(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 […]
Watercrest Senior Living Group
(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 […]
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 […]
(Legacy at Crystal Falls – Photo courtesy of Cadence McShane Construction Company) Construction: Planned Thrive Senior Living Plans Summer Groundbreaking for Ala. Community Atlanta-based Thrive Senior Living announced this week that it will break ground this summer on a new assisted living community in southeast Huntsville, Ala. The 93-unit Thrive at Jones Farm will feature luxuriously […]
Brookdale Appoints Mark Parrell, Lee Wielansky to Board Of Directors Brookdale Senior Living Inc. (NYSE: BKD) recently announced the appointments of Mark J. Parrell and Lee S. Wielansky to its Board of Directors as Class III directors. The appointments of Parrell and Wielansky, which became effective on April 23, 2015, fill the vacancies created by the […]
Construction: Planned Senior Lifestyle Corp. to Break Ground on New Fla. Community Chicago-based Senior Lifestyle Corporation announced last week it will break ground this spring on its newest community, The Sheridan at Cooper City, a 111-unit assisted living and memory care facility in Cooper City, Fla. The Sheridan at Cooper City will feature 72 assisted […]
Construction: Planned HCP Seeks $108 Million Redevelopment for Mixed-Use, MOB Project HCP, Inc. plans to purchase an aging assisted living tower in Fort Worth, Texas and redevelop it into apartments, retail, medical office and parking, reports Forth Worth Business Press. The Irvine, Calif.-based real estate investment trust (REIT) is seeking $3.9 million in reimbursement for […]
Construction: Planned Wisconsin Assisted Living Community to Add Memory Care Center An assisted living community in Weston, Wisconsin is scheduled to break ground late this month on a memory care addition to the existing campus, reports Central Wisconsin Business. Stone River Assisted Living and Rehab will break ground on the new, 23,000-square-foot memory care facility […]
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