Construction: Planned Big Rock Partners, Millennium Real Estate Group Plan $25 Million Community Big Rock Partners, a national real estate investment management and development firm based in Beverly Hills, Calif., and its joint venture partner Millennium Real Estate Group, of Port Royal, S.C., this week announced plans to begin construction next year on a $25 […]
LCB Senior Living
Construction: Planned Senior Lifestyle Corp. to Break Ground on New Fla. Community Chicago-based Senior Lifestyle Corporation announced last week it will break ground this spring on its newest community, The Sheridan at Cooper City, a 111-unit assisted living and memory care facility in Cooper City, Fla. The Sheridan at Cooper City will feature 72 assisted […]
Dwight Capital Funds $42 Million of HUD Loans in December Dwight Capital, a national provider of commercial loans, has announced that it has funded $41.5 million in Department of Housing and Urban Development (HUD) loans for three multifamily and senior housing properties. The properties include: Highland Park Apartments in Denver, Colo., Reserve at Towne Crossing […]
Washington CCRC’s Health Services Admin Appointed to State Board Emerald Heights, a Type-A continuing care retirement community (CCRC) in Redmond, Wash., has announced that Annie Zell, the community’s health services administrator, was recently appointed by the governor of washington to serve on the state’s Board of Nursing Home Administrators. Zell has been a part […]
Construction: Planned Georgia Officials to Review Proposal for 100-Unit Senior Living Project The Cobb Board of Commissioners will review a rezoning request regarding a proposal for a new 100-unit senior living development in northeast Kennesaw, reports The Marietta Daily Journal. Recently, the Cobb Planning Commission voted 5-0 to approve rezoning a 22-acre land tract in […]
Construction: Planned Ohio Senior Living Community Plans $20 Million Expansion Otterbein Senior LIfestyle Choices is planning a $20 million expansion to add more housing to its continuing care retirement community (CCRC) campus in Lebanon, Ohio, reports Dayton Business Journal. The project will create 83 independent living units across 20 new buildings, among them will be 17 […]
Diversicare Announces Acquisition of Operations of 2 Ohio Properties Diversicare Healthcare Services, Inc. (NASDAQ:DVCR), a provider of long-term care services, recently announced the assumption of operations at two facilities in Ohio. The transaction includes a 142-bed skilled nursing facility in Avon, Ohio, and a 42-bed assisted living facility in Ontario, Ohio. These facilities are expected […]
Isaac Losh Joins Senior Star as Vice President of Acquisitions Senior Star, a Tulsa, Oklahoma-based real estate services company committed to senior housing, announced Isaac Losh has joined the company as vice president of acquisitions. In this position, Losh will focus on aspects of the acquisition/merger life cycle, including the identification, underwriting and execution of […]
Construction: Planned LCB Senior Living Gains Approval for 84-Unit Project in New Hampshire Norwood, Mass.-based operator and developer LCB Senior Living this week received Planning Board approval to construct its newest project, The Residences at Salem Woods. The 72,000 square-foot, 84-apartment building will include a mix of studio, one-bedroom and two-bedroom apartments, along with a […]
Kayne Anderson Promotes Max Newland to Managing Director Kayne Anderson Real Estate Advisors (KAREA), a private equity from in the senior housing segment, announced it has promoted Max Newland to Managing Director. In his new position, Newland will continue to be responsible for origination, analysis, underwriting and execution of acquisitions for Kayne Anderson’s real estate […]
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