Senior Housing
Indianapolis Seniors Apartments Receive $2.3M Grant From HUD
HUD has awarded the AHEPA 232 Apartments in Indianapolis a $2.38 million grant under its Assisted Living Conversion Program. The funding will be used to covert 24 of AHEPA 232’s 74 units into service-enriched seniors housing.
Cadence McShane Completes Texas Seniors Care Community
Cadence McShane Construction Company has completed the comprehensive construction services for Legacy at Falcon Point, a seniors care community in Katy, Texas. The new, 82-unit assisted living and memory care facility was constructed on behalf of PinPoint Commercial LP.
M.V. Partners Opens New Seniors Apartments in Costa Mesa
Azulón at Mesa Verde, a 215-unit, market-rate seniors housing development, is now open in Costa Mesa with nearly 70 apartments occupied. Locally based M.V. Partners developed the “resort-inspired” project for renters over 55.
NAHB Announces Best of 50+ Housing Awards Finalists
The National Association of Home Builders has announced the finalists for NAHB’s 2015 Best of 50+ Housing Awards, the premier design and marketing competition for the 50+ housing industry.
New Affordable Seniors Property Opens in LA County
Affordable Living for the Aging has opened its latest seniors housing development, the Janet L. Witkin Center, which has 17 units at 937 N. Fairfax Ave. in West Hollywood. The project will serve low-income and formerly homeless seniors.
Economy Watch: Seniors Housing Builders More Optimistic
Builder confidence in the seniors housing market was up again in the third quarter, according to the latest survey by the National Association of Home Builders.
Brookfield Multiplex Begins Construction on $88M Seniors Community in Sydney’s Vaucluse Suburb
Global contractor Brookfield Multiplex has broken ground on an $88 million (AUD $100 million) seniors community in Sydney’s Vaucluse suburb.
Avanti Senior Living Developing $15M Assisted Living Community in Flower Mound, Texas
Avanti Senior Living will build Avanti at Flower Mound, a $15 million assisted living and memory care community in Flower Mound, Texas, commencing building in January with an expected occupancy of early spring 2016.
Work Begins on Seniors Housing in Suburban Rochester
Ground has been broken on Long Pond Senior Housing, an affordable supportive seniors housing development in the town of Greece, a suburb of Rochester, N.Y. When the first phase is complete, the property will include 54 one- and two-bedroom units.
Avanti Rolling Out New Seniors Properties in Texas
Avanti Senior Living is on the verge of starting work on its latest property, Avanti at Flower Mound, which is part of a series of the developments by the Woodlands-based company either recently under way or in the advanced planning stages.