After more than a decade leading MBK Senior Living, Terry Howard started an advisory firm and was not looking to get back into operations — until Harmony Senior Services came calling. Attracted in large part by the company’s integrated model — involving related private equity and development firms that work in concert with Harmony as […]
Construction: Planned Smith/Packett Planning $15 Million Community in Virginia Smith/Packett has plans to build a $15 million assisted living community in Roanoke, Virginia. The community, Pheasant Ridge Assisted Living, will open with 90 units, an on-site chef, round-the-clock concierge service and a variety of recreational activities, reports TV news station WDBJ7. Senior Housing Planned in South Carolina CR […]
RED Capital Group Closes $11.1 Million Refinance for MBK Senior Living RED Mortgage Capital, the proprietary mortgage banking arm of RED Capital Group, LLC, has closed an $11.1 million refinance loan for Chancellor Gardens of Clearfield, an MBK Senior Living-owned and operated community located in Clearfield, Utah. “MBK was seeking a customized product for this […]
Construction: Planned Smith/Packett to Bring $28 Million Project to South Carolina Senior housing developer Smith/Packett is believed to have a $28 million community planned for North Charleston, S.C., local The Summerville Journal Scene reports. The Crossings at Wescott Plantation will be a 182-unit community providing housing options for independent, assisted living and memory care. Project team […]
Construction: Planned CarDon & Associates Planning $17.6M Assisted Living Expansion Bloomington, Indiana-based CarDon & Associates is planning a $17.6 million expansion of its assisted living community in Fishers, IN, reports Indianapolis Business Journal. Plans call for CarDon & Associates to add a second phase of assisted living apartments and 18 cottages to The Reserve at […]
Construction: Planned Smith/Packett Planning 102-unit Assisted Living Project in Virginia Senior housing developer Smith/Packett has plans to build a 102-unit assisted living community in Tabb, Virginia, reports Williamsburg Yorktown Daily. An application for the project submitted by Smith/Packett outlines a two-story building totaling about 90,000-square-feet, including amenities such as activity rooms, a commercial kitchen, dining room, […]
Construction: Planned $30 Million Senior Living Community Coming to San Antonio Dallas-based three: living architecture is designing a $30 million senior living community for San Antonio residents living in the Alamo Heights neighborhood. The project, dubbed Franklin Park, will feature 115 independent living units, 62 assisted living units and 40 memory care units within 315,000-square-feet. […]
