, has provided $249 million in FHA financing to Formation Capital, a private investment management firm focused on seniors housing.
WILTON MANORS, FLA. — Miami-based Carrfour Supportive Housing has teamed with The Pride Center to build an affordable housing development with a special focus on aging members of the LGBT community.
DENVER — A joint venture between Blue Moon Capital Partners LLC, MGL Partners and a subsidiary of Leisure Care are developing a 169-unit independent living, assisted living and memory care community in the Denver Tech Center neighborhood of Denver.
LOUISVILLE, Ky. — Texas-based operator Civitas Senior Living and Ohio-based developer Guttman Properties will join forces to develop The Grand of Prospect, a luxury seniors housing community in Louisville.
WINTER PARK, Fla. — Allegro, a developer and operator of 11 communities in Florida and Kentucky, has named Debbie Michelet as executive director of the company’s seniors housing community in Winter Park, which is expected to open in 2017.
OLATHE, Kan. — CA Ventures LLC and Pathway Senior Living have opened Travanse Living at Olathe, a 132-unit assisted living and memory care community in Olathe, approximately 25 miles southeast of Kansas City.
IRVINE, Calif. — WNC, an Irvine-based national investor in real estate and community development, has closed WNC Institutional Tax Credit Fund 42 L.P., a $102 million institutional low-income housing tax credit (LIHTC) fund.