Communities

New Affordable Assisted Living Community Open in Michigan City

BRADLEY, IL–Silver Birch of Michigan City, a new affordable assisted living community for older adults has opened in Michigan City, IN. This multimillion-dollar development was designed for seniors who have a financial need and need some help to maintain their independence.…

Trammell Crow Residential Breaks Ground on Alexan Wrentham Near Boston

BOSTON–Trammell Crow Residential (“TCR”), America’s premier multi-family real estate company and the only national group with nearly 40 years of experience in apartment development, announced that it has broken ground on Alexan Wrentham, a 240-unit project in Wrentham, MA. Anchoring a 50+…

Parkway Place Plans $12.8 Million Renovation and Expansion Project

HOUSTON–Parkway Place, a nonprofit faith-based senior living community in Houston, is undergoing a $12.8 million renovation and expansion project to improve existing areas and create a new state-of-the-art skilled nursing and rehabilitation center. The project has already started and is…

Buckner Villas Completes $29.8 Million Expansion and Renovation Project

AUSTIN, TX–The city of Austin is one of the fastest growing cities in the country, and by 2040 the older adult population (65-plus) is expected to comprise nearly one-fifth of the Central Texas population, according to the Aging Services Council…

Leisure Care to Provide New Options for Seniors in St. Charles

SEATTLE–Leisure Care, one of the largest senior housing management companies in the country, will open a new assisted living and memory care community to complement the services provided at its established Fairwinds – River’s Edge location. Opening this summer, The…

Ziegler Closes $94.3 Million Refinancing of Board & Care Community in Florida

CHICAGO–Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $94,335,000 refinancing of a not-for-profit client in Florida by Ziegler Financing Corporation (ZFC), the FHA-insured mortgage lending arm of Ziegler. By taking a unique approach to…

Ziegler Closes $14.7 Million Portfolio of HUD Refinancings in Northern California

CHICAGO–Ziegler, a specialty investment bank, is pleased to announce the successful closing of $14.7 million of senior living refinancing transactions through the Section 232/223(a)(7) HUD Mortgage Insurance Program by Ziegler Financing Corporation (ZFC), the FHA-insured mortgage lending arm of Ziegler.…

Watercrest Senior Living Group Announces Sage Park Assisted Living and Memory Care Sales Office Opening

VERO BEACH, FL–Sage Park Assisted Living and Memory Care is now welcoming visitors to their community sales office, offering prospective residents the opportunity to secure their reservation in the 128-unit upscale senior living community in Kissimmee, FL. Watercrest Senior Living, the operator of…

Quality Senior Living releases plans to build The Blake at Colonial Club in Harahan, LA

HARAHAN, LA–Quality Senior Living (QSL), a portfolio company of LongueVue Capital, together with Blake Management Group, introduces “The Blake at Colonial Club,” a premier senior living community in Harahan. The Blake at Colonial Club will be located near the corner…

Perimeter Architects Adds Full-Service Design-Build While Focusing on Healthy Lifestyles

CHICAGO–Perimeter Architects announces its newly formed company, Perimeter Architects & Construction, created to provide architect-led design-build (ALDB) services and act as the single point of contact for its clients. This extension of services will allow Perimeter, who specializes in the…