Welltower Acquires CCRC in Florida for $130 Million Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Journal. The seller was Newton, Massachusetts-based REIT Senior Housing Properties […]
Living Care Lifestyles
HFF Advises on $115 Million Financing for Seattle Senior Housing Development Holliday Fenoglio Fowler, L.P. (HFF) has advised Columbia Pacific Advisors on the $114.69 million financing for a luxury, high-rise senior housing property in Seattle. The 24-story property—620 Terry—will offer 243 Class A residential units comprising 194 independent living units, 21 assisted living units and 28 […]
Construction: Planned Erickson Living Opening CCRC in Northern Virginia Baltimore’s Erickson Living is expanding in Fairfax, Virginia. The provider purchased a 78-acre site near George Mason University with plans to open a new continuing care retirement community (CCRC), reports the Baltimore Sun. Benchmark Senior Living Coming to Marlborough, Massachusetts Benchmark Senior Living is opening a new assisted living community […]
Construction: Planned Senior Community Planned in California Located in Morgan Hill, California, Steadfast Senior Living is planning a new community with 67 senior apartments for assisted living and memory care. The community will be 62,000 square feet and will have options of studio, one-bedroom and two-bedroom residences. The apartments will range between 400 and 1000 […]
(Photo of Hilliard Assisted Living and Memory Care, located in Columbus, Ohio — Photo courtesy of Spectrum Retirement Communities) Construction: Planned Koelsch Community Will Break Ground This Month in Calif. A new memory care community will break ground later this month in Modesto, Calif. El Rio Memory Care Community is owned by Koelsch Communities and […]
(Metro @ Compton – An affordable senior housing community in Compton, Calif.) Construction: Planned Living Care Lifestyles Plans Seattle Memory Care Community Seattle-based Living Care Lifestyles plans to break ground next spring on a new free-standing memory care community in West Seattle, which it says will be the only dedicated memory care community in the […]
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