CNL Lifestyle Properties’ upper management is getting revamped, as the boards of directors recently appointed a new president and chief operating officer, chief executive officer, and chief financial officer. Steve Mauldin, who has more than 20 years of experience in real estate finance, investment, and asset management, has been named the new president and COO [...]
Home care is more affordable that many realize, as 49% overestimated the cost by more than $6 an hour, a recent Home Instead Senior Care poll shows. Around 73% of surveyed seniors and their families who receive paid home care found it to be at a good value and were satisfied with their care; the [...]
It takes a village to help a senior age in place, finds a New York Times article. At least, that’s the case for Lincoln Park Village, a non-profit organization in Chicago that lends support to local seniors, and 63 other similar organizations across the nation. “In many instances, with just a little bit of help, [...]
It’s a steamy summer out there but this week’s Movers and Shakers are a cool and collective group. Got staffing annoucements you want to share with the world? Send those staffing announcments to us at movers-shakers@seniorhousingnews.com. Looking for top notch talent in the senior living industry? SHN’s job board has got options for you job [...]
Hammes Company, a health-care property developer, is planning a $1.6 billion campus located in Henderson, Nev. that will include senior living and health care facilities. Hammes will be designing the integrated “health village,” called Union Village, along with partner HKS, Inc. It will replace a 64-year-old Rose de Lima campus, currently operated by St. Rose [...]
When real-estate investment trusts (REITs) come to mind, most people think of office buildings or industrial facilities, says a recent REIT.com article, not entertainment-themed assets and senior living facilities. However, one REIT, CNL Lifestyle Properties, is making a wide variety of investments that reflect peoples’ activities outside their vocations, and has even branched out to [...]
Healthcare organizations representing community care givers, nursing homes, and long-term care insurance providers are urging lawmakers to preserve funding for their services to avoid further instability in the industry, reports Healthcare Finance News. A bipartisan Congressional “Super Committee” is charged with trimming $1.5 trillion from the nation’s debt in the next 10 years, and if [...]
KTGY Group, Inc., Architecture and Planning, recently announced its plans to provide architectural design services for a new $29 million, mixed-use affordable senior housing community that will be situated near downtown Portland, Oregon. Construction on the project, which was developed by the Foursquare Foundation, is expected to begin in the spring of 2012 and last [...]
Evans Senior Investments (ESI), headquartered in Chicago, Ill., recently sold The Residence of Chardon, an assisted living facility, to a regional operator for $4.4 million. The Chardon, Ohio-based facility has 42 units, which were 100% occupied at the time of the sale. Rents ranged from $3,600 to $4,200 a month. The buyer utilized funds from [...]
