Development

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, …

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, …

JACKSON, MS–Blake Management Group and LifeCare Properties, LLC announced a joint venture this month that will expand the resort-style Blake senior living communities nationwide. “Over the years, we have considered dozens of potential joint ventures to grow our brand, and we feel like we’ve found the perfect partnership in LifeCare …

CLERMONT, FL–Greystone Healthcare Management, an industry-leading healthcare management company, announces development of its newest skilled nursing facility. The 60,250 square-foot center will sit on a 10-acre site and include 80 total beds, comprised of 40 private suites and 20 semi-private rooms. As with all Greystone facilities, the newest center will …

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. …

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 …

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 …

HOUSTON–Belmont Village Aliso Viejo, currently under construction at 300 Freedom Lane, will be the company’s 29th Senior Living community and is projected to open early 2019.  This will be the first community Belmont Village has built in Orange County. An open house was held at its newly opened Information Center …

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 …

DALLAS–Adolfson & Peterson Construction (AP) recently completed a new senior living facility in Dallas, located at 8130 Meadow Rd., near the intersection of Meadow Road and US 75 North Central Expressway, immediately north of Texas Health Presbyterian Hospital Dallas. Designed by Page, developed by Corsair Ventures and financed by US …