BRIDGEWATER, NJ – Sunrise Senior Living welcomed residents to their newest helped living community, Sunrise of Bridgewater, joining 23 existing communities throughout New Jersey. The community provides support for activities of daily living as well as evidence-based memory care programming for seniors with Alzheimer’s and other forms of dementia, with a focus on promoting overall wellness.

“Sunrise of Bridgewater brings a new option to local families, as demand for high-quality senior care quickly grows in Somerset County, especially for individuals who have memory loss,” said Jenifer Salamino, senior vice president of Operations for Sunrise. “Our dedicated and skilled teams provide a personalized experience, from meals to activities programming, to health and wellness. We learn as much about residents’ preferences, life tales, and unique needs, to help them live each day with meaning and dignity.”

New Jersey’s Division of Aging Services projects the number of residents 60 years ancient and over to reach nearly 2.3 million by 2025 – a 57.9 percent increase since 2000.

The three-tale, approximately 69,000-square-foot community located at 390 US Route 22 provides care for up to 96 residents. Nearby health facilities Robert Wood Johnson University Hospital and Somerset Medical Center offer simple access for residents who may need temporary acute care, specialized clinical services, or check-ups.

Residents receive tailored care according to their Individualized Service Plot (ISP) and through data captured in Sunrise CareConnect, a centralized electronic health record system. This holistic look at a resident’s care experience helps allow the Sunrise team to give regular updates to a family or healthcare provider, and adjust care as necessary. The new community also offers a Reminiscence Neighborhood to serve individuals with Alzheimer’s or other forms of dementia. Every 65 seconds, someone in the United States develops Alzheimer’s disease, according to the Alzheimer’s Association.

“We are committed to make Sunrise of Bridgewater a welcoming place and resource for families and new township neighbors. Our team members are what help make Sunrise an award-winning recipient for high customer satisfaction,” said Chris Winkle, chief executive officer for Sunrise.

Sunrise’s dining program serves tasty, home-cooked meals that complement the special nutritional needs of seniors. In particular, the Fortified Foods program aims to help residents maintain a healthy weight through enjoying nourishing meals, without use of dietary supplements. Sunrise of Bridgewater also features Tableside Dining technology. Team members capture orders on a tablet at the time of service, and then view showed preferences, doctor-prescribed restrictions, and allergies to help guide residents in their food selections. At the press of a button, tablet orders signal the kitchen’s chef to prepare each meal and help ensure dishes are safely prepared based on the individual.

The community allows for flexible and adaptable spaces to support Sunrise Live With Purpose® – evidence-based programming that offers residents opportunities to express, learn, engage, and grow each day. Community teams develop a wide-range of meaningful activities to enrich the lives of each resident. One example includes the use of award-winning therapeutic music technology.

Inside the community, design elements support seniors’ mobility needs and promote continued independence. “Wayfinding” wallpaper helps residents better distinguish different corridors and find their suites. Colors were carefully selected based on knowledge of the aging eye and low vision issues that often affect seniors.

Additional features include a wellness center with therapy rooms and a private exam room, movie room; beauty parlor; and Wi-Fi throughout the community for residents and families to stay connected. The interior of the building also showcases artwork from local artists.

Exterior design complements the surrounding area’s architectural style. Perfectly-landscaped outdoor spaces feature a walking path with benches, outdoor pavilion for activities, and multiple patios with lounge and dining seating.

The community will make approximately 100 new local jobs as community caregivers are hired to join the growing team. Sunrise continues to expand its presence in New Jersey, with plans to open Sunrise of Shrewsbury this fall and Sunrise of Summit by mid-2020.

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INDEPENDENCE, MO – San Francisco-based real estate investment firm Hamilton Zanze (HZ) has bought the 420-unit Cornerstone Apartments in Independence, MO in the Kansas City metropolitan area.

The 14-building community was built in 2004 and is located in close proximity to Interstate 70 and Independence Center Mall, providing immediate access to dining, shopping, entertainment, and five nearby universities. Cornerstone offers a mix of one- and two-bedroom units well-suited for both individual and family occupancy.

“Cornerstone Apartments represented an opportunity to buy a well-located asset at an attractive discount to its replacement cost,” said David Nelson, Hamilton Zanze’s managing director of acquisitions. “Kansas City has been a target market for Hamilton Zanze in the past two years, and we will continue to look for further opportunities throughout the Kansas City metro in the months to come.” 

