(Rendering of Terramor located in Temescal Valley, California —photo courtesy of Foremost Companies) Construction: Planned Florida CCRC Plans $35 Million Expansion Project A continuing care retirement community (CCRC) in Palm Beach Gardens, Florida, La Posada, will undergo a $35 million expansion and renovation project in Read More »
Category: CCRCs
Major CCRC Provider Launches Tech Makeover To Attract Boomers
As baby boomers are moving into senior living, providers need to be able to keep up with the generation’s tech savviness or they risk losing business to the competition. One senior living provider recognizes that and has launched a full-blown technology overhaul. Des Moines, Iowa-based Lifespace Communities Read More »
In the Pipeline: Senior Housing Construction Projects (12/1/16)
Construction: Planned Formation Development Group Plans Two Senior Living Communities Atlanta-based developer and investor, Formation Development Group will begin construction soon on two new senior living projects. The first will be a 180-unit community with a mix of independent living, assisted living and memory care units, located Read More »
In the Pipeline: Senior Housing Construction Projects (11/10/16)
Construction: Planned Civitas Community Planned in Texas Civitas Senior Living is developing a new senior living community for people ages 55 and up, located in Azle, Texas. The community will be Civitas’ fourth community in Tarrant County and its 25th location, nationwide. Legacy Oaks at Read More »
Senior Housing Investments & Transactions: CBRE Arranges $77 Million Sale
CBRE Capital Markets Arranges $77.3 Million Sale, $50.5 Million Senior Housing Financing CBRE Capital Markets’ National Senior Housing team arranged the sale of two senior housing communities in Georgia to an affiliate of Arcapita Investment Management US for $77.25 million, or $327,330 per unit. The Read More »
CCRCs’ Capital Spending Hits Post-Recession High
Recently, owners of continuing care retirement communities (CCRCs) have been spending more money than usual to expand and keep their existing communities looking fresh. In fact, capital spending for CCRCs in the United States has reached its highest level since the Great Recession, according to a Read More »
Why CCRC Residents Are Taking Tech Support Into Their Own Hands
Senior living providers know they should keep up with new technology trends, but it’s tough to know what to invest in and how to get more residents engaged with tech. One continuing care retirement community (CCRC) in Atlanta has found an advantage in having tech Read More »
In the Pipeline: Senior Housing Construction Projects (10/13/16)
Photo of The Sheridan and Creve Coeur, located in Creve Coeur, Mo.— Photo courtesy of Senior Lifestyle Corporation Construction: Planned Land Purchased for Senior Community, Calif. Carlton Senior Living based in Concord, Calif. has acquired 3.68 acres of land in Santa Rosa, Calif. for its Read More »
In the Pipeline: Senior Housing Construction Projects (9/29/16)
Construction: Planned Senior Community Planned in Hanover Park, Ill. A master-planned community for adults ages 55 and over is planned in Hanover Park, Ill. Verandah will have independent living, assisted living and memory care components. There will be two-story townhomes, single-level villas and condos available Read More »
In the Pipeline: Senior Housing Construction Projects (9/22/16)
(Rendering of OPAL by element, located in Vancouver, British Columbia — Photo courtesy of Element Lifestyle Retirement Inc.) Construction: Planned Permits Finalized on $97.4M Senior Community in Canada Located in Vancouver, British Columbia, Element Lifestyle Retirement Inc. has announced its final approval for a $97.4 Read More »
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