In the Pipeline: Senior Housing Construction Projects (8/18/16)

(Rendering of The Veranda at Groveway, located in Roswell, Ga. — Photo courtesy of McShane Construction Company) Construction: Planned New $10 Million Senior Living Community Planned A new assisted living and memory care community plans to break ground in October in Bethalto, Ill. Cedarhurst Assisted Living and Memory Care will comprise 62,476 square feet and […]

Nation’s Biggest Homebuilder Seizes on Senior Housing Opportunity

The nation’s biggest homebuilder has expanded its business to offer affordable age-restricted housing for adults who want to remain at home as they age. While the company is not overtly positioning itself as a competitor to senior living communities, the move signals another company seizing a business opportunity in helping people stay in single-family dwellings […]

In the Pipeline: Senior Housing Construction Projects (7/7/16)

(Rendering of The Buckingham located in Houston, Texas — Photo courtesy of The Buckingham) Construction: Planned Presbyterian Homes Plans $49.5 Million Redevelopment Project GracePointe Crossing, a Presbyterian Homes & Services senior living community, is planning a redevelopment project in Cambridge, Minn. The first phase of the project is expected to being in the fall. The community […]

In the Pipeline: Senior Housing Construction Projects (5/5/16)

(Rendering of a new Allegro Senior Living community under construction in Orlando, Fla. — photo courtesy of Allegro Senior Living, LLC) Construction: Planned National Church Residences to Break Ground Next Week for $35 Million Ohio Project National Church Residences, a not-for-profit senior housing provider, plans to break ground May 9 for Inniswood Village, a new senior living […]

In the Pipeline: Senior Housing Construction Projects (4/21/16)

(Thrive at Beachwalk, a 125-unit senior living community operated by Thrive Senior Living in Fort Myers, Fla.) Construction: Planned Welltower, Hines Acquire Site to Develop NYC Senior Living Community The New York offices of international real estate firm Hines and Welltower Inc. (NYSE: HCN), this week announced that they have closed on the acquisition of […]

In the Pipeline: Senior Housing Construction Projects (3/24/16)

(Sagewood, a Life Plan community in Phoenix, Ariz. – Photo courtesy of Lavidge public relations) Construction: Planned Certus Senior Living Plans $12 Million Fla. Memory Care Facility Certus Senior Living expects to break ground this summer on a new $12 million, 64-unit memory care community in Orlando, Fla., near Waterford Lakes, reports the Orlando Business Journal. […]

In the Pipeline: Senior Housing Construction Projects (3/17/16)

(Living room at the Christopher Heights of Northampton senior housing community in Northampton, Mass. — Photo courtesy of Cutler Associates) Construction: Planned Columbia Pacific Advisors Plans 237-Unit Senior Housing Community in Seattle Seattle-based Columbia Pacific Advisors, LLC, is entering into a long-term ground lease with the Archdiocese of Seattle and St. James Cathedral to build a 237-unit senior […]

In the Pipeline: Senior Housing Construction Projects (3/3/16)

Construction: Planned San Diego City Officials Approve Plans for $150 Million CCRC Officials with the San Diego City Council recently gave unanimous approval for the construction plans of The Glen at Scripps Ranch, a $150 million continuing care retirement community (CCRC), reports San Diego Business Journal. The 53-acre CCRC, which is planned for a site near […]

In the Pipeline: Senior Housing Construction Projects (2/18/16)

(Rendering of The Blake at Woodcreek Farms senior living community in Elgin, S.C. — Photo courtesy of Blake Management Group and Cardinal Ventures) Construction: Planned Developer Proposes $35 Million School Transformation into Senior Living City officials of Leesburg, Fla. recently approved plans for a developer to transform a historic school into a senior living community, reports […]