The property features a 24-hour fitness center, a heated indoor and outdoor year-round pool, and a large whirlpool spa. HZ plans to focus on enhancing the community’s business center and clubhouse, in addition to adding a dog park and package storage system. 

The apartment units feature expansive floor plans, master baths with separate showers and bathtubs, and cherry cabinetry. All units feature private patio areas or balconies. HZ plans to add faux-wood flooring in living spaces, new stainless steel or black appliances, and new lighting fixtures. 

Property management responsibilities will be transferred to Mission Rock Residential, a Denver-based affiliate company of HZ.

Cornerstone Apartments is located just 20 minutes from downtown Kansas City. Since 2000, over $6 billion of public and private projects have been completed in the metro area, with population growth of roughly 120,000 from 2010 to 2017. The region ranked in the top-15 North American cities for growth in the technology sector from 2011 to 2016, with a 41.8% increase in tech employment that outpaced major tech hubs including Los Angeles, Toronto, Boston, Atlanta, and Dallas. Strong economic and population growth are likely to continue, supporting the metro as a prime market for multifamily investment.

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MIAMI, FL – ZOM Living and The Moinian Group are preparing to break ground on Luma at Miami Worldcenter, a 43-tale apartment tower in the heart of Downtown Miami. Luma will be a focal point of Miami Worldcenter, the 27-acre, $4 billion mixed-use development now under construction and delivering in phases. Upon completion, Miami Worldcenter will stand as one of South Florida’s most desirable residential communities and a world-class destination for shopping and dining, culture and entertainment, and international business.

Luma will consist of 434 luxury rental units with a variety of floor plans ranging from 566 to 1,808 square feet. The residential floors have a maximum of 12 units per floor, allowing an intimate feeling in a tall slender tower that maximizes views of Biscayne Bay and the Atlantic Ocean. Located only one block from Biscayne Boulevard, the project is adjacent to the Freedom Tower Metromover stop and two blocks east of Brightline/Virgin Train’s Downtown Miami station, providing residents convenient access to MetroRail, TriRail and Brightline Florida.

Luma’s amenities will consist of over 45,000 square feet of space providing an unparalleled level of luxury in the market including a membership-grade wellness center with treatment rooms and sauna, sundry shop, speak simple, dog salon, fitness club with classroom, resort-style pool and comfortable ride share lobby. These common areas will provide a 5-star hotel-caliber experience that fosters interaction among residents and provides an urban oasis without having to leave the community. Construction will start in April. 

“Today’s urban renter demands a luxurious building with market-leading amenities and high pedestrian value, and Luma will provide all that and more,” said Greg West, Chief Executive Officer of ZOM Living. “Luma’s close proximity to parks, cultural venues, transportation and retail are unmatched in the market, and our setting within Miami Worldcenter will offer residents next-level convenience and connectivity.”

“After successfully developing the country’s largest single tower residential development Sky, which includes over 70,000 square feet of cutting-edge amenities, we are excited to expand our presence in such a cosmopolitan city like Miami, and more specifically Miami Worldcenter,” said Joseph Moinian, Founder and CEO of The Moinian Group.

Miami Worldcenter occupies 10 city blocks surrounded by some of the most exciting demand drivers in Miami, including Museum Park, home to Perez Art Museum Miami and the new Frost Museum of Science; Port Miami; American Airlines Arena; the Adrienne Arsht Performing Arts Center; Brightline/Virgin Trains’ Miami Central station; and Miami-Dade College’s Downtown campus. The development will feature 300,000 square feet of high street retail, destination dining and entertainment, more than 2,000 hotel rooms, and up to 500,000 square feet of Class A office space.

“The success of Miami Worldcenter has always been grounded in collaboration with best-in-class partners, such as ZOM Living and Moinian,” said Miami Worldcenter Managing Partner, Nitin Motwani. “Luma will kick-off the next phase of development for our city-within-a-city, delivering premium apartments that meet growing demand for urban living in Downtown Miami.”

Cushman & Wakefield’s Florida team, led by Robert Given and Robert Kaplan, secured equity and debt financing on behalf of ZOM Living and The Moinian Group.

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