Senior Living Investment Brokerage Facilitates Sale of Virginia Assisted Living Facility Glen Ellyn, Illinois-based Senior Living Investment Brokerage Inc. facilitated the sale of Lexington at Tazewell, a 42-unit, 33,480-square-foot assisted living facility in Tazewell, Virginia, for $2.15 million. The seller was the lender who had financed the renovations and then foreclosed on the developer. The buyer […]
Frontier Management
DiNapoli Capital Partners Acquires Topanga Park Assisted Living In Canoga Park, California DiNapoli Capital Partners has acquired Topanga Park Assisted Living in Canoga Park, California in a $23.4-million cash transaction facilitated by JCH Consulting Group. The deal included both the business and the Topanga Park retirement facility itself, complete with 90 units and 120 licensed […]
(Stonecroft Health Campus in Bloomington, Ind. — Photo courtesy of Mainstreet and Trilogy Health Services) Construction: Planned Benchmark Senior Living to Break Ground in Woburn, Mass. The Wellesley, Mass.-based operator will break ground on their newest senior living community, Benchmark Senior Living at Woburn, on July 29th at 10:30. This $30 million development project will bring […]
Construction: Planned Alaska Developers Inch Forward on Proposed Senior Housing Complex Ward Cove Group is proposing to develop a senior housing complex in Alaska’s Ketchikan Ward Lake-Revilla Road area, a project developers say will address a shortage of housing options for senior citizens, reports local KRBD. Despite hesitation on the part of the Borough Assembly, […]
Construction: Planned $28 Million Assisted Living and Memory Care Complex Coming to California A new $28 million assisted living and memory care complex is coming to Bakersfield, California, as developers intend to break ground February 2014, The Bakersfield Californian reports. Seven Oaks Assisted Living and Memory Care is expected to open its doors in late 2014 […]
Construction: Planned Florida Developers Unveil Plans for Wisconsin Senior Living Complex Harbor Retirement Associates appeared before the Shorewood Plan Commission last week to share their plans for a 96-unit senior living complex, reports the local Patch. The plan calls for a 4-story building containing 60 residential care units, as well as a one-story building featuring […]
Construction: Planned SRP Medical, Frontier Management to Build McKinney, Tex. Community SRP Medical and Frontier Management are planning an 80,000-square-foot McKinney, Tex. senior living community. The new development will offer 75 assisted living and 32 memory care units in studio, one-bedroom, and two-bedroom apartments. Amenities will include a theater room, dining and activity areas, and […]
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