News

8/25/2016

Arcadia uses Propero® Equity Structure to Fund New Development

Arcadia Communities, headquartered in Louisville, Kentucky, was founded in 2008 and owns and operates three seniors housing and care properties in Kentucky, Louisiana, and Michigan. Seeking to expand its footprint, Arcadia sought funding to construct a new 79-unit seniors housing and care community consisting of independent living (IL), assisted living (AL) and memory care (MC) units. The project, to be called Arcadia Senior Living-Clarksville, will be located approximately 50 miles northwest of Nashville in Clarksville, Tennessee.

10/16/2015

$26.7 million development expected to be complete in late 2016

McKnight's Senior Living reports on a new $26.7 million construction project in Conroe, Texas. Lancaster Pollard's ProperoTM worked with Paradigm Senior Living to develop the 140-unit community consisting of independent living, assisted living units and memory care.

The Wave of Private Capital in Seniors Housing
12/6/2014

The Wave of Private Capital in Seniors Housing

Currently, about 8,000 Americans will turn 65 each day according to the American Association of Retired Persons. Many of the individuals will eventually need some form of assistance in daily living and will entertain the idea of moving into a senior living community where many amenities are offered that make daily living easier than homeownership. As such, seniors housing has become quite the attractive industry for real estate investors and developers seeking new construction, turnaround projects or acquisitions of stabilized assets.