SHREWSBURY, NJ—Capitol Seniors Housing is set to begin construction on two more senior living communities in New Jersey – in Shrewsbury and Mt. Laurel – raising the firm's number to four communities under development in New Jersey. Additionally, the firm recently completed Arbor Terrace Morris Plains which opened on June 8.
Washington, DC-based CSH is a private equity-backed real estate acquisition, development and investment management firm founded in 2003.
Construction is set to begin this month on Chelsea Senior Living of Shrewsbury, a $29.3 million, 73,000-square foot community targeted to open in the third quarter of 2018. Located in Monmouth County, Chelsea Senior Living of Shrewsbury will offer 85 apartments, with 58 for assisted living and 27 for memory care, as well as a sunroom, bistro, tavern, outdoor patio, theater, art studio and gallery. The land for the community closed on June 21. Chelsea Senior Living of Shrewsbury will be the first new, state-of-the-art assisted living residence built in the Shrewsbury market since the year 2000. The community will be located at 515 Shrewsbury Rd. and will be within 1.4 miles of the Garden State Parkway.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
