Development

Strategic Student & Senior Housing Trust Breaks Ground on Expansion of Senior Housing Community in Portland, Oregon

PORTLAND, OR–Strategic Student & Senior Housing Trust, Inc. (SSSHT), a public, non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced today that SSSHT has broken ground on an expansion of Courtyard at Mt. Tabor, a continuum of care senior housing community in Portland that will add a free-standing, …

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Grace Ridge Begins $15 Million Renovations

MORGANTON, NC – Morganton, NC-based retirement community Grace Ridge begins a $15 million master renovation plan to better connect the community’s lodge feel with the breathtaking Blue Ridge mountains offered just outside its doors. Grace Ridge is working in collaboration with GMK Associates to enhance community spaces on the third, …

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HJ Sims Successfully Completes $186.5 Million Transaction for Start-up Rental Continuing Care Retirement Community in Dallas

FAIRFIELD, CT–HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the successful  September 2018 closing of a $69,875,000 bond underwriting, $70,450,000 financing, and $14,000,000 subordinate financing for Legacy Midtown Park (Legacy), a Jewish-sponsored, not-for-profit, start-up rental CCRC located in Dallas, TX, and managed by Legacy Senior Communities. …

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Berry College Announces Location for New CCRC

ROME, GA–Classes are in full swing at Berry College in Rome, but more seniors will be heading to campus on October 19 for the groundbreaking of The Spires at Berry College. These seniors, with an average age of 75, are representative of the more than 200 people who have decided to …

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The Legacy Senior Communities Secures Financing, Reaches Major Fundraising Goal and Announces Start of Construction for Legacy Midtown Park

PLANO, TX–The Legacy Senior Communities, a not-for-profit charitable organization, is proud to announce that the organization reached the $15 million philanthropic campaign goal in the largest capital campaign in its history. The donated funds will help build The Legacy Midtown Park rental continuing care retirement community in Dallas, which symbolizes …

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ZOM Senior Living Selects Balfour Beatty to Build Mixed-use Wellington Green Senior Living Community in South Florida

WELLINGTON, FL–ZOM Senior Living has contracted Balfour Beatty as construction manager for the first phase of Wellington Green Senior Living, its mixed-use senior housing community located in Wellington, FL. Situated on a 46-acre lakefront site in Palm Beach County, the development will offer residents a resort-style community with significant green …

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