Nov 30, 2020
Dallas senior housing community undergoes $77M expansion
DALLAS – Presbyterian Village North is undergoing an expansion project that will add 112 new independent living units in a five-story building named The Hawthorne. The 66-acre community currently consists of 89 buildings...
DALLAS – Presbyterian Village North is undergoing an expansion project that will add 112 new independent living units in a five-story building named The Hawthorne.
The 66-acre community currently consists of 89 buildings with 253 independent-living, 101 assisted-living, 44 memory-care units, and 106 skilled nursing beds.
Of the 97 units being marketed, 72 percent are already pre-sold.
The project also includes renovations to common areas.
Ziegler arranged $77.1 million in financing.
Looking for more Dallas-area senior living news? The Real Estate Center’s got you covered.
Source: REBusiness Online
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