News

Benchmark Senior Living Hires Sherpa COO Jayne Sallerson as Executive Vice President

by Jeff Shaw July 14, 2016

WALTHAM, Mass. — Benchmark Senior Living, an operator of 53 seniors housing communities in the Northeast, has hired Jayne Sallerson as the company’s new executive vice president of sales and operations.

July 14, 2016

Bernards Starts Construction of $95.5M Luxury Community Near Los Angeles

by Jeff Shaw July 14, 2016

LAGUNA NIGUEL, Calif. — Bernards, a commercial builder, has commenced work on Crestavilla, a 220-unit, $95.5 million independent living, assisted living and memory care community in the Los Angeles suburb of Laguna Niguel.

July 14, 2016

CCRC Development News

Community on Long Island Plans Independent Living Expansion to Become a CCRC

by Jeff Shaw July 14, 2016

COMMACK, N.Y. — Gurwin, a nonprofit, independent seniors housing community in the Long Island town of Commack, has announced plans to build Fountaingate Gardens, an independent living expansion of the community.

July 14, 2016

News People

Hord Coplan Macht Adds Senior Living Architect Gary Prager to Denver Office

by Jeff Shaw July 14, 2016

DENVER — Architecture firm Hord Coplan Macht has hired Gary Prager as a principal to lead the firm’s senior living team in Denver.

July 14, 2016

Assisted Living Development News

Cardinal Ventures Plans 88,000 SF Assisted Living Community Near Charlotte

by Jeff Shaw July 13, 2016

INDIAN LAND, S.C. — Cardinal Ventures, a developer based in Mississippi, has unveiled plans for The Blake at Edgewater, an 88,000-square-foot assisted living and memory care community in Indian Land, located just across the state border from Charlotte, N.C.

July 13, 2016

Finance News

Capital One Provides $23.4M HUD Refinancing for Two Communities in Illinois

by Jeff Shaw July 13, 2016

NORTH AURORA, Ill. — Capital One has provided a $23.4 million HUD refinancing for a supportive living community and a skilled nursing facility, both located in North Aurora, approximately 40 miles west of Chicago.

July 13, 2016

Assisted Living Development News

Rocky Mountain Senior Housing Taps OZ Architecture to Design 111-Unit Assisted Living Community in Colorado

by Jeff Shaw July 13, 2016

GOLDEN, Colo. — Rocky Mountain Senior Living has hired OZ Architecture to design Golden Lodge Assisted Living, a 111-unit assisted living and memory care community in the Denver suburb of Golden.

July 13, 2016

News People

CBRE Promotes Aron Will to Vice Chairman

by Jeff Shaw July 13, 2016

LOS ANGELES — CBRE Group, a Los Angeles-based real estate services firm, has promoted Aron Will, co-leader of CBRE Capital Markets’ National Senior Housing team, to vice chairman.

July 13, 2016

News

Formation-Shelbourne Sells Two Solana Communities in the Northeast for $98.3M

by Jeff Shaw July 12, 2016

WILLISTOWN, Pa., and ROSELAND, N.J. — Formation-Shelbourne Senior Living Services has sold two Solana-branded, Class A seniors housing communities for $98.3 million. The buyer was not disclosed.

July 12, 2016

CCRC Development News

Presbyterian Communities Nears Completion of $93M CCRC Expansion in Dallas

by Jeff Shaw July 12, 2016

DALLAS — Nonprofit operator Presbyterian Communities and Services is nearing completion of the $93 million expansion of Presbyterian Village North, a continuing care retirement community in Dallas.

July 12, 2016

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