Construction: Planned Construction Set to Begin on New Senior Community Located in Wilmington, Delaware, HarborChase of Wilmington is set to be underway soon. The community will have 64 apartments for assisted living apartments and 32 for memory care. Residents will be able to enjoy a chef’s fare dining program with seasonal options and a customized […]
Harbor Retirement Associates
Construction: Planned Senior Community Planning Addition, Iowa Located in Marshalltown, Iowa, Glenwood Place is planning for a $3.5 million addition to its independent living and assisted living apartments. The addition will add eight independent living apartments and 12 assisted living apartments to the community. Glenwood Place already has two bedroom independent living townhomes, assisted living apartments […]
The seniors housing and medical office building industries may have more in common than meets the eye. In fact, they may be more like close family than distant relatives, according to some experts. The sectors are undeniably growing closer, according to Gino Lollio, vice president investments at national brokerage firm Marcus & Millichap and senior director […]
(Rendering of The Veranda at Groveway, located in Roswell, Ga. — Photo courtesy of McShane Construction Company) Construction: Planned New $10 Million Senior Living Community Planned A new assisted living and memory care community plans to break ground in October in Bethalto, Ill. Cedarhurst Assisted Living and Memory Care will comprise 62,476 square feet and […]
Hunt Mortgage Group Finances 19-Property Multifamily Portfolio in California New York City-based Hunt Mortgage Group, which finances commercial real estate across the United States, closed on a complex multifamily portfolio deal, placing 19 individual Freddie Mac Small Balance loans on 19 properties located throughout the Los Angeles area. The Hunt Mortgage Group investment is $31.6 […]
Ultimately, senior living communities should feel, to their residents, like home. Achieving that level of comfort benefits current residents, and also—perhaps more importantly—makes the community more attractive to its target demographic of future residents. Luckily, senior living communities can achieve that home-like feel through quality, thoughtful design. That’s according to Jeanna Korbas, vice president of […]
(Project rendering of HarborChase of the Park Cities, a Silverstone Healthcare Company senior living community in Dallas, TX) Construction: Planned Berry College Announces Name for New CCRC Berry College, a school that is planning to build a continuing care retirement community (CCRC) in Mount Berry, Ga., this week announced that it has chosen a name for […]
Construction: Planned Summerlin Asset Management Plans 2016 Groundbreaking for 135-Unit IL Project Summerlin Asset Management, a real estate investment company with offices in Lake Havasu City, Ariz. and Irvine, Calif., plans to break ground on a 135-unit independent living community in Houston during the first quarter of 2016. Architectural plans include 160,000 square feet of […]
American Capital Real Estate Finance Group Adds Three Members to Investment Team Three new members have been appointed to the American Capital Real Estate’s Finance Group’s (ACRF) investment team in an effort to expand the company’s capacity for commercial real estate investment. Those joining the ACRF investment team are Jeff Erhardt, Paul Nevala and Michael […]
While some areas of the country may be overbuilt, there continues to be seniors housing demand in a number of primary and secondary markets. Yet, even in these localities, it’s essential for developers to be selective in where they pursue projects, as there can be both areas of opportunity and some that are not positioned […]
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