Capital One Finances Caddis Construction Project

A large senior living community being developed by Caddis in partnership with operator Solvere Senior Living is going up in Venice, Florida thanks in part to a construction loan provided by Capital One. Totaling $35.7 million, the loan will finance the 181-unit project, which will feature independent living, assisted living and memory care services upon […]

Dekel Capital Funds Latest California Construction Project

Who says construction is slowing down? It may very well be, but we keep seeing an active market for construction loans. Dekel Capital arranged one of those totaling $38.7 million for a to-be-built assisted living/memory care community in Glendale, California. East West Bank originated the four-year loan, which came with 36 months of interest-only payments, […]

Capitol Seniors Housing’s Latest High-End Development

Always one to develop in affluent, high barrier-to-entry markets, Capitol Seniors Housing is expanding its presence in the New York City metro area with a brand-new assisted living/memory care community in Clarkstown, New York. Situated in the affluent community of New City, the property will feature 80 units upon its completion in early 2020. Atria […]

BMO Harris Bank Finances Watercrest’s Latest Senior Living Development

Watercrest Senior Living Group’s latest development in Florida just obtained a construction loan courtesy of BMO Harris Bank’s Healthcare Real Estate Finance group. The community just broke ground last August and is anticipated to open in Summer 2020 with 72 independent living, 96 assisted living and 30 memory care units. Watercrest is developing the community […]

NHI Finances CCRC Expansion Project in Phoenix

The Phoenix, Arizona market has been a hotbed of senior living construction activity thanks to its rapidly growing retiree population, and a large CCRC catering to high-income residents is looking to capture part of that growth with an independent living expansion. Sagewood already has 316 independent living units, 44 assisted living units, 28 memory care […]

Multicultural Senior Community Under Construction in Midwest

A unique senior living community is nearing completion in the Chicago suburb of Schaumburg Township, Illinois, under the guidance of active adult developer Aman Living. Designed to appeal to varying cultures, including Indian, Asian and American, this community will feature a continuum of care that includes 55 townhomes in 12 buildings, 75 condominiums in a […]

Zom Living Enters the Senior Living Market

A major seniors housing development is about to break ground in Palm Beach County, Florida, after the developers finalized the purchase of a 46-acre plot in a transaction handled by Charlie Hilding, Mark Myers and Josh Jandris of Institutional Property Advisors, a division of Marcus & Millichap. Additionally, Ryan Nee of Marcus & Millichap’s Fort […]