In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Watermark Retirement Communities Plans New California Project Tucson, Arizona-based Watermark Retirement Communities and national development firm Oppidan Investment Company have partnered to build a […]
Greenbrier Development
Big Rock Partners and Greenbrier Development are working on a project that could represent a new format for continuing care retirement communities (CCRCs). The partners are co-developers on a project currently dubbed Green Cay Life Plan Village, a $250 million project in Boynton Beach, Florida. As planned, the to-be-named project will have more than 200 […]
Financings Ziegler Closes $36M for Life Plan Community Ziegler announced its role in the closing of $36.1 million in Series 2022A notes for Green Cay Life Plan Village Inc., a Florida-based nonprofit corporation. Green Cay plans to use the proceeds from the notes to acquire about 15 acres of land as well as to finance […]
The senior living industry is many things in 2022 — but one thing it is not is stale. Across the industry, new ideas are percolating on how operators can best attract and serve older adults in the coming years as a new generation of residents takes hold. From communities woven into the fabric of urban […]
Greenbrier Development is partnering with a hospital system and a commercial real estate company on a $200 million redevelopment project to turn a long-vacant hotel and convention center near Cincinnati into a senior living community. Dallas-based Greenbrier is collaborating with Brandicorp LLC and hospital system St. Elizabeth Healthcare to convert the former Drawbridge Hotel and […]
Enso Village, the $300 million life plan community under development from Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, now has the majority of its capital stack in place to begin construction. Chicago-based investment bank Ziegler closed on a $297 million bond debt package on behalf of the joint venture. The bonds were […]
The Spires at Berry College has a claim to fame, being located on the world’s largest college campus. And the recently opened continuing care retirement community (CCRC) makes the most of its location by integrating seamlessly with its picturesque surroundings and the neighboring school. Laurie Steber could tell that the community was going to be […]
Construction: Planned Plans Advance for Zen-Inspired Kendal Life Plan Community in California The Healdsburg Planning Commission has awarded a series of approvals to the planners of Enso Village, a Kendal-affiliated life plan community in Healdsburg, California. Kendal is collaborating on the project with the San Francisco Zen Center. Plans call for a 221-residence community with […]
A “zen-inspired” continuing care retirement community in northern California is taking shape. Proposed by Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, the project now has a name, financial backing, approval from local officials and a growing list of seniors interested in calling it home. The project brings an innovative new twist to […]
University partnerships have long garnered interest among senior housing developers, driven by a built-in intergenerational component, availability of land and the opportunity to establish shared synergies between communities and the schools. As this trend develops, these joint ventures are bringing senior housing communities closer to the central campus, laying the groundwork to creating tomorrow’s intergenerational […]