Dominium secures $52M for Arizona community Plymouth, Minnesota-based affordable housing developer Dominium secured a $51.7 million construction and permanent financing package for Solstice of Mesa, a 237-unit 55-and-over affordable senior community in Mesa, Arizona. KeyBank provided the loan using its Private Placement Program. Dominium will manage the property when it is completed in summer 2021. […]
Dominium
The site of a vacant mall in a Minneapolis suburb is one step closer to being redeveloped into mixed-use, with affordable senior housing as an anchor. The Plymouth, Minnesota City Council last week approved a plan by developer Dominium to redevelop the 17-acre Four Seasons Mall site into three affordable housing buildings — two for […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Assisted Living, Memory Care Community Planned in Connecticut Senior Living Advisors (SLA) recently […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Wolff Plans Independent Living Apartments in Arizona Private equity firm and developer The Wolff Company […]
This week’s In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture & design trends, the annual SHN Awards Competition. Construction: In progress Capitol Seniors Housing to Break Ground on $35 Million Community in […]
Construction: Planned Lifespace Communities Location Near Chicago Plots Big Redevelopment Oak Trace, a Lifespace community in Downers Grove, Illinois, has announced plans for a $150 million redevelopment and expansion project, according to a press release. The first phase of the redevelopment will include a new health center with 66 assisted living apartments, 28 memory support […]
Construction: Planned Charter Senior Living to Manage New Alabama Community LifeCenters Communities for Seniors is partnering with Naperville, Illinois-based Charter Senior Living Charter on a forthcoming community in Hampton Cove, Alabama. The planned community will have 190 independent living, assisted living and memory care units, according to a press release. Construction is slated to begin in […]
Construction: Planned Minnesota Senior Housing Community Planned Located in Apple Valley, Minnesota, owner, developer and manager Dominium Senior Living has plans to build a 163-unit affordable senior housing community. The property was bought at the end of 2016 and construction on Legends of Apple Valley is scheduled to be complete in spring 2018. The building will […]