By Matt Canterbury, President of Development, Homestead Cos. Seniors housing is seldom part of the broader economic development conversation. And when it is, affordable independent…
Posts published in “Development”
ENCINITAS, Calif. — Ware Malcomb has completed construction of Westmont of Encinitas, an assisted living community in the San Diego suburb of Encinitas. Ware Malcomb…
Senior housing occupancy rose to 81% in the fourth quarter of 2021, an increase of one percentage point, marking the second consecutive quarter of occupancy…
ORLANDO — A partnership between Orange County, American Residential Communities and New South Residential has completed Phase I of Madison Landing, an affordable seniors housing…
Discovery Senior Living and White Oak Healthcare REIT have acquired a 10-building portfolio, which will be operated by Discovery as part of the provider’s strategy…
BREA, Calif. — Cadence Living, Flournoy Development Group and Harrison Street have broken ground on Cadence Brea, an 80-unit assisted living and memory care in…
GILBERT, Ariz. — Greystar has started pre-leasing at Album Cooley Station, an active adult community in the Phoenix suburb of Gilbert. “There is a need…
Atria Senior Living and Welltower (NYSE: WELL) are partnering to develop a senior living community as part of a $350 million mixed-use residential and retail…
Brookdale Senior Living (NYSE: BKD) wrapped up 2021 by completing a pair of significant moves; completing a $100 million refinancing and prepaying substantially all of…
Financings Regions closes on $21 million for construction The healthcare real estate team of Regions Bank closed on a loan for more than $21.7 million…
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Columbia Residential, Renaissance Heights Open Phase II of Columbia Renaissance Square in Fort Worth
FORT WORTH, Texas — Renaissance Heights United, in partnership with Columbia Residential and Purpose Built Communities, has opened the second phase of Columbia Renaissance Square…
Improving air quality and tightening infection control standards for senior housing became paramount in the throes of the Covid-19 pandemic. Now, the bar has been…
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PHILADELPHIA — Operators in the seniors housing industry have long been awaiting the incoming demographic wave of baby boomers reaching retirement age. Every day in…
WILMINGTON, N.C. — LCS Development has started construction of an expansion at Plantation Village, a continuing care retirement community in Wilmington. The project will add…
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FOLSOM, Calif. — USA Properties Fund has started construction on Sage at Folsom, located approximately 25 miles east of Sacramento in Folsom. Sage at Folsom…
GLEN BURNIE, ELLICOTT CITY and COLUMBIA, Md. — Enterprise Community Development has acquired and planned redevelopment projects at three affordable seniors housing communities: Park View…
NEW YORK CITY — Sunrise Senior Living has opened Sunrise at East 56th, a 151-unit high-rise in the Upper East Side neighborhood of Manhattan. Partners…