In the Pipeline: Senior Housing Construction Projects (7/6/17)

Construction: Planned Former National Guard Armory in Pennsylvania to Become Senior Housing The new owners of a former National Guard armory in Sunbury, Pennsylvania, seek to turn the historic building into a senior living community. As planned, Z&Z Limited Partnership would build nearly 50 senior homes on the same site as the armory, according to the Daily […]

Movers & Shakers: Holiday Hires New Senior VP of Sales

Holiday Retirement Welcomes New Senior VP of Sales Holiday Retirement welcomed Rick Wigginton as the company’s new senior vice president of sales. Wigginton has more than 25 years of executive experience in direct sales and sales management. Before joining Holiday, he worked at Atria Senior Living, where he served as senior vice president of sales, […]

In the Pipeline: Senior Housing Construction Projects (8/25/16)

(Rendering of Market Street Memory Care Residence, located in Palm Coast, Fla. — Photo courtesy of Watercrest Senior Living Group) Construction: Planned Development Announced for Memory Care Communities Market Street Memory Care Residences, located in Palm Coast, Fla., will break ground in December. The community, owned and operated by Watercrest Senior Living Group, will be 46,000 square feet […]

Movers & Shakers: Executive Director Appointments

Covenant Village of Colorado Selects Executive Director Covenant Village of Colorado appointed Kent Mulkey as executive director for Covenant Village of Colorado, a faith-based, not-for-profit continuing care retirement community (CCRC) located in Westminster, Colorado, and administered by Covenant Retirement Communities. Mulkey has 18 years of experience in senior housing leadership, including management, training and operations […]

Senior Housing Finance Activity: Greystone, CBRE

Greystone Provides $49.4 Million in Freddie Mac Financing for Seniors Housing in California and Colorado Greystone, a real estate advisory, investment and lending firm, announced it provided $49.9 million in Freddie Mac loans to refinance two assisted living and memory care communities in Denver, Colorado, and Carmichael, California. Greystone Managing Directors Scott Kavel and Cary […]

Movers & Shakers: Juniper’s Executive Promotion

Juniper Communities Announces Executive Promotion Juniper Communities, a national owner and operator of 20 senior living communities, announced the promotion of Cindy Longfellow to vice president of business development and sales and marketing. Longfellow started with Juniper in 2003 at a Wellspring Memory Care community in Louisville, Colorado, serving as a member of the community-based […]

In the Pipeline: Senior Housing Construction Projects (7/28/16)

(Rendering of Cherrywood Pointe of Minnetonka, located in Minnetonka, Minn. — Photo courtesy of Cherrywood Pointe Senior Living) Construction: Planned Community Will Expand CCRC in Carlisle, Pa. A Presbyterian Senior Living CCRC will begin construction of 12 residential homes for independent living. Green Ridge Village already serves more than 300 older adults in  personal care, […]

In the Pipeline: Senior Housing Construction Projects (5/12/16)

(Tribute at Heritage Village — A senior living community in the Washington, D.C. metro area developed and operated by Atlanta-based Thrive Senior Living) Construction: Planned Civitas Senior Living Plans Summer Construction for Texas Community Officials with Fort Worth, Texas-based Civitas Senior Living and Summerlin Asset Management announced last week that construction will begin this summer […]

In the Pipeline: Senior Housing Construction Projects (1/28/16)

(Pecan Grove independent living building at the Highland Springs retirement community in Dallas — Photo courtesy of Erickson Living) Construction: Planned Episcopal Retirement Homes Plans $110 Million Renovations to 27 Communities Cincinnati-based Episcopal Retirement Homes plans to spend $110 million on renovating 27 of its communities nationwide, reports Cincinnati.com. The not-for-profit senior care provider will be investing in its […]

Senior Housing Finance Activity: Cushman & Wakefield, Ziegler

Cushman & Wakefield Arranges $53.4 Million in Construction Financing for LCB Senior Living Developments in Massachusetts Cushman & Wakefield Senior Housing Capital Markets, a global real estate services firm, has arranged $53.4 million loan in construction financing and joint venture equity for LCB Senior Living’s two senior housing developments in Massachusetts. The Residence at Vinnin Square […]