This article is part of your SHN+ subscription While senior living development remains muted, some organizations are pushing ahead with new projects to propel the industry forward. Operators are finding ways to move ahead with new developments despite current challenges in securing financing and managing construction costs. While some organizations have remained on the sidelines, […]
Nexus Companies
Developer Nexus Companies is advancing its luxury Vivante senior living brand with one community opening in a few weeks and another expected to break ground early next year. Nexus is slated to open the doors on its third senior living community in Newport Beach, California on November 1. The luxury community — called Vivante Newport […]
Development of luxury senior housing is not slowing down, despite challenges related to land acquisition and the recent economic downturn. While the economic recession might have hindered the appeal of luxury options for many prospective residents who saw their home values plummet, those in the business say they are not restricting the pace of their […]
Construction: Planned Developers Unveil Plans for North Chicago Assisted Living Project Artis Senior Living, of McLean, Virginia, revealed preliminary design plans for a five-story assisted living building to be located in Chicago’s north side neighborhood of Lakeview, DNAinfo Chicago reports. The project plans include a 118-room building located where the old Bert Weinman Ford dealership […]
Construction: Planned The LaSalle Group to Build $10.2 Million Memory Care Community in Illinois The LaSalle Group recently announced plans to build a 26,000-square-foot, $10.2 million memory care and assisted living community in Bolingbrook, Ill., under its Autumn Leaves brand. The project results from a partnership between The LaSalle Group, RT Partners, and local lender […]