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Crimson Peaks Announces Plans For Mesa, Arizona Assisted Living Facility
By shn_admin| December 10, 2008Crismon Peaks Assisted Living LLC recently announced plans for the opening of their upscale luxury Assisted and Independent Living Community nestled at the base of the Superstition Mountains in Mesa, AZ. This community of luxury, custom-built, eco-friendly homes has been developed on 6 acres of desert vista. This newly built property features 3 of 6 […]
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Paric Finishes $42 Million Indiana Retirement Community
By shn_admin| December 9, 2008Paric Corporation stated it completed a $42 million senior living community for the Stratford Companies in Carmel, Indiana earlier this month. The 337,000-square-foot continuing care retirement community is one of the first developments of its kind in the Indianapolis area. The development includes 172 apartments and a total of 400 rooms available to serve a […]
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Dahlin Group Architecture Planning announces top honors for innovative senior housing design in The Green House(R) Design Charrette, sponsored by the Ideas Institute of Kirtland, Ohio. The American Association of Homes and Services for the Aging (AAHSA) hosted the awards as part of its annual conference, held in mid October in Philadelphia. The Green House […]
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The U.S. Environmental Protection Agency recently recognized Mercy Housing California and the San Francisco Housing Authority for innovative approaches to development that expand economic opportunity and protect public health and the environment. Mercy Housing California and the San Francisco Housing Authority received the 2008 National Award for Smart Growth Achievement for the category of Equitable […]
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The State Division of Housing and Community Renewal (DHCR) and the US Department of Agriculture (USDA) recently announced they would be jointly funding an affordable housing residence for low-income senior citizens in the Village of Unadilla in Otsego County. The new construction of 24 units will include two units that are fully accessible and adapted […]
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Classic Residence by Hyatt in Highlands Ranch Celebrates Grand Opening
By shn_admin| November 2, 2008Classic Residence by Hyatt, a national leader in luxury senior living, today celebrates the grand opening of the company’s newest continuing care retirement community (CCRC) in Highlands Ranch, Colorado. The community welcomed its first residents in July of this year. The $150 million dollar development, a “Type A” continuing care retirement community, is the first […]
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Retirement Community: Eyesore, Discrimination or Just Grumpy Neighbors?
By shn_admin| October 16, 2008Albuquerque, New Mexico residents are angered over the proposed development of a 4 story retirement home that is proposed to be built by 2012. The 267-unit, $512 million retirement community is planned to be built on land owned by a local church. Local residents "say the place will look like a massive, four-story prison, invading […]
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Senior Marketing Firm Honored for Continuing Care Retirement Community Work
By shn_admin| October 13, 2008Senior marketing agency Walker Marketing was recently honored by the National Active Retirement Association (NARA). The agency received 12 awards for its work on behalf of The Cascades at Verdae, a continuing care retirement community (CCRC) in Greenville, S.C. and The Cardinal at North Hills, a CCRC in Raleigh, N.C. Among the numerous recognitions, Walker […]
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HCP (NYSE:HCP) announced that it has placed $140 million of 5-year secured debt on four of its senior housing assets and $179 million of 8-year secured debt on 12 of its senior housing assets. The assets are cross- collateralized and the debt has a weighted average interest rate of 6.39%. Fannie Mae purchased the secured […]
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David Cutler Group Opens Montgomery Walk and Stony Creek Farms
By shn_admin| October 2, 2008New and prospective buyers joined David Cutler Group representatives yesterday celebrating the grand opening of Montgomery Walk, one of two active adult communities nestled in the woodlands of Montgomery Township and Worcester Township. The development marks David Cutler Group’s first project delivery in the active adult community living market. David Cutler Group’s grand opening celebration […]