In the Pipeline: Senior Housing Construction Projects (12/18/14)

Construction: Planned PDC Capital Group Invests in Pipeline of Three Northern Calif. Projects Costa Mesa, Calif.-based PDC Capital Group, LLC, has three new SummerPlace Assisted Living & Memory Care facilities planned to break ground next year in Northern California. SummerPlace Westgate, located in West Sacramento, is a $27.5 million that will add 174 units and […]

LTC REIT Enters Exclusive Senior Housing Pipeline Deal, Commits $20 Million

LTC Properties, Inc. (NYSE:LTC) announced Tuesday it is entering into a $19.6 million development commitment with an existing operator partner, Anthem Memory Care, to fund the construction of two standalone memory care communities in Colorado. In conjunction with the development commitment, the healthcare-focused REIT also closed on two plots of land for a total of […]

In the Pipeline: Senior Housing Construction Projects (7/17/13)

Construction: Planned Developer Plans $79 Million New Mexico CCRC Colorado-based developer GlobalWorks plans to build a $79 million continuing care retirement community (CCRC) in Bloomfield, New Mexico, reports The Daily Times of Farmington, NM.  The 18-acre project called WaterFall Living Community would feature 253 residences that include a mix of independent living, assisted living and hospice […]