Category: Assisted Living

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 »

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 »

Senior Living Operator Goes Big With New Investment Arm

An Oregon-based senior living operator with 12 years of industry experience announced this week the creation of a new division that will focus on expanding investment opportunities to a larger investor base. Such is the goal for Ridgeline Management Company, a company with offices in Eugene and West Linn that operates 16 senior living communities… Read More »

In the Pipeline: Senior Housing Construction Projects (11/6/14)

Construction: Planned Smith/Packett to Bring $28 Million Project to South Carolina Senior housing developer Smith/Packett is believed to have a $28 million community planned for North Charleston, S.C., local The Summerville Journal Scene reports. The Crossings at Wescott Plantation will be a 182-unit community providing housing options for independent, assisted living and memory care. Project team… Read More »

Quality Systems are Senior Living Silver Bullet

In senior living, a company’s brand is reflective of its reputation, not only in the eyes of consumers and their families, but to state regulators as well. Operators who have gone the extra mile to polish their brands through the use of various quality measurements have seen tangible successes in their operations. Whether it’s maintaining… Read More »

Hawaii, Iowa Top List of Best Retirement States

The size and growth of the senior population, economic factors and crime were some of the key five categories used to rank Hawaii as the No. 1 and Iowa as the No. 2 states to retire in based on the latest findings from MoneyRates.com. Weather and life expectancy at age 65 were also considered for… Read More »

Xbox Meets Fall Prevention Tech at Senior Living HackFest

Video conferencing technology is essential to any telehealth platform, but what happens when you take a popular video game platform and hack it so it serves a different purpose? The product: a new take on fall prevention for seniors. The platform: Xbox. (Yes, that Xbox.) Held October 18-20 at the 2014 LeadingAge Annual Meeting and… Read More »

In the Pipeline: Senior Housing Construction Projects (10/16/14)

Construction: Planned Avanti Senior Living Plans Louisiana Market Expansion  Texas-based assisted living and memory care provider Avanti Senior Living is planning to expand into the Louisiana market, beginning with Baton Rouge and Covington.  The cities will soon be home to Avanti’s next projects, 77,000-square-foot communities that will accommodate 50 assisted living and 40 memory care… Read More »

The 2014 SHN Design Awards are Here—Submit Your Project Today

The 2014 SHN Design Awards are Here—Submit Your Project Today

The Senior Housing News Architecture & Design Awards are back. And this year, they’re bigger than ever. After receiving hundreds of entries last year from senior housing communities nationwide, the annual SHN Awards are back to showcase cutting-edge design, excellence and innovation in senior living for 2014. Sponsored by Kwalu, a provider of furniture for… Read More »

Senior Housing Finance Activity: NorthMarq, Cain Brothers, Ziegler

NorthMarq Capital Refinances $7M for Iowa Senior Housing NorthMarq Capital’s Omaha-based regional office secured a $7.366 million refinance for Woodlands Creek. Jason Kinnison, senior vice president of NorthMarq Capital’s regional office, secured the refinance for the 70 unit senior housing facility, located at 12605 Woodlands Parkway in Clive, Iowa. The transaction was structured with a 35-year term and… Read More »

Fall Prevention Program Yields 54% Reduction in Assisted Living

Not only are falls among the elderly costly, they’re often unpredictable with disastrous consequences for both the afflicted senior and the community that cares for them. However, one Chicago home health care company is bringing a proven program all the way from New Zealand to help assisted living facilities reduce falls by more than 50%.… Read More »