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— Health Care Properties Quarterly — January 2017

Senior Housing & Care

Construction Starts

Mainstreet Loveland is a new 70-bed skilled nurs-

ing facility that began construction in November.

The architect is OZ Architecture and the general

contractor is Brinkmann Constructors. The proper-

ty is owned by Mainstreet Capital and will be man-

aged by Eduro Healthcare. The property is expected

to open in December.

Rocky Mountain Assisted Living Thornton is a

new 32-bed assisted living and memory care com-

munity that began construction in October. The

general contractor is Creekside Development and

the architect is MA Architects. The property is

owned and managed by Rocky Mountain Assisted

Living. The property is expected to open in the fall.

Openings

The Center at Lowry is a 96-bed subacute/rehab

facility that opened in November. The architect was

Boulder Associates and the general contractor was

Vertix Builders Inc. The facility is managed by Veri-

tas Management Group.

AltaVita is a high-quality senior apartment,

independent living, assisted living and memory

care community in Longmont. A grand opening

was held on Oct. 27 for AltaVita’s new 67-unit

assisted living building. The architect was Keph-

art Architects and Emiko Design. The general

contractor was Shaw Builders LLC. The property

is owned by M2AL LLC and is managed by Alta-

Vita Assisted Living.

Four Corners Development LLC held a grand open-

ing ceremony for Oakshire Trails Nov. 7. The income-

restricted, age-qualified apartment property in

Pueblo was funded with 9 percent low-income tax

credits and includes 62 units. The general contractor

was Hamilton Builders LLC and the architect was

Baron Design and Associates LLC. The property is

managed by the Pueblo Housing Authority.

Traditions at Englewood is an income-restricted,

age-qualified 180-unit apartment property in

Englewood that opened in November. The property

is funded with 4 percent tax credits and 177 units

are restricted at 60 percent annual median income.

The general contractor was Inland Colorado LLC

and the architect was Nystrom + Olson Architec-

ture. The property is owned by Inland Group and

managed by FPI Management.

A grand opening ceremony was held Nov. 17 for

Landmark Assisted Living’s first phase of devel-

opment, consisting of 18 units of memory care.

Future development of two additional phases of 18

units each is planned to begin as early as May. The

general contractor was Pinkard Construction and

the architect was Clear Creek Architects. The prop-

erty is self-managed.

The listings of construction starts, openings, and prop-

erty sales are as reported by Boulder-based The Highland

Group. For questions, contact info@thehighlandgroupinc.

com or 720.565.0966.

Senior housing and care construction starts, openings and sales November 2016