David Searles is primarily focused on implementing the Beverly J. Searles Foundation, Inc. Strategic Business Plan for 2015-2016.
Upcoming BJS Foundation new Independent Living communities in 2015-2016 include the following:
Woodstock Healthy Living - 125 units market rate senior living with possible expansion to adjacent retail lots. We and our partner closed the land purchase in March 2015. Woodstock Healthy Living will use an expanded design of our recent Gainesville completion. In December, 2014, we closed the purchase of 13.7+ acres in historic downtown Fayetteville, GA. Depicted below are the front and rear elevations for the first phase of “Lafayette Place”. Lafayette Place Phase 1 will consist of 125 units of market rate senior living. Also currently in financing is second phase consisting of 90 units of licensed Assisted Living and Memory Care, financed in part with EB-5. Silver Comet Village –155 units of market rate senior living comprised of 90 units of licensed Assisted Living and Memory Care plus 65 units of independent living to be financed in part with EB-5. In May 2015, we closed the purchase of 36.7+ acres in Newnan, GA. Phase 1 will consist of 120 units of senior living financed with DCA Housing Tax Credits. Also currently in financing is second phase consisting of 90 units of licensed Assisted Living and Memory Care to be financed in part with EB-5.