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Page 18 — Health Care Properties Quarterly — July 2017
Construction Starts
Legend Senior Living is an independent liv-
ing, assisted living and memory care property
in Broomfield that began construction in Febru-
ary. The property will include 20 units of inde-
pendent living, 67 units of assisted living and
20 units of memory care. The property will be
owned by Legend Senior Properties LLC.
StoneGate Skilled Nursing is a 50-unit skilled-
nursing facility in Longmont that began con-
struction in March. The general contractor is
SCI Construction and the architect is Stephen
Jordan. The property will be owned by SG Devel-
opment LLC.
Columbine Health System’s campus in Fort
Collins is a community that includes inde-
pendent living, assisted living, skilled nursing
and additional health services. Construction of
Columbine Patio Homes, a 34-unit rental patio
home expansion to its existing campus, began
in March. The general contractor is Beacon
Construction and the architect is r4 Architects.
The patio homes will be owned and managed
by Columbine Health Systems and build-out is
expected to be completed by May.
Oakridge Crossing is a 110-unit income-
restricted, age-qualified apartment property in
Fort Collins that began construction in April.
The developer, McDermott Properties LLC,
received disaster recovery funds, 4 percent low-
income housing tax credits and state housing
tax credits to develop the property. The general
contractor is Brinkman Partners and the archi-
tect is Lewis Himes Architects. The property will
be managed by ComCap Asset Management Inc.
Construction of Eben Ezer Lutheran Care Cen-
ter’s new 54-unit assisted living and 20-unit
memory care building in Brush began in April.
The new building will take the place of the
existing 54-unit assisted living building once
construction is completed in February. The
architect is OZ Architecture and the general
contractor is Fransen Pittman General Contrac-
tors.
Windsong at Northridge is a 52-unit, stand-
alone memory care community that began
construction in April. The architect is Lenity
Architecture and the general contractor is Brink-
man Partners. The property will be co-owned
by Drever Capital Management and Vista Pointe
Development Co. Vista Pointe Development Co.
will manage the property. It is expected to open
in late spring.
Openings
Accel at Golden Ridge is a new 120-unit
skilled-nursing transitional rehab and care
facility in Golden. A ribbon-cutting ceremony
was held March 9. The property is owned by SG
Development LLC.
The Suites at Fitzsimons in Aurora is a 100-bed
sub-acute/rehab facility that opened in March.
The general contractor was Brinkmann Con-
structors and the architect was OZ Architecture.
The owner is Mainstreet Capital and the opera-
tor is Eduro Healthcare.
Village at Belmar is a new community in Lake-
wood that opened in March. Village at Belmar
offers 60 independent living units in quad-
plexes, 72 assisted living units and 24 units
of memory care. Development of the property
was a joint venture between Blue Moon Capital
Partners, providing the institutional equity; GH
Phipps, the general contractor and co-developer;
and Ascent Living Communities, co-developer
and operator of the community. The architect
was Rosemann and Associates.
The Highlands is a new 64-unit, age-qualified,
income-restricted apartment property in Grand
Junction that opened in May. The architect was
OZ Architecture and the general contractor
was Shaw Construction. The property is owned
and managed by the Grand Junction Housing
Authority.
Sales
In March, HCP Inc. sold two of its Brookdale proper-
ties toThe Blackstone Group, a NewYork-based com-
pany. Brookdale Denver and Brookdale Highline, both
located in Denver, were sold toThe Blackstone Group
at a price of $23 million and $4.5 million, respectively.
These listings of construction starts, openings and prop-
erty sales are as reported by Boulder-based The Highland
Group. For questions, contac
com or 720-565-0966.
Senior Housing & Care
March, April, May 2017
AP Partners broke ground on Lakewood Senior Living, a high-quality continuing care community
that will include 109 independent living units, 96 assisted living units, 42 memory care units and 72
skilled-nursing units. The architect is Lantz-Boggio Architects and the general contractor is Shaw Con-
struction. Integral Senior Living will manage the property.