Senior housing event is April 20
There is no simple answer to sum up the state of the senior housing industry along the Front Range. “It’s a big market with 10 different product types,” Elisabeth Borden told me. Borden, principal of The Highland Group, a consulting group in Boulder that provides research, planning and marketing solutions for senior housing and care…
Kris Oppermann Stern
March 30, 2017Jeffco site acquired for 70,561-square-foot senior facility
Jefferson County Property Location: Northeast corner of South Taft Street & West Bowles Avenue, Littleton Property Description: Vacant land Land Size: 8.45 acres Sales Price: $3.49M, or $9.50 psf Reception No.: 2017001784 Grantor: Littleton (CO) LLC, Joel S. Langsfeld, mgr., 404-262-4750, c/o Market Development Corp., Atlanta, GA 30327-3054 Grantee: Sky Pointe Resort Lifestyle Communities, Bob Lewis, 402-420-3149, Lincoln,…
John Winslow
January 16, 2017Utah developer acquires 6.7 acres in Castle Pines for senior housing
Douglas County Property Location: NWC Castle Pines Pkwy. & Monarch Blvd., Castle Pines Property Description: Vacant land, 72 independent-living units, 71 assisted-living units, 31 memory care units, total 174 total units, including 194,218 sf of building area, plus a 10,980-sf parking facility. The building will be stone veneer, stucco and frame construction Land Size: 6.74 acres…
John Winslow
October 20, 2016Memory care center to open next year
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Kris Oppermann Stern
September 19, 2016230 senior apartment units planned in Lakewood
Jefferson County Property Location: W/S Owens St, 355 feet north of West Colfax Avenue, Lakewood Property Description: Vacant land, 230 senior apartment units planned Land Size: 5.68 acres Sales Price: $3.43M, or $13.86 per sf, or $14,920 per buildable unit Reception No.: 2016089972 Closing Date: 9/6 Grantor: Colfax Owens LLC by: Zonapart, Bruce I. Shapiro, mgr.,…
John Winslow
September 15, 2016Confluent, MorningStar team up on Arvada senior living facility
Expected to be completed in fall 2017, the 160,000-square-foot development will include 71 independent living and 41 assisted living suites, along with 29 suites devoted to individualized care for persons with memory impairments.
Kris Oppermann Stern
July 27, 2016Former TGI Fridays in Aurora gets new life as urgent care center
Arapahoe County Property Location: 5620 S. Parker Road, Aurora, “proposed urgent care center” Property Description: 6,911-sf restaurant, YOC 2005, masonry construction Land Size: 53,822 sf Sales Price: $2M, or $289.39 per sf Reception No.: D6069330 Closing Date: 6/24 Grantor: MCD at Pioneer Hills LLC, Michael Duginski, mgr., 720-749-1100 Grantee: Drake Cares #2 LLC, Jon Hauser, mgr.,…
John Winslow
July 8, 2016Proposed senior care center site snagged for $6 per square foot
Adams County Property Location: SEC Washington Center Parkway & Washington Street, Thornton Property Description: Vacant land, two 4-story buildings with 156 units (71 independent living units, 62 assisted living & 25 memory care units, w/167,337 sf Land Size: 8.71 acres Sales Price: $2.28M, or $6 per sf Reception No.: 2016000052496 Closing Date: 6/30 Grantor: Washington Center…
John Winslow
July 7, 2016Winslow Report 7-5-16
The Winslow Report, authored by John V. Winslow, CRE, is a compilation of transactions recently completed in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson counties. The information was gathered from county records and deemed to be reliable. Other sources of research include brochures and information verified by owners or listing/selling brokers. Winslow is president of…
John Winslow
July 5, 2016Schonbrun raises the bar with Balfour
Michael Schonbrun struggled almost two decades ago to come up with a name for his luxury senior housing company, which he believed would raise the bar as far as architecture, design, food, amenities and care. Michael Schonbrun “I spent a lot of time going through dictionaries in English as well as Italian, Latin and Greek…
Kris Oppermann Stern
May 16, 2016