Client News

Groundbreaking at Friends House

September 25, 2018

On September 25, 2018, Friends House held a groundbreaking ceremony to celebrate the construction of 47 new residential living apartments and cottage homes, and new amenities including additional dining venues, a fitness center and interior courtyard.
 


Groundbreaking at The Grove at Meadowood

September 24, 2018

Meadowood Senior Living broke ground on The Grove, a $30 million expansion project. The project will add 52 new independent living
residences to the community, and the first phase is expected to open in November 2019.

 


Simpson-CornerstoneSimpson House Celebrates Grand Opening of The Cornerstone

May 24, 2018

It was a celebratory affair at Simpson House this afternoon as our client held a Grand Opening for The Cornerstone expansion project. The independent living addition includes 37 apartments, new dining venues, and a fitness center. This project is the fourth and largest phase to date of a seven phase master plan implementation. The Eventus team developed the master plan with Simpson back in early 2012. 

Watch the CBS Philly news clip on the event here

Eventus Senior Associate Daniel Collins was proud to be a part of the ribbon cutting ceremony and our team enjoyed the nice reception with food and music that followed the groundbreaking ceremony.


RiverMead Master Plan Ground Breaking

on 04 May 2018

The Eventus team was on hand to witness our client RiverMead hold a Master Plan Ground Breaking Ceremony on the Mead Front Lawn in Peterborough, New Hampshire. 


Eventus Retained by Edenwald 

on 22 June 2016

Eventus was retained to provide project development consulting services for the development of a facility Master Plan for Edenwald Retirement Community in Towson, Maryland. 


Lotus Mission Retains Eventus

on 23 June 2016

Eventus Strategic Partners has been retained by Lotus Mission to assist in the formation of the framework for the development of the keystone of its vision: a home for young autistic adults that provides a social network, is wellness oriented, and is both safe and secure. The Lotus Mission was founded in fall 2012 outside of Philadelphia. 


Lutheran Village at Miller's Grant Officially Opens

on April 15, 2016

Built on 50 acres of farmland donated by the Miller family, Lutheran Village at Miller's Grant features 205 apartments, 36 dulex and single family homes, 20 assisted living suites, and 12 skilled nursing rooms. Community space includes formal and casual dining spaces, a fitness center, art and leisure arts space, wood shop, salon and spa, and a library. Still to come: an indoor pool. 

Eventus continues to serve as the development manager on the project. 


Eventus assists with significant refinancing for The Hill at Whitemarsh

on 08 April 2015.

The Hill at Whitemarsh had existing bond issues and related subordinated debt that substantially restricted its ability to access additional capital along with a challenged financial position diminished from major capital improvements after project completion. Eventus provided significant financial analysis and consulting with the bond underwriter in the planning for the refinancing of its debt and recapitalizing its balance sheet. Eventus then prepared financial forecasts demonstrating the feasibility of the refinancing and recapitalization that were incorporated in the bond offering statement. A successful closing was completed in March 2015 that not only refinanced the exiting bond issues, but eliminated the restrictive subordinated debt and reduced annual debt service by more than $1 million.


Duncaster, Dock Meadows, and Foulkeways Retain Eventus for Planning

on .

Duncaster, Dock Meadows (part of Living Branches), and Foulkeways retained Eventus to lead their strategic planning efforts to re-evaluate the direction of previous plans for expansion or replacement of certain facilities.


Christian Healthcare Center Begins Formal Marketing of Major Expansion Project

on .

Eventus has assisted with obtaining revised land use approvals and advanced the development plans for a major independent living addition to the campus of Christian Healthcare Center.  A new marketing office is opened and the Department of Community Affairs has approved the solicitation of priority deposits from prospective residents.  Eventus has also assisted management with securing the remainder of seed capital necessary to finance project development cost up to permanent financing.