Surpass Senior Living Founder: We’re Offering Marriott Buildings at Hampton Inn Prices

Through years of developing senior housing properties, Matt Johnson grew frustrated with third-party management companies that were like the “JV squad” of operators. So, in 2015, he co-founded an operating company of his own, Surpass Senior Living. Surpass came out of the gate with five communities in the Phoenix metro area, which opened in quick […]

New Operator Gains Traction Through Phoenix Development Projects

A Dallas, Texas-based developer has announced plans for five senior living projects in a single metro area, bucking oversupply concerns and bringing a recently founded operator into the mix. Specifically, McFarlin Group LLC revealed five assisted living and memory care community developments in the greater Phoenix area for $80 million, with Surpass Senior Living slated to […]

In the Pipeline: Senior Housing Construction Projects (11/12/15)

(The Tower at The Buckingham – a Houston CCRC sponsored by Senior Quality Lifestyles Corporation) Construction: Planned MorningStar Senior Living Plans Groundbreaking for Colo. Community Denver-based MorningStar Senior Living plans to break ground in Spring 2016 on a new community in Arvada, Colo. at 64th and Easley Road. MorningStar Senior Living of Arvada is the sixth […]

In the Pipeline: Senior Housing Construction Projects (7/2/15)

Construction: Planned St. Louis Community Plans $14.6 million Renovation and Construction Projects Nazareth Living Center, a 140-bed skilled nursing facility and 150-bed assisted living community in St. Louis, is planning a renovation and the construction of an assisted living facility—a project that will cost $14.6 million, reports St. Louis Business Journal. While Nazareth already provides […]

In the Pipeline: Senior Housing Construction Projects (10/30/14)

Construction: Planned Ecumen Targets Younger Residents with $20 Million Proposed Co-op Ecumen, a non-profit senior living organization based in Shoreview, Minn., is developing an age-55 and older co-op in the Glen Lake neighborhood of Minnetonka, reports Minneapolis/St. Paul Business Journal. The proposed $20 million project calls for a 58-unit complex to be located on the […]

In the Pipeline: Senior Housing Construction Projects (10/23/14)

Construction: Planned Caddis to Bring First Heartis Community to San Antonio Dallas-based real estate firm Caddis will soon begin construction on its first community in San Antonio to carry the company’s Heartis brand.  Project plans for Heartis San Antonio, which is scheduled to open in the second quarter of 2016, call for a 86,000-square-foot assisted living […]