News

6 Senior Living Providers to Watch in 2020

February 3, 2020

Chuck Sudo | Senior Housing News

Solera broke ground last October on Modena Reserve at Kensington, a $75 million, 135-unit community in Kensington, Maryland with independent living, assisted living and memory care, in a partnership with Chicago-based real estate developer, McCaffery Interests. Modena Reserve is McCaffery’s first venture into senior living, and CEO Dan McCaffery told SHN it is only the beginning. The McCaffery-Solera JV is close to securing a second site in the Washington, D.C. market and is scouting other opportunities in what may eventually become a $500 million development pipeline.

NAIOP Pittsburgh Announces Eight Awards for 27th Annual Awards Banquet

January 17, 2020

Brandon Mendoza | NAIOP Pittsburgh Chapter

Developer of the Year: This goes to McCaffery. McCaffery has had an active presence in Pittsburgh for more than 15 years. Beginning prior to the 2006 opening of the adaptive re-use Armstrong Cork Factory, which received the Urban Land Institute's Award for Excellence in 2009, then on to the development Lot 24 in 2012, followed by our development consulting, management and leasing in partnership Oxford Development on The Yards at 3 Crossings in 2016, and most recently Coda on Centre which opened in 2018. In 2019, McCaffery broke ground on their largest project yet in the city, the...

Top 10 Pittsburgh developments to watch in 2020

January 6, 2020

Michael Machosky | NEXT Pittsburgh

Construction is underway throughout Pittsburgh, which will soon look very different in certain areas. To help you track what’s what, we rounded up the biggest developments to watch that are in motion now or scheduled to be this year. The multi-block Produce Terminal is being redeveloped by McCaffery Interests into a $62 million, 163,500-square-foot mixed-use complex that will include office space, restaurants and retail.

The It List: What's Buzzy In Home, Shelter & Real Estate This Season

December 30, 2019

CS Modern Luxury

Discover the finest in Chicago real estate and furnishings. Much-lauded designer Christopher Peacock is rarely asked to do kitchens for a development, but The Orchard, which is planned to deliver in Lincoln Park in 2020, is going all in for handcrafted custom Christopher Peacock cabinetry. INSIDER’S TIP: When you want to get out of your kitchen, head to your private terrace. Each unit has large outdoor spaces complete with ceiling-mounted radiant heaters for year-round enjoyment.

Roosevelt’s Marshall Bennett School Expands Scholarships

November 12, 2019

Paul Bubny | Connect Chicago

The scholarship funds include the new Louis and Ruth Kahnweiler Scholarship Fund established with a $1-million donation. Additionally, scholarships were expanded from three existing programs: The Duke DREAM Fund, McCaffery Interests Inc. Fund, and the Northern Builders Future Leaders in Industrial Real Estate Fund. Also announced at MBIRE’s 18th annual Real Estate Gala was a $500,000 grant from The Bennett Family Foundation in honor of the late Marshall Bennett. “We are grateful for the generosity, support and engagement of these leading companies and their leadership,” said Collete...

McCaffery CEO: Right Design, Operator Behind $500M Senior Housing Pipeline

October 30, 2019

Chuck Sudo | Senior Housing News

McCaffery Interests’ entry into senior housing can be summed up in three words. “Development follows demand,” CEO Dan McCaffery told Senior Housing News. The Chicago-based developer broke ground last week on Modena Reserve at Kensington, a $75 million, 135-unit community with independent living, assisted living and memory care in Kensington, Maryland with operating partner, Denver-based Solera Senior Living.

Work begins again on 1600 Smallman after fire

October 15, 2019

Luke Torrance | Pittsburgh Business Times

In Monday's announcement, the company confirmed that the project was still on schedule to meet that goal and said that construction had started up only a few days after the fire. In his comments last month, McCaffery said he was optimistic the building would be okay because it was strong brick and steel structure. He also praised the fire department for responding to the scene quickly and minimizing damage. The fire started at 4:30 a.m. and was contained within three hours.

1600 Smallman Fire Aftermath: Intact and On-Track

October 14, 2019

McCaffery

McCaffery is pleased to announce that following the fire incident on September 30th, 1600 Smallman has been inspected and construction at the office/retail development has resumed. The building remains on track to deliver to tenants in Spring 2020.

Personalities of Pittsburgh: McCaffery Interests' Pamela Austin

September 9, 2019

Tim Schooley | Pittsburgh Business Times

Pamela Austin is overseeing two pivotal redevelopments for the Strip District valued at $100 million, the Strip District Terminal and 1600 Smallman. How her life and career brought her to this point follows a somewhat unlikely trajectory that starts in rural southern Illinois where she was the first person in her family to go to college, to Chicago, where she met her current boss, Dan McCaffery.

McCaffery, Hines and Ivanhoé Cambridge Release New Images of T3 RiNo

September 4, 2019

McCaffery, Hines and Ivanhoé Cambridge released new renderings of T3 RiNo, at 3500 Blake Street, located in Denver’s burgeoning River North Neighborhood. The property is being developed into a six-story, 250,000-square-foot T3 (Timber, Transit and Technology) office building, which will be one of the most environmentally friendly and sustainable developments in Denver.

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