Construction: Planned Omega, Maplewood Senior Living to Co-Develop $246 Million NYC Community This week, Hunt Valley, Md.-based real estate investment trust (REIT) Omega Healthcare Investors (NYSE: OHI) and Westport, Conn.-based operator Maplewood Senior Living announced they will co-develop a $246 million luxury senior living community on Manhattan’s Upper East Side. The luxury senior living residence […]
Integral Senior Living
(Heartis Assisted Living and Memory Care — Photo courtesy of McShane Construction Company) Construction: Planned Integral Senior Living Begins Development on Santaluz, Calif. Community Carlsbad, Calif.-based Integral Senior Living this week announced it has broken ground on the development of its newest community, Santaluz Senior Living in Santaluz, Calif. Slated to debut December 2016, the new […]
Construction: Planned Big Rock Partners Selects Construction Manager for $60 Million Luxury Community in Fla. Big Rock Partners, a national real estate investment management and development firm headquartered in Beverly Hills, Calif., has selected Balfour Beatty Construction to serve as construction manager for a resort-style, $60 million senior living rental community under development in Celebration, […]
(Edgemere Cocktail Lounge – Photo Courtesy of Senior Quality Lifestyles Corporation) Construction: Planned Dallas CCRC Plans $36 Million Expansion Edgemere, a continuing care retirement community (CCRC) in Dallas, will soon begin a large-scale expansion and renovation project to address the growing demand for senior living options in the area. Financing for the project was completed through […]
Construction: Planned Dominion Senior Living Plans Two Projects for Tenn. Knoxville, Tenn.-based Dominion Senior Living is planning two new assisted living and memory care projects for Bristol and Crossville. The company announced this week that it will soon begin construction on a 25,000 sq. ft., $5.25 million faith-based assisted living and memory care community at […]
Construction: Planned Seattle’s Pike Place Expansion to Include 40 Senior Housing Units An expansion of Seattle’s famed Pike Place Market is making way for new senior housing development. The $34 million project “will help build new shops, an underground-parking garage, senior housing and a new public plaza and walkway designed to connect the Market with […]
Marcus & Millichap Announce $13.8 Million Sale of Ohio ALF Mark Myers, Joshua Jandris and Charles Hilding of Marcus & Millichap Institutional Property Advisors represented the seller in a transaction that closed recently, involving an 82-unit assisted living and memory care facility in Canton, Ohio. The Landing of Canton was sold by a private seller […]
Construction: Planned Evangelical Lutheran Good Samaritan Society to Build New Memory Care Center South Dakota-based not-for-profit provider The Evangelical Lutheran Good Samaritan Society is expanding the service offerings at its Prairie Creek senior living campus in Sioux Falls, S.D. Plans are to build a 32-unit assisted living center to care specifically for residents with memory […]
Construction: Planned Luxury $56 Million Senior Living Tower Planned for Houston Dallas-based Senior Quality Lifestyles Corporation (SQLC) is moving forward with plans to build a new $56 million tower this year at The Buckingham community in Houston, reports Houston Business Journal. The Tower at Buckingham will feature 187 new residences, including 104 independent living apartment […]
Construction: Planned Integral Senior Living to Begin San Diego Assisted Living Development Integral Senior Living has announced a community it is managing near Rancho Santa Fe, California, outside of San Diego, will soon break ground. Santaluz Senior Living is will be a new assisted living and memory care community anticipated to break ground in mid-2015. […]
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