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, […]
Greenbrier Development
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 […]
(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 […]
(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, […]
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 […]
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 […]
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 […]
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