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Douglas Wilson Companies
Douglas Wilson Companies (DWC), a noted San Diego-based real estate developer, has officially entered the senior living game by opening Sienna at Otay Ranch, in partnership with two well-known names in the industry: Milestone Retirement Communities and HCP Inc. (NYSE: HCP). DWC plans to open additional senior living communities throughout the western U.S. over the […]
(Patrick Square front rendering courtesy of Dominion Senior Living) Construction: Planned Watercrest, United Properties Teaming Up on Florida Community Operator Watercrest Senior Living Group and developer United Properties are teaming up to open a 128-unit luxury senior living community in Naples, Florida, the companies announced jointly. United Properties purchased the property in 2016. The two […]
(Exterior rendering of Chelsea Senior Living of Shrewsbury courtesy of Capitol Seniors Housing) Construction: Planned The National Realty Group, MedCore Partners to Expand Houston-Area Footprint The National Realty Group (TNRG) and MedCore Partners are teaming up to build a new independent living, assisted living and memory care community in Atascocita, Texas, which is near Houston. Work on […]
Ziegler Closes $54.05 Million Financing for CCRC Operator in California Chicago-based speciality investment bank Ziegler recently announced the closing of the $54,045,000 tax-exempt, fixed-rate Series 2017 financing for Channing House, a California not-for-profit 501(c)(3) company that operates a continuing care retirement community (CCRC) in Palo Alto, California. The CCRC has 191 residential living units, 26 […]
This week, Senior Housing News Readers learned about the new name for continuing care retirement communities (CCRCs) and delved into Brookdale Senior Living’s (NYSE: BKD) latest executive board appointments. Readers were also introduced to a new senior housing developer and discovered how asset prices have Welltower Inc. (NYSE: HCN) holding off on major deals. Here […]
Chance played a role in bringing Douglas Wilson Companies into the senior living development business, but the firm is not banking on good luck and favorable demographics alone to succeed. The 26-year-old company has partnered with an established operator, is seeking private equity backing and is positioning itself to become a notable player in one of the […]
(Exterior of Trillium Woods, a $161 million CCRC now open in Plymouth, Minn.) Construction: Planned Douglas Wilson Companies to Launch First Senior Living Development Signaling its entry into the senior living market, Douglas WIlson Companies (DWC) plans to break ground on its first assisted living and memory care community next year. The inaugural project will be a […]
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