Schenck Price is proud to announce its role in completing the property acquisition and financing for a new senior living community, Live Well at Vineland, to be located in Vineland, New Jersey. Partners John Ursin and Jennifer Golub coordinated the efforts to create the entity structure and qualify the organization as a not-for-profit. The project included developing a partnership with Distinctive Living as the facility manager, as well as all of the construction documentation.

SPSK worked closely with the leading investment bank B.C. Ziegler & Company to secure $45,600,000 in tax-exempt bond financing from the Public Finance Authority in Wisconsin. SPSK attorney Joseph Oliver handled a very difficult and protracted property acquisition process for the project.

This project is unique in that it uses modular construction to build cottage-style units in pocket neighborhoods intended to encourage social interaction.  The community will address the underserved middle-income market by offering rental units with amenities in a central clubhouse, flexible levels of in-home healthcare and additional services, including transportation, social activities, and wellness.

The community is expected to open for business in the fall of 2026.

Good luck to Live Well at Vineland.