Senior Housing

MGL Partners (MGL) and Denver Metro Village (DMV) hosted a ribbon-cutting ceremony Tuesday, September 14 to unveil a major renovation project at DMV’s affordable senior housing community in the Sloan’s Lake neighborhood. MGL, Denver-based multifamily, senior, workforce and affordable housing developer with a mission to build lasting value through the creation of high-quality …

Denver-based MGL Partners, a multifamily, senior, workforce, and affordable housing developer, has been selected by nonprofit Silver Key Senior Services to develop a new affordable senior living facility in Colorado Springs.  “This partnership with Silver Key allows us to further pursue a crucial piece of our mission—bringing quality housing to the communities that need it most,” said …

Mapleton Hill Investments LLC has received $29.7 million in commercial property-assessed clean energy (C-PACE) financing for its continuing care retirement community Academy Mapleton Hill, located at 311 Mapleton Ave. in Boulder. Imperial Ridge Real Estate Capital, a national private commercial real estate capital provider based in Colorado, provided the financing—one of …

Co-developers MorningStar Senior Living and Edgemark Development LLC are expected to break ground in Q4 2021 on a new senior care community at 5555 East Arapahoe Road, overlooking Holly Park in Centennial. The project will open in 2023 under the name MorningStar Senior Living at Holly Park. The partnership between MorningStar and Edgemark draws on each company’s …

The Homestead at Lakewood, a 58-Unit seniors housing property located in Lakewood, has sold for $8.3 million. Located at 2121 Wadsworth Blvd, the Homestead at Lakewood was constructed in 1999 under the Low Income Housing Tax Credit (LIHTC) program.  The property consists of studios, one-bedroom units, and two-bedroom units and …

Avenida Partners has announced plans to develop a resort-inspired apartment community for active adults age 55 and older, at McWhinney’s Centerra master-planned community. The 180,000-square-foot building will be constructed on 6.5 acres, complementing the wide-range of residential offerings across the community. Construction for the project begins this month, and Avenida is planning for a grand opening …

Pinkard Construction, Denver Housing Authority, and Parikh Stevens Architects have been awarded with the Associated Builders and Contractors National Excellence in Construction®(EIC) Eagle Award for their work on Vida at Sloan’s Lake affordable senior housing project. Pinkard is the only general contractor in the ABC Rocky Mountain chapter to receive the honor. The EIC awards …

United Properties has announced plans to launch its line of for-sale cooperative senior-housing communities in the Denver market, with the first coming to Westminster in late 2023. The Applewood Pointe Westminster 62+ cooperative community will be built at the southwest corner of West 108th Avenue and Wadsworth Parkway in Westminster. The …

In an effort to create safe environments for seniors and their families to connect, Pinkard Construction has successfully installed Global Plasma Solutions’ (GPS) needlepoint bi-polar ionization air quality units at The Ridge Pinehurst Senior Living in Lakewood. This technology is tested and proven to deactivate 99.4 percent of the SARS-CoV-2 (COVID-19) virus along with many other pathogens. …

Confluent Senior Living, and its partner/operator MorningStar Senior Living have broken ground on a new community located in Denver’s iconic Observatory Park neighborhood. MorningStar at Observatory Park represents the partnership’s 13th location within its portfolio, and its first urban infill location in Denver, which will establish a future home for …