(CHARLOTTE, NC JULY 8, 2019) Valeo Groupe Americas (Valeo) and Westminster Capital (Westminster) announced today that they are breaking ground on Vineyard Johns Creek located at 10565 Medlock Bridge Road in Johns Creek Georgia. The 112 unit personalized living residence servicing the senior community of Johns Creek will open in the fall of 2020. “The residents of Johns Creek and their families will now have access to the latest in personalized living for senior housing,” said Kevin Suite, the President and Chief Operating Officer of Valeo Senior.
This unique new property not only boasts larger personalized living spaces designed for today’s modern senior, but will contain a spa, wellness area, courtyard, several dining areas as well as integrating industry-leading advanced smart technology throughout the building as a part of Valeo’s focus to evolve the senior living experience.
Further, Vineyard’s newest flagship property sets the stage for an unmatched experience based around Vineyard’s proprietary residence life program, T.H.R.I.V.E., which focuses on living better. “Our company is centered on leaving things better and growing community. You might even say we are obsessed with our customer experience and making it the very best each of us can provide. At Vineyard, we honor our elders who have contributed greatly to our society, and we are committed to celebrating their life, their way,” said Matt Perez, VP of Operations – Culinary.
Meridian Capital Group worked on behalf of the vertically integrated specialty housing company, Valeo and its equity partner, Westminster, to place the floating-rate construction loan with a multi-billion-dollar balance sheet lender. “We are proud to work together with a group like Valeo that is passionate about what they do and how they grow community,” said Peter Martz senior vice president and Israel Schubert, senior managing director of Meridian.
“We are truly honored to become a part of the Johns Creek community and contribute by bringing our special brand of personalized living and care for 112 residents of Vineyard Johns Creek, which will set a new standard for this market,” said Kevin Suite, founding partner, president and COO of Valeo’s senior living arm, Valeo Senior. The Johns Creek announcement adds to Valeo Senior’s two existing projects delivering this fall, with four more in the development pipeline for 2019 and another 6 to commence in 2020.
Valeo Groupe Americas is an affiliate of Valeo Groupe, a vertically integrated global niche housing platform with offices in Charlotte, London, St. Helier, Madrid, Copenhagen and Stockholm. Valeo focuses on delivering unmatched personalized resident experiences in the senior and student markets it serves. At Valeo our purpose is to leave it better than we found it. This is our commitment to build better, live better and do better, and is rooted in everything we do. Today, built on a 15-year track record, our tribe of seasoned difference makers – boasting in excess of 200 collective years in real estate banking, investing, development, construction and management across 8 countries – is changing the landscape of niche housing again…growing community and creating happy tribe members, residents and stakeholders around the world. For more information, please visit www.valeogroupe.com.
Westminster Capital LLC is a deeply experienced real estate investment manager on behalf of private wealth capital. Founded in 1988, the firm is headquartered in Lake Forest, Illinois and for 30 years has managed complex real estate matters for private investors and family offices. The background and experience of the firm’s partners range from development of global real estate strategies for Fortune 100 companies to construction and management of investment portfolios. Westminster Capital’s investment programs include private client work including investment funds and private accounts totaling approximately $886 million of investor capital with clients consisting of high net worth families and their foundations. Westminster Capital utilizes a disciplined, value-investing methodology for small-cap to mid-cap real estate whereby the firm maintains a defensive posture to reduce pressure to sell due to recession, debt levels or interest rates. More information about Westminster Capital may be obtained by visiting www.WestminsterCapitalLLC.com.
Founded in 1991, Meridian Capital Group is America’s most active dealmaker and one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors. In 2017, Meridian closed over 3,000 transactions across more than 200 unique lenders and sold nearly $1 billion in commercial property. Meridian represents many of the world’s leading real estate investors and developers and the company’s expansive platform has specialized practices for a broad array of property types including office, retail, multifamily, hotel, mixed-use, industrial, and healthcare and senior housing properties. Meridian is headquartered in New York City with offices in New Jersey, Maryland, Illinois, Ohio, Florida, and California. For more information, please visit meridiancapital.com.