Skilled Nursing News May 26, 2023
Gardner Group, Solamere Capital and Wasatch Group received $160 million in Commercial Property Assessed Clean Energy financing for Summit Vista, a life plan retirement community in Taylorsville, Utah.
According to the group, the ownership will use the proceeds for ongoing construction at the property, prioritizing energy-efficient features such as energy efficiency, renewable energy and water efficiency.
Summit Vista comprises nearly 1,600 independent living, assisted living, skilled nursing and memory care units. As Utah’s first life plan retirement community, it incorporates one- and two-bedroom floorplans ranging between 822 and 1,588 square feet. Common-area amenities include a swimming pool, a hot tub, a fitness center, an art studio, a library, a salon, a convenience store and outdoor garden areas.
The senior housing...