BOERNE, Texas — Morningside Ministries has unveiled plans for an independent living expansion at Morningside at Menger Springs, a continuing care retirement community in Boerne, approximately 30 miles northwest of San Antonio. The project features 86 new independent living terrace homes, an amphitheater, dining venue, fitness center, pickleball court and covered pool. The plan features four two-story residential buildings with one and two-bedroom floor plans ranging from 946 to 1,751 square feet. The expansion will incorporate an additional eight acres adjacent to the community’s 34-acre property near Menger Creek. Construction …
Texas
HOUSTON — Sagora Senior Living has rebranded its Elison Willowbrook independent living community in Houston as Elison Park. The community is located within the Willowbrook Plaza area of the city. The property offers one- and two-bedroom options ranging from 616 to 924 square feet.
DALLAS — Buckner Retirement Services has hired Jake Bell as the new executive director for Ventana by Buckner in Dallas. As executive director of the faith-based senior living community, Bell will oversee community operations, regulatory compliance, and resident and associate relations. Bell most recently served as president and CEO of Christian Horizons, a senior living provider in the Midwest. He has 20 years of experience within a variety of nonprofit, faith based organizations. Bell has a bachelor’s degree from Southeastern Oklahoma State University and a master’s degree in administration and …
BEAUMONT, Texas — Buckner Retirement Services has named Samantha McCain as the new executive director for Calder Woods in Beaumont. As executive director of the faith-based senior living community, McCain will oversee community operations, regulatory compliance, and resident and associate relations. Most recently, McCain served as Calder Woods’ interim executive director and interim healthcare administrator. McCain has extensive senior living experience spanning more than 20 years. She has previously been employed by Colonial Healthcare, Trinity Healthcare, Community Care Center of Hondo, Bandera Nursing and Rehab SCC, Archer Healthcare Providers and …
CHICAGO — Ventas (NYSE: VTR), a Chicago-based REIT, has named three new operators for a portfolio of independent living communities in Texas, Florida and California. Sodalis Senior Living will take over management of 13 communities in Texas, while Priority Life Care will operate eight properties in Florida and Discovery Senior Living will operate five in California. Ventas “is expanding its successful existing relationships with the three managers to increase occupancy and performance in these communities,” the company said in a press release. The communities will be operated under management contracts. …
AUSTIN and DALLAS, Texas — Newmark has hired Chris McColpin and Andrew Porteous as senior managing directors specializing in debt, equity and structured finance services within the firm’s capital markets practice. Based in Austin and Dallas, respectively, McColpin and Porteous will join director Josh Francis to lead the commercial debt efforts in Texas while working closely with Newmark’s industrial, office and multifamily capital markets professionals. They will report to Ran Holman, executive vice president and Texas market leader. Prior to joining Newmark, McColpin served as a managing director of JLL …
BWE Arranges Over $65M in Financing to Renovate, Preserve Affordable Communities Across the South
ASHEVILLE, N.C.; STARKVILLE, Miss.; CHESAPEAKE, Va.; and HOUSTON and BUDA, Texas — BWE has closed five loan deals totaling over $65 million to refinance and renovate affordable housing properties in North Carolina, Virginia, Mississippi and Texas. Jon Killough and John Roberts originated the loans on behalf of multiple borrowers. The loans include:
SAN ANTONIO and DALLAS — Blueprint Healthcare Real Estate Advisors has brokered the sale of two seniors housing communities in the San Antonio and Dallas markets. The two buyers both plan to convert the two properties into inpatient detox and residential substance abuse behavioral healthcare centers. The Blueprint team on the deal included Andrew Sfreddo, Shane Harmon, Gunnar Raney, Amy Sitzman and Giancarlo Riso. The buyers, seller and price were not disclosed.
Juniper Communities Promotes Kathryn Bainbridge to Regional Director of Operations for Texas
BLOOMFIELD, N.J. — Juniper Communities, a Bloomfield-based operator, has promoted Kathryn Bainbridge to regional director of operations for Texas. Bainbridge will support five Juniper Villages-branded communities within the state serving as a resource to the executive directors and leadership team members. For the past 4.5 years, Bainbridge was the nursing home administrator at Juniper Village at Brookline Rehabilitation and Skilled Care in State College, Pennsylvania. In all, she has been with Juniper Communities about nine years, and has worked in senior living for more than 20 years. Bainbridge received her …
SAN ANTONIO — Forefront Living has unveiled plans for Bella Vida at La Cantera, a 21-acre independent living community in San Antonio. The community is near the Eilan Hotel and Spa and La Cantera Resort and Spa and adjacent to the Crownridge neighborhood. Once complete, Bella Vida will feature 153 apartment units and 40 villas with attached garages, with a variety of floor plans ranging from 820 to 2,550 square feet. A construction timeline was not released.