Developer Taps Opportunity Zone Funds for ‘Hampton Inn of Assisted Living’ Pipeline

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: Senior Housing Construction Projects (8/10/17)

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 […]

In the Pipeline: Senior Housing Construction Projects (4/20/17)

(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 […]

Senior Housing Investments & Acquisitions: Aviv REIT, ISL, Masonicare

Senior Living Investment Brokerage Handles $5.3M Sale  Senior Living Investment Brokerage, Inc. recently facilitated the $5.32 million sale of three small assisted living communities in Southeast Michigan with a total of 78 units. The communities are all located within one mile of one another in Temperance, Mich. and were sold by an owner/operator looking to […]