Senior Living Archives

Bascom buys Prescott senior living facility

by in AZRE Magazine | Senior Living

Bascom Arizona Ventures has acquired the Prescott Lakes Senior Community, a 123-unit luxury independent living senior apartment community for $18,000,000 or $146,341 per unit. The property is located in Prescott, Arizona in the highly desirable Prescott Lakes master planned community. Bascom Arizona Ventures worked with Brian Halpern and Alex Kane of Jones Lang LaSalle Americas,… Read More →

$30 million senior living facility coming to Pima Center

Pima Center
by in AZRE Magazine | Senior Living

Pima Center, a mixed-use business park located along the Loop 101 between the Via de Ventura and Pima/90th Street exits on the Salt River Pima Maricopa Indian Community, will be the site of a new Legacy Village assisted living community. The $30 million project is expected to create more than 175 full and part-time jobs. Legacy… Read More →

Sagewood expands with 24 independent living homes

by in AZRE Magazine | Senior Living

Sagewood, a Life Plan Community featuring a resort-like setting and amenities focused on independence and well-being in northeast Phoenix, is expanding its senior living community with high-end independent living homes, The Estates. Inspired by hand-crafted custom homes, The Estates neighborhood will consist of 24 highly-appointed, luxury villas, single or duplex casita homes ranging from 1,926… Read More →

The Weitz Company finishes 2 buildings at The Colonnade

The Weitz Company

The Weitz Company completed construction on two, four-story independent living villas for Sun Health’s The Colonnade senior living community, according a spokesperson, Tuesday. Buildings five and six within The Colonnade were recently finished. The two buildings include 36-units condo-style homes with high-end finishes along with a courtyard and more. The Colonnade is one type of… Read More →

Fellowship Square in Surprise breaks ground


Fellowship Square Surprise broke ground Wednesday on its newest senior housing community. The project, Fellowship Square Surprise, will be built at 16477 W. Bell Rd., and 16640 N. Sarival Rd., in Surprise. The senior living facility will consist of two buildings on 14.6 acres,  with 313 studio, one and two bedroom residences, including 255 independent living units,… Read More →

Sagewood completes $13.2M expansion


Sagewood, a Scottsdale senior living community, has completed the expansion of its on-site, Acacia Health Center, according to Sagewood’s Executive Director Stewart Ingram. Doubling in size, the $13.2 million expansion includes another 36,300 square-feet to Acacia Health Center at Sagewood. Sixty beds have been added to the health center including a new 20-bed memory care neighborhood… Read More →

The Weitz Company finishes senior living community

Weitz Company

The downtown Mesa age-restricted senior living community, Encore on First West, has officially been completed, according to a Wednesday announcement by The Weitz Company. Encore on West First is a 44,000 square-foot, 4-story building, 44 unit complex that was built with accommodations for a future solar panel system on the roof. The community is a… Read More →

Amenity packed senior living facilities are the place to go

Colonnade HEADER

The face of senior living and assisted care facilities is changing. From Continuing Care Retirement Communities (CCRCs) and stand-alone memory care and rehabilitation facilities, to entrance-fee models and rental options and hybrids of all of the above, continuum care is departing from a sullen and depressing nursing home stigma. There is no better place to… Read More →

After waiting since downturn, developers start construction

Senior living
by in AZRE Magazine | Construction | Senior Living

Since 2005, developers have been sitting on land at the southwest corner of Olive and 107th Avenues in Peoria, waiting for the right time to move forward with the right project. Tuesday, Chicago-based general contractor Lamp Incorporated announced that the time is now. The lot will be the site of The Mission at Agua Fria—a… Read More →

Chandler memory facility plans move forward

banner alzheimers foundation - brain research
by in AZRE Magazine | Senior Living

The Chandler City Council approved the re-zoning for the future location of a memory care facility in Chandler near Arizona Avenue and Queen Creek Road. A 36,377 square-foot single-story care facility, Parkland Memory Care will be built on the 4.5 acre site along with two medical office buildings. Oregon-based Lenity Architecture designed the building, along… Read More →

New to Market: July, August 2015

REI Goodyear Distribution Center

RETAIL Crown on 7th DEVELOPER: Buzz Gosnell and Niels Kreipke General Contractor: Alexander Building Company Architect: Brick & West Design Brokerage: Venture REI Location: 7th Street, between Missouri Avenue and Bethany Home Road Size: 18KSF VALUE: $6M redevelopment Start/Completion: November 2014 to summer 2015 MIXED USE CB20 DEVELOPER: Wetta Ventures General Contractor: TBD Architect: Brick… Read More →

Senior care facility developer buys land in Arrowhead Ranch

Orchard Pointe at Arrowhead, Courtesy of Colliers International

Colliers International in Greater Phoenix recently completed a $2.23M sale of a 3.95-acre ($13 per square foot) commercial land parcel, where the 100-unit Orchard Pointe at Arrowhead senior care facility is planned. Glendale Heritage LLC of Omaha, Neb., purchased the land, located just north of the northwest corner of Bell Road and 67th Avenue in… Read More →

Sagewood completes second phase of Casitas

Sagewood, a Life Care Services community featuring resort-like amenities and health care services for senior living, has completed construction on its second phase of casitas. A recovering housing market and strong community sales sparked the second phase of detached casitas, a duplex home option for seniors living at Sagewood. The stylish two-bedroom, den and two-and-a-half… Read More →

IPA, Retirement Community Specialists join forces

IPA Living, Mark Boisclair Photography

IPA, a leading operator of luxury multifamily communities in Arizona and Michigan, and Retirement Community Specialists, Inc. (RCS), a leading operator of luxury senior housing communities in Arizona, recently announced they have joined together under the same umbrella company, IPA, LLC. RCS and IPA now operate together under the direction of a combined executive team… Read More →