Lloyd Jones Senior Living announced David Grady as president of its senior living brand, Aviva, where he will be tasked with the smooth integration of new additions to the portfolio. A senior living veteran, Grady served as divisional vice president with Elmcroft Senior Living and as president with both Somerby Senior Living and Bridge Senior […]
Drive Development Partners
Development advisory and construction management firm Drive Development partners is joining forces with Lloyd Jones. The company specializes in senior living and multifamily development and “matches Lloyd Jones’ current $1 billion portfolio,” according to a press release announcing the move. As of April, Lloyd Jones had about 40 assets under management overall. Drive Development’s Managing […]
Construction: Planned Ohio Golf Course Redevelopment to Include Senior Community A plan to turn a golf course into a sprawling apartment development with an included senior living community is moving forward in Sugarcreek Township, Ohio. The $60 million development, called Rollandia Greene, would also include “The Grand of Sugarcreek,” a community with 123 senior independent living, 57 assisted […]
As outside capital flows into the senior housing space, two partners seasoned in the industry are looking to seize on the opportunities by launching their own development company with a distinct approach to the process. Scottsdale Arizona-based Drive Development Partners was recently co-founded by Brendan Morrow and Michael Hass, a pair that have built over […]