DENTON, Texas — Investcor has started restoration work on Fairhaven Assisted Living. Renowned Texas architect O’Neil Ford designed the original property, which opened in 1965 in Denton, about 35 miles north of Fort Worth.
HOUSTON — The NHP Foundation (NHPF) has received $12 million in funding to develop a 73-unit affordable seniors housing community in Houston’s Third Ward.
MOUNT VERNON, Texas — Senior Living Investment Brokerage has arranged the sale of Mount Vernon House, a 50-unit assisted living community in Mount Vernon, approximately 100 miles east of Dallas.
CORPUS CHRISTI, BASTROP and SAN ANTONIO, Texas — KeyBank Real Estate Capital has secured $44.5 million in HUD financing for a three-property skilled nursing portfolio located throughout Texas.
PEARLAND, Texas — California-based Drever Capital Management has broken ground on Larkspur at Shadow Creek, a 257-unit active adult community in the southwestern Houston suburb of Pearland.
PLANO, Texas — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $62.3 mllion in taxable and tax-exempt bonds for Bridgemoor of Plano.
BIRMINGHAM, Ala. — Atlas Senior Living has announced construction timelines for a new location in Florida and two in Texas, both of which are new territories for the company. Atlas expects Fall 2021 to be the opening date for all three communities.
CIBOLO, Texas — California-based Highridge Costa Development Co. has opened El Sereno Senior Living, a $21 million community in Cibolo, a northeastern suburb of San Antonio.
DALLAS — Buckner Retirement Services has named Charles “Chuck” Childress executive director of Ventana by Buckner, a two-building, high-rise seniors housing community scheduled to open this year in Dallas.
GEORGETOWN, Texas — MedCore Partners, The National Realty Group (TNRG) and Watermark Retirement Communities have announced plans for a 225-unit seniors housing community in Georgetown, approximately 25 miles north of Austin.
