General contractor: Clutch Industries, Salem
Architect: Mayes Architecture & Planning Inc.
Owner: Thrivify LLC
Details: A senior housing facility is taking shape at 411 E. Carpenter Lane in Sisters after several years of delay.
The Lodge in Sisters will feature 62 independent- and assisted-living apartments, plus numerous common areas on 7 acres. Thrivify LLC, an entity managed by Peter Hoover of Bend, bought the property on Carpenter Lane in July from Sisters Lodge Holdings LLC for $1 million, Deschutes County assessor’s records show.
Hoover is spearheading completion of The Lodge, a project first proposed by Mark Adolf of Yakima, Washington, that resulted in a Washington state investigation into securities law violations.
“We bought the project. We didn’t buy the history,” Hoover said.
Hoover said he invested in Adolf’s project and that all investors had seen a return on their principal. Adolf and his wife, Anita, agreed to pay a $10,000 fine, according to a 2017 consent order from the Washington Department of Financial Institutions Securities Division.
Adolf is still involved in the project, primarily overseeing construction, because Thrivify also purchased the right to use his design, Hoover said.
The one-story building appears to be two stories because of the height of the lobby and common areas, which include a grand room, private dining room, chapel/theater and fitness room, according to a construction update from Clutch Industries.
There are no other assisted-living facilities of the same size in Sisters, said Patrick Davenport, director of community development for Sisters. Hoover said he expects the 62,000-square-foot building to be finished in late fall. He has not yet chosen an operator.
Adolf raised $2 million from 33 investors in 2011 and planned to finance the rest of the project with $8.7 million in debt, according to the consent order. Adolf never secured a bank loan, and he didn’t tell investors that much of their money would be spent immediately and used to pay fees to himself and others, the order states.
Under the order, Adolf and his wife, Anita Adolf, Sisters Lodge Holdings (formerly known as Lodge at McKenzie Meadow Village LLC) and Pinnacle Alliance Group LLC agreed to stop violating state securities and anti-fraud statutes.
The project that Adolf originally pitched was to be located on a 5-acre site outside Sisters, but the purchase agreement on that property expired in 2013, according to the Washington consent order. The Adolfs found a new site for The Lodge in 2015.
—Kathleen McLaughlin, The Bulletin