Meet the ‘A-Team’ Behind This $300M Zen-Inspired CCRC

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 […]

Developers Gain Upside with Senior Living, University Tie-Ins

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 […]

Senior Housing Finance Activity: Ziegler, HJ Sims

Ziegler Closes $122.45 Million Financing for Life Plan Community in Missouri  Chicago-based specialty investment bank Ziegler recently announced the successful closing of $122.45 million un fixed-rate, tax-exempt Series 2017A financing for Ashfield Active Living and Wellness Communities, Inc., dba Aberdeen Heights, a nonprofit corporation based in Missouri. Aberdeen Heights, a life plan community in Kirkwood, […]

Senior Housing Finance Activity: Greystone, HFF

CBRE Secures Millions in Loans for The Waters Senior Living CBRE National Senior Housing Vice Chairman Aron Will recently arranged acquisition financing on behalf of a joint venture between Minnetonka, Minnesota-based senior living developer/owner/operator The Waters Senior Living and an institutional client for The Waters of Edina, a 139-unit, Class A assisted living and memory care […]

In the Pipeline: Senior Housing Construction Projects (2/18/16)

(Rendering of The Blake at Woodcreek Farms senior living community in Elgin, S.C. — Photo courtesy of Blake Management Group and Cardinal Ventures) Construction: Planned Developer Proposes $35 Million School Transformation into Senior Living City officials of Leesburg, Fla. recently approved plans for a developer to transform a historic school into a senior living community, reports […]

In the Pipeline: Senior Housing Construction Projects (2/11/16)

(The Healthcare Resort of Plano developed by Mainstreet and operated by The Ensign Group in Plano, Texas — Photo courtesy of Mainstreet) Construction: Planned Omega Communities Plans $45 Million Community for Ga. Birmingham, Ala.-based Omega Communities plans to begin construction later this year on a new $45 million continuing care retirement community (CCRC) in Stockbridge, […]

In the Pipeline: Senior Housing Construction Projects (10/15/15)

Construction: Planned Chamberlain Senior Care Buys Land for $15 Million Senior Housing Campus Cincinnati-based Chamberlain Senior Care, LLC, recently announced that it has acquired a 14.8-acre property in eastern Jefferson County in Louisville, Ky.—a site that will be home to what the company promises to be a “cruise ship on land.” The Jefferson County Board […]

In the Pipeline: Senior Housing Construction Projects (5/8/14)

Construction: Planned $10 Million Assisted Living Community Planned for Jackson, Michigan Lloyd Ganton Retirement Centers, a Michigan-based senior living provider, will invest at least $10 million into a new living center that will house about 190 seniors in Jackson, MI, reports MLive. Project plans call for independent and assisted living units, as well as a […]

In the Pipeline: Senior Housing Construction Projects (3/13/14)

Construction: Planned Wisconsin Assisted Living Community to Add Memory Care Center An assisted living community in Weston, Wisconsin is scheduled to break ground late this month on a memory care addition to the existing campus, reports Central Wisconsin Business. Stone River Assisted Living and Rehab will break ground on the new, 23,000-square-foot memory care facility […]