Scottsdale, AZ – Cadence Living is excited to announce the opening of Cadence Chandler, a 191-unit modern aging community offering independent living, assisted living and memory care residential options in Chandler, Arizona. Cadence Chandler is the fruition of a partnership between Cadence Living, Harbert Management Group and Global Senior Housing to develop this state-of-the-art community at the intersection of Arizona Avenue and Queen Creek Road near the high-end Ocotillo master plan. The community is surrounded by amenities, including a plethora of restaurants and coffee shops and provides the best of a modern suburban infill experience.
The development team partnered with Drive Development Partners for development consulting services, Thoma-holec Design for interior design, Hardison-Downey for general contractor services and Whitneybell Perry for architectural services. The community has multiple dining venues and lounges with indoor and outdoor dining, swimming pool, bocce ball court, full-service spa, movie theater, library and red-carpet concierge services.
“Cadence Chandler is an exciting community that is an integral part of Cadence’s push to create ‘modern aging’ communities for the next generation of active retirees,” stated Cadence Principal Eric Gruber. “The partnership team has executed on that vision, and we believe Cadence Chandler will be a community standard bearer for many years to come.”
About Cadence Living: Cadence Living owns and/or manages communities throughout the “Southern Smile” states from the West Coast along the South to the Mid-Atlantic. What sets Cadence apart is the company’s devoted approach to creating healthy vibrant communities that offer people exceptional Modern Aging options across the care continuum including active senior living, assisted living and memory care lifestyle options. The name “cadence” underlines the company’s core philosophy that each community should aspire, create, and respond to life’s natural rhythms to enliven and enrich the experience of residents. For more information on Cadence Living, visit www.CadenceSL.com.
About Harbert Management Group: Harbert Seniors Housing Fund II, L.P. (“HSHF II”) is an investment vehicle of Harbert Management Corporation (“HMC”), which closed in April 2020 with aggregate commitments of $510 million. HSHF II focuses on acquiring and developing high quality seniors housing properties in the United States through joint ventures with best-in-class operators. HMC is a privately owned alternative asset management firm formed in 1993 to sponsor alternative asset investment funds. HMC serves foundations and endowments, fund of funds, pension funds, financial institutions, insurance companies, family offices, and high net worth individuals across multiple asset classes. Investment strategies include European and U.S. real estate, seniors housing, U.S. growth capital, credit solutions, infrastructure and absolute return funds. For additional information about HMC, visit www.harbert.net.
About Global Senior Housing: Global Senior Housing is a development and investment company founded in 2013 by Ron Walsh and Nick Walsh prompted by strong demographic trends and demand drivers in the senior housing sector and the lack of quality new construction during the last economic downturn to meet the demands of the growing senior population in the US. Ground up development and finance are our main role in each project, and we form strategic joint ventures with exceptional regional operators to manage the marketing, lease-up and operations. Our offices are located in Boise, Idaho and San Diego, California
