Transactions & Financings: Ziegler Arranges $36M for Planned CCRC; JLL Arranges $37M for Florida Community

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 […]

In the Pipeline: Watercrest Breaks Ground in S.C.; College Campus CCRC Opens

Construction: In progress Watercrest Breaks Ground on South Carolina Community Watercrest Senior Living Group and its equity partners, Peninsula U.S. Real Estate and Corecam Capital Partners, have broken ground on a new community in Myrtle Beach, South Carolina. The community, Watercrest Myrtle Beach, has 98 units, with amenities such as a promenade, fireplace, water wall, […]

In the Pipeline: Project in Texas Includes Infection Control Design; New Active Community Near Chicago

Construction: Planned National Church Residences Plans Community in Ohio Senior living nonprofit National Church Residences has plans to open a rental senior living community in Columbus, Ohio. The planned mid-rise community will have 62 one-and two-bedroom units. Planned amenities include a fitness center, a wellness suite and a community room with kitchen and social space. […]

In the Pipeline: Sunrise Plans Community in Canada; Hudson Enters Active Adult Space

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Sunrise Plans New Community in Canada Sunrise Senior Living is working with construction […]

Pegasus Senior Living Expands Portfolio With Omega Communities Partnership

Pegasus Senior Living has agreed to manage four properties developed by Omega Communities, expanding its portfolio for the first time since taking over operations for 36 former Brookdale Senior Living (NYSE: BKD) buildings last year. Birmingham, Alabama-based Omega is a for-profit company that develops senior living communities in affinity relationships with churches. The four properties […]

In the Pipeline: Blake Community Coming to Texas; Work Underway for New Affinity Property

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned New Blake Community Coming to Texas Developer LifeCare Properties and operator Blake Management Group […]

Movers & Shakers: Charter Senior Living Names Sallerson COO

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one year. […]

Life Plan Community Coming Together at Sprawling College Campus

A Georgia university is joining the growing trend of colleges building life plan communities near their campuses.  Rome, Georgia-based Berry College announced plans earlier this month for The Spires at Berry College, a $130 million development featuring 170 apartment homes and cottages, an extensive amenities package and a full suite of health care services. The […]

In the Pipeline: Senior Housing Construction Projects (4/14/16)

(The Blake at Carnes Crossroads, an assisted living and memory care community in Charleston, S.C. under development by Cardinal Ventures) Construction: Planned Senior Housing Partners, Zenith Capital Plan $12.3 Million Calif. Project Lake Oswego, Ore.-based Senior Housing Partners LLC and Seattle-based Zenith Capital recently announced they are planning to build a new memory care community […]