BMO Harris provides $75M credit facility to Watermark, 2 Developers BMO Harris Bank’s Healthcare Real Estate Finance group closed on a syndicated $75 million senior facility to Largo Land Development and Watermark Retirement Communities to finance the construction of a 219-bed independent living, assisted living and memory care community and 64-unit 55-plus active adult community […]
Heartis
(Rendering of formal dining room at Edgemere, located in Dallas, Texas — photo courtesy of Edgemere) Construction: Planned Independent Living Building Planned in Hingham, Massachusetts Erickson Senior Living is planning a new independent living community in Hingham, Massachusetts. The 156,378-square-foot, seven-story building will add 104 independent living homes to the already-established Linden Ponds. Willard Square will also […]
Following the launch of its senior living brand last year, a Dallas-developer has big plans for the rest of 2014 and beyond, including a name change and a pipeline of over $100 million in new construction slated for the next year. Formerly known as Caddis Partners, the company rebranded itself last week, updating everything from […]
Caddis Partners LLC, a Dallas-based healthcare real estate developer, recently launched its own senior living brand with plans to deploy about $100 million into new development in 2013. “The reason we started doing [senior housing] is that it was a natural progression from medical office buildings (MOBs) and hospitals,” says Jason Signor, partner and CEO […]