Construction Begins on a 137-Unit Senior Living Community in Westminster
WESTMINSTER– CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has begun construction on Atria Westminster, a five-story, 137-unit senior living community located at 9560 Sheridan Blvd. in Westminster. The property is expected to open in early 2020. “Building on the tremendous success of …
Lakewood Senior Living Community Tops Out
LAKEWOOD — The Ridge Senior Living has completed vertical construction of The Ridge at Pinehurst, an 18-acre independent living, assisted living and memory care community in Lakewood. Development costs are estimated at $150 million for the project. When completed, the community will offer 222 independent living units, 96 assisted living …
OZ Architecture Designs New Senior Living Community
GRAND JUNCTION, CO — Construction has begun on The Lodge at Grand Junction, a Rocky Mountain Senior Housing and WellAge senior living community that is slated to open in the summer of 2019. OZ Architecture, an award-winning, national architecture and design firm, designed the community. Shaw Construction is the general contractor on …
Groundbreaking: Tammen Hall Redevelopment
DENVER — The Tammen Hall redevelopment project broke ground yesterday on the Saint Joseph Hospital campus in Denver’s City Park West neighborhood. MGL Partners and Solvera Advisors LLC will develop the project, with The Neenan Company serving as the design-build partner for the renovation of the historic landmark. In the midst …
Confluent Senior Living Completes Sale of Fort Collins Senior Living Community
DENVER – Confluent Senior Living, a subsidiary of Denver-based real estate investment and development firm, Confluent Development, recently announced the sale of its MorningStar of Fort Collins senior living community. Previously the owner of the project, Confluent Senior Living co-developed the community with its operating partner MorningStar Senior Living. MorningStar …
Denver a Top 10 Seniors Housing Construction Market
DENVER – Marcus & Millichap’s First Half 2018 National Seniors Housing Research Report states that Denver is a Top 10 Seniors Housing Construction Market. Denver currently has 2,145 units under construction and in Q4 2017, the city had a 90.2 percent stabilized occupancy rate. According to the report senior housing demand …
Zocalo’s 55+ Mixed-Use Apartment Community Opening in Downtown Littleton
DENVER — Vita, Zocalo Community Development’s new LEED Gold-designed 55+ mixed-use apartment community in downtown Littleton is officially complete, and residents will begin moving in this May. The sustainable, 159-unit apartment community is situated just one block from an RTD Light Rail station, providing its residents with easy access to all that metro Denver …
Groundbreaking: Balfour at Lavender Farms, Louisville
LOUISVILLE — Balfour Senior Living and AEW Capital Management will break ground on their latest senior assisted living community, Balfour at Lavender Farms. The project is the latest addition to the Balfour’s Louisville campus that is slated for occupancy in the first quarter of 2019. DTJ Design has been selected as the …
2018 CRE Outlook Cautiously Optimistic
DENVER – After years of unprecedented growth, the commercial real estate outlook is cautiously optimistic, with moderate, steady growth forecasted for the year ahead, according to Integra Realty Resources‘ (IRR) signature Viewpoint 2018 publication released today. The annual report provides a detailed overview of the local and national commercial real estate market across five key …
New Senior Housing Cooperative Coming to Loveland
LOVELAND, CO — Minnesota-based Real Estate Equities Development, LLC has announced plans for its newest Village Cooperative community, which will be the first owner-occupied senior housing cooperative in Loveland. Senior cooperative housing communities originally began in Minnesota in the 1970s and have had a successful track record with more than 120 communities, …