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Top News of the Week: Kisco’s $160M Pipeline, Rebranding for Boomers

In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Kisco Senior Living Targets Mixed-Use Communities for $160M Pipeline—Recent development by Kisco may be some indication, but the owner-operator-developer has about $160 million worth of development still on the way. Much of the development will target mixed-use, master-planned… Read More »

Florida CCRC Survives Bankruptcy Scare, Restructures Debt

A Florida continuing care retirement community has emerged from Chapter 11 bankruptcy after successfully restructuring about $62 million of debt.  The Jacksonville-area CCRC, sponsored by not-for-profit organization Life Care St. Johns d/b/a Glenmoor, entered a formal restructuring process in early July 2013, with its plan receiving near-unanimous approval by all parties involved. At the time… Read More »

Long Term Care Insurance Image Suffers, But More in Need Than Ever

The long-term care insurance business has experienced ups and downs of late—and it’s still in a state of flux, writes columnist Elizabeth O’Brien in her Retire Well column on MarketWatch.  But, given that the vast majority of Americans don’t have long term care insurance and many have saved on average, less than $25,000 for their… Read More »

Brookdale, Emeritus One Step Closer to Closing Merger Deal

Brookdale Senior Living (NYSE: BKD) and Emeritus Corp. (NYSE: ESC) are one step closer to closing the merger that will make them the largest senior living provider in the nation. The companies announced Thursday that the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, allowing the merger to move forward… Read More »

In the Pipeline: Senior Housing Construction Projects (4/17/14)

Construction: Planned Validus Senior Living to Break Ground on New Florida Assisted Living Project Tampa, Florida provider Validus Senior Living will team with a local developer to create a combined assisted living and memory care community that the company says will feature innovative programming and life-enhancing technology. Validus anticipates breaking ground on the new InspiredLiving… Read More »

Senior Living Banks on Rebranding to Capture Boomers

Senior Living Banks on Rebranding to Capture Boomers

A spate of rebranding initiatives in the senior housing space have seen companies dropping words like “retirement” and “assisted living” from their names, with varying motivators. Some have kept “senior living,” while changing other aspects of their brands. All are joined by the common thread of rebranding—and capturing the boomer consumer—although the exact reasons for… Read More »

Home-Like Senior Living Option Gains Appeal as Community Alternative

If a rising trend in Kansas is any indication, there may soon be many more small, home-like options competing with large, traditional senior living communities.  In Shawnee County, Kansas, local provider Oakley Place has opened two new “home plus” facilities in the past year to serve seniors in home-like settings with 12 residents and a… Read More »

Senior Housing Investments & Acquisitions: Mainstreet, LCS, BMA Management

BMA Management Tapped to Operate 2 New Ill. Communities BMA Management has been picked to operate two senior living communities currently being developed in Illinois. Both will serve low-income seniors through the state’s Supportive Living Facility program. Goldblatts Senior Living Community is being developed in the historic Goldblatts Department Store building in Chicago’s Back of… Read More »

Colorado Senior Housing Expo Coming Soon—Sign up Now

The senior housing industry is evolving and continues to see an increase in new developments coming online nationwide, especially in Colorado, which continues to see a growing interest from developers and other professionals in the senior living space. Building on last year’s success, the second annual 2014 Senior Housing Conference & Expo presented by the… Read More »

LGBT Senior Housing Organizations Merge, Eye More Growth

Two senior-focused California organizations are merging in an effort to more efficiently meet the growing demand for affordable housing and social services for LGBT seniors. Affordable senior housing developer Gay & Lesbian Elder Housing is merging its development program into the operations of the L.A. Gay & Lesbian Center, which provides programs and services for… Read More »

Senior Living Operators Target Green Projects to Boost ROI

Senior living providers know “green” is good. But historically, going green has lacked measurable returns. Now, some providers are seeing their return on investment in just a handful of years, and one nonprofit has enough confidence to include environmentally-friendly features in new projects. For one provider, a track record based on retrofitting among other communities… Read More »