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In the Pipeline: Senior Housing Construction Projects (11/26/14)

Construction: Planned Big Rock Partners Closes Land Purchase for $60 Million Fla. Project Los Angeles, Calif.-based real estate investment management and development firm Big Rock Partners has closed on a nine-acre land purchase from The Celebration Company to launch the construction of a $60 million senior living rental development within the Celebration, Fla. community in… Read More »

Most Popular Senior Housing News of the Week: Thanksgiving Edition

Most Popular Senior Housing News of the Week: Thanksgiving Edition

Senior Housing News wishes its readers a safe and happy Thanksgiving. We will return Monday, Dec. 1. But until then, here are the top stories that grabbed readers’ attention this week: Senior Living and Hospital Referrals: Are You on the Magic List? — Hospital discharge planners are often the key influencer of where patients receive post-acute… Read More »

Aging2.0 Connects Senior Living Providers, Tech Startups in New Launch

The market for health care technology abounds with a plethora of startups striving to develop the next big thing that improves quality of care in the most cost-efficient manner possible. As one global startup accelerator takes its network to the next level, such technologies may soon hit the market for senior living organizations in the… Read More »

Massachusetts Officials Propose New Rules for Assisted Living Operators

Massachusetts regulators are proposing new rules around assisted living that would require operators to provide additional employee training and evacuation plans, and would prohibit them from accepting residents who actually need a higher level of care than what assisted living provides.  The changes are aimed at “closing gaps that threatened elders’ safety,” according to a… Read More »

Encompass Home Health Deal Nets $750 Million Sale

Following Kindred Healthcare’s blockbuster $1.8 billion acquisition of home health and hospice provider Gentiva Health Services, other providers are following suit, eyeing home health companies as a way to improve their continuum of care.  The latest to make its move is HealthSouth Corporation (NYSE: HLS), which has agreed to acquire privately held EHHI Holdings, Inc.,… Read More »

Movers & Shakers — People and Positions for November, Part IV

Wellmore Appoints New Healthcare Marketing Director Wellmore, a Tega Cay, S.C.-based healthcare and wellness retirement community, has announced the appointment of Sheryl Brown as healthcare marketing director.   Brown comes to Wellmore with over 12 years of sales and marketing experience in the senior living industry. She most recently held positions in Alzheimer’s and dementia care… Read More »

Here’s What Top Senior Living Execs Expect for 2015

As the senior living industry continues to evolve, providers will be pushed to consider the future of their business. However, some of the industry’s leading companies already have a picture of what to expect in 2015. Senior Housing News gathered insight from some of the senior living industry’s top executives in compiling The Biggest Opportunity… Read More »

Running Seniors Can’t Stop Aging, But They Can Slow it Down

It’s impossible to run away from aging, however, a new study reveals that seniors who regularly run for their exercise can slow their aging process more so than those who prefer walking. That’s because running mitigates the age-related deterioration of “walking economy,” or the metabolic cost to perform an motion, whereas walking for exercise has… Read More »

Utah $68 Million Sale Breaks Senior Housing State Record

The recent sale of a Utah-based seniors housing community set a new benchmark in the state as both the greatest sale for a senior living community and highest per-unit price as well. “Evans Senior Investments showcased the property to a select group of buyers and procured a dozen letters of intent from both private REITs, public REITs,… Read More »

Senior Housing Finance Activity: RED Mortgage, Love Funding

RED Mortgage Provides $4.4M FHA Loan to Ore. AL Facility   RED Mortgage Capital, LLC arranged a $4,405,200 FHA 232/223(f) mortgage loan for The Bridge, a retirement and assisted living community in Grants Pass, Ore. The community has 63 assisted living units.   RED Mortgage Provides $8.5M FHA Loan to Ohio AL/Memory Care Facility  RED Mortgage Capital, LLC arranged… Read More »

How Memory Care Communities Are Tackling the NFL’s Concussion Crisis

After sustaining years of head-on collisions playing America’s billion-dollar pastime, a growing number of former NFL players are being diagnosed with chronic traumatic encephalopathy (CTE) — a result of concussions from head-banging. And memory care providers are taking note, with one former NFL player creating the first sports-themed memory care community that is slated to… Read More »