Category: Development

In the Pipeline: Senior Housing Construction Projects (1/8/15)

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Construction: Planned CareTrust REIT Completes $7.5 Million Investment to Build Upscale Colorado Community CareTrust REIT, Inc. (NASDAQ: CTRE) announced today that is has completed a $7.5 million preferred equity investment with Signature Senior Living and Vancouver, Washington-based Milestone Retirement Communities. The investment will be used Read More »

In the Pipeline: Senior Housing Construction Projects (1/5/14)

Construction: Planned Omega Communities Buys Fla. Site for New $25 Million Community Birmingham, Ala.-based developer Omega Communities this month acquired a nine-acre site in Fort Myers, Fla., which will be the location of the company’s third project in southwest Florida this year. Unlike Omega’s other Read More »

In the Pipeline: Senior Housing Construction Projects (12/23/14)

Construction: Planned MorningStar Senior Living, Nye Health Services Team on Memory Care Project Denver, Colorado-based MorningStar Senior Living, LLC, along with Nye Health Services of Fremont, Nebraska, announced plans last week to build a memory care expansion through their new partnership. Effective January 1, 2015, Read More »

In the Pipeline: Senior Housing Construction Projects (12/18/14)

Construction: Planned PDC Capital Group Invests in Pipeline of Three Northern Calif. Projects Costa Mesa, Calif.-based PDC Capital Group, LLC, has three new SummerPlace Assisted Living & Memory Care facilities planned to break ground next year in Northern California. SummerPlace Westgate, located in West Sacramento, Read More »

Pension System Sees Potential in New $500 Million Senior Housing Fund

Senior housing development has caught the eye of many new investors of late, due to the growing senior demographic and onset of new construction and development rising to meet its needs.  And it has recently sparked the appeal of a Pennsylvania public school pension fund Read More »

Multifamily Developers: The Gateway to Senior Housing’s Future

Non-industry institutions like hospitals and national multifamily housing developers may soon find themselves at the gateway to the future of senior living development. Driven by consumers’ desires for more walkable settings within close proximity to retail, restaurants and entertainment hubs, various studies have suggested the Read More »

In the Pipeline: Senior Housing Construction Projects (11/13/14)

Construction: Planned Ryan Companies Plan Senior Living Community for Sioux Falls, SD Minneapolis-based developer Ryan Companies received approval from the Sioux Falls Planning Commission to build a 145-unit senior housing community near Lake Lorraine in Sioux Falls, South Dakota, reports local Keloland TV. Grand Living, Read More »

Resort ‘On Steroids’ Slated as Start to New LGBT Senior Housing Chain

It’s the perfect senior housing mix: a market ripe for development, an underserved population and a luxury product that will attract affluent clientele. But can a development team largely new to the space get a chain of LGBT-focused luxury senior living communities off the ground? Read More »

Builders Say Demand for 55+ Housing ‘Never Been Higher’

Builder confidence in the 55+ housing market has reached a new high not seen since 2008, according to the latest National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI). Compared to the third quarter of 2013, the single-family index of the 55+ index Read More »

In the Pipeline: Senior Housing Construction Projects (10/23/14)

Construction: Planned Caddis to Bring First Heartis Community to San Antonio Dallas-based real estate firm Caddis will soon begin construction on its first community in San Antonio to carry the company’s Heartis brand.  Project plans for Heartis San Antonio, which is scheduled to open in Read More »