Communities
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United Properties to Rebrand Its Florida Senior Living Communities
MINNEAPOLIS, MN—United Properties, one of the largest real estate investment and development companies in the Midwest, announced last week that it is rebranding its senior living communities in Naples and Sarasota, FL, and transferring operations of the communities from Watercrest…
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$175M Financing Secured for Recapitalization of Senior Living Portfolio Across Southeast
DALLAS, TX—JLL Capital Markets announced last week that it has arranged a $175 million refinancing for a six-property seniors housing portfolio totaling 821 units across the southeast. The portfolio offers a mix of independent living, assisted living and memory care…
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Indigo Carolina Forest Offers Upscale Independent, Assisted Living and Memory Care Options
TALLAHASSEE, FL—SRI Management LLC—in conjunction with ownership partners Compass Living, an Atlanta-based real estate development company, and Bourne Financial Group—recently unveiled Indigo Carolina Forest on nearly nine acres in the heart of the Carolina Forest. Encompassing 166 living options—from independent cottages and apartments…
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Age-Restricted Multi-Housing Community in New Jersey Trades for $29.9M
MORRISTOWN, NJ—JLL Capital Markets announced earlier this week that it has closed the $29.9 million sale of Royal Pines at Marlboro, an 89-unit 55+ multi-housing community in Englishtown, NJ. JLL represented the seller—a joint venture between GRJ and Castellan Real…
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EW Howell Construction Group Completes St. Johnland Assisted Living in Kings Park, NY
PLAINVIEW, NY—EW Howell Construction Group, one of the region’s leading builders, recently announced the completion of the new St. Johnland Assisted Living at 393 Sunken Meadow Rd. in Kings Park, NY. The two-story, 68,000 square foot facility on Long Island’s…
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Living Out Palm Springs Nears Completion With Celebratory Beam Signing Ceremony
PALM SPRINGS, CA—Living Out Palm Springs, the elegant LGBTQ+ active adult retirement community, celebrated a major milestone on November 15th with a beam signing ceremony celebrating the placement of the building’s final structural beam. Community officials, LGBTQ+ activists, developers and…
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12 Oaks Senior Living Adds Additional Community to Its Management Portfolio
DALLAS, TX—12 Oaks Senior Living continues to expand its relationship with current clients to manage an additional assisted living and memory care community, Copper Canyon Memory Care & Transitional Assisted Living, located in Tucson, AZ. 12 Oaks Senior Living intends…
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Construction Complete on Large Senior Living Expansion in Jenison
HOLLAND, MI—EV Construction and The Christman Company, two leading west Michigan construction management firms, partnered with Sunset Senior Communities and Hobbs+Black Architects on the third phase of the Waterford Place community. “We are very excited to have the opportunity to…
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Goodwin Living Awarded CMP Grant To Expand Brain Health Programming To Older Adults Across Virginia
ALEXANDRIA, VA—Goodwin Living, a not-for-profit, faith-based, regional senior living and health care services organization in the National Capital Region, announced that it has received a grant of $324,907.73 from the Centers for Medicare and Medicaid Services’ (CMS) Civil Monetary Penalties…
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U.S. News Reveals the 2022-2023 Best Nursing Homes
WASHINGTON, D.C.—U.S. News & World Report, the global authority in hospital rankings and consumer advice, revealed earlier this week the 2022-2023 Best Nursing Homes ratings to assist prospective residents and their families in making informed decisions (in consultation with their…