Integral Senior Living (ISL), a premier senior living management company, has assumed management of a new assisted living and memory care community that will break ground on construction in early August.
“This milestone event marks the exciting start of construction on a new assisted living and memory care community in Sparks, Nevada,” said Justin Hobson, partner at Investcor Development. “Our dedicated team has designed a community that will provide residents with comfortable, stylish accommodations and spacious, inviting amenities both indoors and out.”
The community is being developed by Investcor Development, a privately owned real estate development company, in partnership with Bow River Capital and SMC Construction. The community, set to open in early 2022 within the Kiley Ranch Master Planned Community, will total 74,000 square feet and feature 90 units with 66 one- and two-bedroom assisted living and 24 memory care.
“Bow River Capital’s continued focus on senior housing is supported by our experience and past success in the area,” said Nicholas Koncilja, managing director at Bow River Capital. “We are excited to be partnering with ISL and Investcor Development on the new Kiley Ranch project.”
The community will be managed by ISL and have all the hallmarks of other ISL communities, including its Elevate® dining, Vibrant Life® and Generations Memory Care programs, in addition to its commitment to personalized, compassionate care.
“Breaking ground on this beautiful, new community is the result of hard work and determination by the ISL and Investcor Development teams,” said Collette Gray, ISL president and CEO. “We are proud of what we’ve accomplished so far and are excited to see this project come to life. We look forward to cultivating great relationships throughout the area while we work toward the opening date.”
Residents will enjoy several amenities designed to promote an engaging lifestyle, including restaurant-style dining, multiple courtyards, a fitness center, a putting green, a game room, a salon and media room, and so much more. The community also offers a variety of daily activities, scheduled local transportation, weekly housekeeping and a fully staffed kitchen providing three nutritious meals a day.
About Investcor Development
Founded in 2008, Investcor Development is a privately owned real estate development company located in Austin, Texas, that is dedicated to developing industry-leading real estate projects in high-growth markets. Investcor has successfully developed 19 projects with its primary focus being senior care, but also including multi-family, mixed-use, neighborhood retail and a lakefront custom home community. For more information on Investcor Development, visit its website.
About Integral Senior Living
Integral Senior Living (ISL), headquartered in Carlsbad, Calif., manages a progressive selection of senior residences to meet the growing needs of today’s aging population. It manages independent, assisted living and memory care properties throughout 18 states. Ranked among the nation’s largest senior living providers, according to Senior Living Executive, ISL is founded on a care philosophy that fosters dignity and respect for residents and promotes their independence and individuality. The dedicated associates at each community are trained to maintain the highest standards of senior care services. For more information about ISL, visit Integral Senior Living’s website, blog and Facebook page.
About Bow River Capital
Founded in 2003, Bow River Capital is a private alternative asset management company based in Denver, Colorado, with Buyout, Real Estate, and Software Growth Equity platforms. The Bow River Capital platforms focus on the lower middle market across a geographic area referred to as Bow River’s Rodeo Region®, which encompasses the Rocky Mountains and surrounding states. Collectively, Bow River Capital has deployed capital into diverse industries, asset classes and across the capital structure.