CA Ventures, Senior Lifestyle Break Ground on 125-Unit Community in Florida

HOBE SOUND, Fla. — Senior Lifestyle Corp. and CA Senior Living have broken ground on The Sheridan at Hobe Sound, a 125-unit assisted living and memory care community in Hobe Sound, approximately 100 miles north of Miami.

Senior Lifestyle is one of the largest owners and operators of seniors housing communities in the country. CA Senior Living is the seniors housing division of real estate investor and developer CA Ventures. Both companies are based in Chicago.

The Sheridan at Hobe Sound is scheduled to open in early 2019 and will feature 85 assisted living apartments and 40 memory care residences. The 110,000-square-foot community will sit on 7.53 acres of land.

This is the fifth joint venture between Senior Lifestyle and CA Senior Living in the last three years.

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