As the snow started to fall here in Chicago, we kept readers toasty with the latest industry news, including insight from some of the largest financial players in the industry on what 2017 will bring, as well as how the incoming Trump administration could slow overbuilding. Here in the newsroom, we called out the elephant in […]
(Rendering of Terramor located in Temescal Valley, California —photo courtesy of Foremost Companies) Construction: Planned Florida CCRC Plans $35 Million Expansion Project A continuing care retirement community (CCRC) in Palm Beach Gardens, Florida, La Posada, will undergo a $35 million expansion and renovation project in the new year. The expansion includes the addition of a […]
The highly anticipated start to 2017 is almost here and with a new Presidential administration stepping in, all industries are bound to be impacted, including senior housing. In the new year, many changes are expected to take hold in the industry, specifically around pricing, transaction volume and financing, according to experts who spoke on a Senior Housing News […]
As baby boomers are moving into senior living, providers need to be able to keep up with the generation’s tech savviness or they risk losing business to the competition. One senior living provider recognizes that and has launched a full-blown technology overhaul. Des Moines, Iowa-based Lifespace Communities has 12 continuing care retirement communities throughout seven states, making […]
Construction: Planned Formation Development Group Plans Two Senior Living Communities Atlanta-based developer and investor, Formation Development Group will begin construction soon on two new senior living projects. The first will be a 180-unit community with a mix of independent living, assisted living and memory care units, located in Cranberry Township, Pennsylvania. The community will be constructed on […]
As the country heads into a new year with a new president, the housing market in 2017 is predicted to vary widely from one state to the next. People looking to move into senior living may find it easier to sell their homes in the “hot markets” next year. If seniors are looking to sell […]
One family with a history of a single genetic mutation traced back to the early 1900s in Colombia may give the rest of the world some answers about the neurodegenerative condition Alzheimer’s disease. Any cure or treatment breakthrough for Alzheimer’s would have major implications for senior living providers, which commonly provide memory care support to those […]
The largest senior housing providers in the nonprofit sector for 2016 have been selected, with the information in a yearly report from industry association LeadingAge and investment bank Ziegler. In this year’s 13th annual LeadingAge Ziegler 150 (LZ 150), more than three-quarters of the providers on the list are faith-based, and nearly half provide affordable […]
In addition to the presidential election that took place on Nov. 8, the public also cast their votes on many new laws and officials that will force change on the state level—including for senior housing. There were 44 states that held legislative elections and 86 of 99 chambers were up for election. Industry association Argentum […]
(Rendering of The Blake at Edgewater located in Indian Land, S.C. — photo courtesy of The Blake) Construction: Planned Thrive Senior Living Announces New Community in Florida In partnership with Fortress Ventures and Compass Real Estate, Thrive Senior Living has announced the development a new senior living community in Naples, Fla., Thrive at Naples. The […]
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