A joint venture between Ryan Companies, LCS and Harrison Street Real Estate Capital broke ground on Clarendale West End, a planned 261,000-square-foot, five-story seniors housing community in Nashville’s West End district. Situated near Vanderbilt University and downtown Nashville, the property will offer 172 independent living, assisted living and memory care units, with plentiful amenities. Rents will start at $4,400 a month for independent living, $6,000 for assisted living and $7,200 for memory care.
Ryan Cos. is the developer and builder for the project, Ryan A+E Inc. is the architect of record, and Direct Supply Aptura is the development’s interior designer. Plus, upon completion in the third quarter of 2024, LCS will operate the community. Old National Bank provided $58.1 million in five-year construction financing to fund the project.
