Senior living development is diminished in 2023 — but it is not dead. Across the country, senior living companies are still finding ways to forge ahead with new development projects even amid challenges related to financing and construction. But the challenges of this year have pushed these companies to become even more bold and creative […]
Financings Ziegler Closes $212.9M financing Chicago, Ill.-based investment bank Ziegler announced the successful closing of Seafields at Kiawah Island’s $212.93 million series 2023 bonds. The community will be a licensed continuing care retirement community and is planned to include 90 IL units and 16 AL units. Amenities include full-service dining, bar, bistro, outdoor infinity pool, […]
A sprawling office complex that once served as headquarters for more than 1,200 employees is set to become senior housing. Senior Living Development — a firm led by Mark De Pecol, who is also the CEO of middle-market operator KindCare — is advertising the site in Trumbull, Connecticut, for sale to another company or for […]
Senior Living Development is breaking ground on the first of what its chief executive envisions as a brand of senior living communities that combines high-end amenities and services with affordability for residents. Construction on a five-story senior living companion care apartment community in Bristol, Connecticut is underway that is expected to open in Spring 2023 […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Morningstar Senior Living Partners with Confluent Senior Living for Las Vegas Project MorningStar at The Canyons represents the project partners’ continued geographic expansion and […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: Planned Anthology Senior Living Announces Three New Senior Developments Anthology Senior Living is partnering with Harrison Street and Peninsula Investments Group […]
A senior living development firm has outlined a plan for new middle-market rental communities in the Tri-State Area of New York, New Jersey, and Connecticut, and perhaps beyond. Fairfield, Connecticut-based Senior Living Development’s new middle-market model calls for five-story, 60,000-square-foot communities with 120 beds for assisted living and memory care. Currently, the company has three […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design p, the annual SHN Awards Competition. Construction: Planned Ryan Cos., Great Lakes Plan Wisconsin Project Ryan Companies and Great Lakes Management are […]
Construction: Planned Lifespace Communities Location Near Chicago Plots Big Redevelopment Oak Trace, a Lifespace community in Downers Grove, Illinois, has announced plans for a $150 million redevelopment and expansion project, according to a press release. The first phase of the redevelopment will include a new health center with 66 assisted living apartments, 28 memory support […]
(Rendering of a planned cottage at Presby’s Inspired Life in Jenkintown, Pennsylvania — photo courtesy of Presby’s Inspired Life) Construction: Planned Groundbreaking Imminent for Dallas Senior Towers Workers are due to break ground soon on a new senior living community in Dallas, Dallas News reported. The new $136 million Ventana community will spread across two residential towers […]
