Senior housing is not a one size fits all business, and there is a wide opening for developers to create communities specifically tailored for underserved…
Posts published in “Development”
Covid-19 continues to adversely affect senior housing occupancy, which reached another record low in the third quarter of 2020, according to data released by the…
STUART, Fla. — The United Group of Companies Inc. has received a $32 million construction loan from Knighthead Funding for The Sovana at Stuart, an…
GREENSBORO, N.C. — LCS Development has started construction of a $75 million expansion at WhiteStone, a Masonic and Eastern Star seniors housing community in Greensboro.…
COLUMBUS, Ohio — Ziegler has arranged $27.9 million in bond financing Ohio Living Communities. The funds will be used for an expansion project at the…
POINT PLEASANT, N.J. —Crest Pointe Rehabilitation & Healthcare Center has broken ground on a 3,000-square-foot building expansion. The new therapy gym is part of a…
BETHESDA, Md. — Brightview Senior Living has opened Brightview Grosvenor an assisted living and memory care community in Bethesda, approximately 10 miles north of downtown…
Covid-19’s disruption puts further pressure on the senior living and care industry to address the need for middle-market communities. But the pandemic has also wiped…
Advocacy Development Partners Completes Entitlements for 83-unit Assisted Living Project in San Jose
SAN JOSE — Advocacy Development Partners (ADP) has received unanimous approval from the San Jose City Council for a new assisted living and memory care…
BOCA RATON, Fla. — The Jewish Federation of South Palm Beach County has received bond financing for a planned $160 million expansion at The Toby…
LOS ANGELES — MP Los Angeles, the developer behind the massive $1 billion Hollywood Center mixed-use project in Los Angeles, has unveiled plans for 130…
From processes to spaces, senior living design and construction are in for a change. By Drew Roskos Now in month six of our country’s full-scale…
PLANO, Texas — Forefront Living, a faith-based, nonprofit organization providing senior living and hospice services in the Dallas area, is seeking approval from Plano city…
JACKSONVILLE, Fla. — Inspired Living has started construction of Inspirations at the Town Center, the company’s first independent living community, in Jacksonville. Situated on 12.1…
NAPERVILLE, Ill. — Avenida Partners has completed construction of Avenida Naperville, an active adult community for residents over age 62 in the Chicago suburb of…
LA VERNE, Calif. — Truist Financial Corporation has provided $42.4 million in financing for Hillcrest, a continuing care retirement community (CCRC) in La Verne, approximately…
FORT WORTH, Texas — Ziegler has arranged $131.4 million in bond financing for the development of Stevenson Oaks, a planned senior living community in Fort…
ORLAND PARK, Ill. — Smith Senior Living has opened Smith Crossing Greenleaf Rehab, a 46-suite short-term rehabilitation expansion at its Smith Crossing community in the…
Although COVID-19 has changed the realities of the seniors housing sector, development has adapted and forged ahead. That’s according to panelists on a webinar titled…
DAYTON, Ohio — KeyBank has arranged a $38 million financing package for renovations to The Biltmore Towers, an affordable housing community in Dayton. KeyBank Community…