In the Pipeline: Senior Housing Construction Projects (12/15/16)

(Rendering of Pecan Grove at Highland Springs located in Dallas — photo courtesy of Erickson Living) Construction: Planned Arizona Developer Plans Senior Living Community Summerlin Asset Management plans to team up with Desert Land Group to create Havasu Senior Living in Lake Havasu City, Arizona. The community will include independent living, assisted living, memory care, […]

Senior Housing Investments & Transactions: Signature Senior Living

Joint Venture Acquires Northgate Terrace in California for $27.5 Million WNC, a national investor in real estate and community development initiatives, announced recently that its subsidiary, Community Preservation Partners LLC, has acquired Northgate Terrace, a 201-unit affordable senior housing community in Oakland, Calif., in a joint venture with Related Affordable LLC, for $27.5 million. The […]

In the Pipeline: Senior Housing Construction Projects (1/8/15)

Construction: Planned CareTrust REIT Completes $7.5 Million Investment to Build Upscale Colorado Community CareTrust REIT, Inc. (NASDAQ: CTRE) announced today that is has completed a $7.5 million preferred equity investment with Signature Senior Living and Vancouver, Washington-based Milestone Retirement Communities. The investment will be used to develop Signature Senior Living at Arvada, a planned 134-unit […]

Opportunity Abroad: Developing the Senior Living Sector in India

India’s senior population is expected to grow 250% by 2050. This surge coupled with the country’s underdeveloped senior housing industry offers plentiful opportunities for providers looking to offer housing and related services for India’s older adults. The global aging phenomenon is opening doors of opportunity for the American senior living industry in multiple countries across […]