Officials with Veteran Services USA, a Miami-based organization, has announced the $225 million purchase of 10 properties across the United States totaling more than 1.6 million square feet. The company intends to redesign and convert existing buildings into mixed-use destinations offering hotel guests a newly conceived line of Radisson Hotel accommodations with separate studio and one-bedroom residential apartments for military veterans age 55 and over living on a fixed income. SarahCare, a nationally recognized brand founded in 1985 providing senior daytime care and activities, will lease space for new SarahCare facilities at several locations.
“Repurposing vacant properties is an economic driver for sustainability across the nation,” said Charles Everhardt, principal at Lockwood Asset Management, developer and project partner. “Our adaptive reuse model will energize shuttered hotels, hospitals and shopping malls, developing new uses such as living spaces, educational
