In the Pipeline: Senior Housing Construction Projects (12/15/16)

(Rendering of Pecan Grove at Highland Springs located in Dallas — photo courtesy of Erickson Living) Construction: Planned Arizona Developer Plans Senior Living Community Summerlin Asset Management plans to team up with Desert Land Group to create Havasu Senior Living in Lake Havasu City, Arizona. The community will include independent living, assisted living, memory care, […]

Movers & Shakers: Symbria’s First-Ever COO

Healthcare Trust Appoints New Board Chairman The board of directors of Healthcare Trust, Inc. appointed Leslie D. Michelson to serve as non-executive chairman of the board, following the resignation of Randolph C. Read from that position and as a member of the board’s audit committee and nominating and corporate governance committee. “I am delighted to […]

In the Pipeline: Senior Housing Construction Projects (5/26/16)

(Shavano Park Senior Living, an assisted living and memory care community in San Antonio, Texas — Photo courtesy of Pi Architects) Construction: Planned O’Reilly Development, Arrow Senior Living Gain Approval for $30 Million Mo. Project Springfield, Mo.-based O’Reilly Development and St. Charles, Mo.-based Arrow Senior Living Management this week announced they have received the approved Certificate […]

Senior Housing Finance Activity: CBRE, Grandbridge

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 […]

In the Pipeline: Senior Housing Construction Projects (5/19/16)

(Project rendering of Nakoma Sky, a 79-acre desert resort senior living community in Oro Valley, Ariz. — Photo courtesy of three: living architecture) Construction: Planned three: living architecture Designs 79-Acre Senior Living Campus La Posada, a non-profit owner and operator of senior living properties, has engaged Dallas-based firm three: living architecture to design a concept for […]

Movers & Shakers: Ventas Appoints Presiding Director

Ventas Appoints New Presiding Director The board of directors of Ventas, Inc. (NYSE: VTR) appointed James D. (“Denny”) Shelton to serve as the real estate investment trust’s (REIT) independent presiding director. “An independent and strong lead director is a key component of our commitment to effective corporate governance,” Ventas Chairman and CEO Debra A. Cafaro […]

In the Pipeline: Senior Housing Construction Projects (3/17/16)

(Living room at the Christopher Heights of Northampton senior housing community in Northampton, Mass. — Photo courtesy of Cutler Associates) Construction: Planned Columbia Pacific Advisors Plans 237-Unit Senior Housing Community in Seattle Seattle-based Columbia Pacific Advisors, LLC, is entering into a long-term ground lease with the Archdiocese of Seattle and St. James Cathedral to build a 237-unit senior […]

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, […]

Senior Housing Finance Activity: Greystone’s $210 Million in Lending

Greystone Closes Over $210 Million in Seniors Housing Financing Since August Greystone, a real estate lending, investment and advisory company, announced it has closed more than $210 million in financing for seniors housing properties since August 2015. The financing spanned 11 transactions and includes a range of loan products and debt placements, including Fannie Mae, […]

In the Pipeline: Senior Housing Construction Projects (11/29/15)

Construction: Planned Primrose Retirement Communities to Break Ground in Ind. On December 1, South Dakota-based Primrose Retirement Communities will begin construction on a new 110-unit senior living community in Newburgh, Ind. The multi-million project will include independent living, assisted living and memory care apartments as well as 10 townhome villas. An opening is expected in […]