Chicago-based real estate investment trust Aviv REIT announced today it has acquired four senior housing properties in Ohio and Indiana for $44.9 million. The first three properties are located on a campus in Ohio, which includes an assisted living facility, a post-acute and long-term care skilled nursing facility (SNF) and a long-term acute care hospital […]
Category: Assisted Living
Construction: Planned Isakson Living Resubmits Rezoning Proposal for $200M Project Isakson Living resubmitted a rezoning request for a senior living community in Cobb County, Georgia, after withdrawing its initial request earlier this year due to mounting opposition to the proposed development, reports The Marietta Daily Journal. Original project plans would have included building the $200 […]
STANLEY Healthcare has increased its technology presence in senior living this week with the new rollout of a Wi-Fi enabled call system that tracks resident information both within and outside of a community’s walls. Light of Hearts Villa in Bedford, OH, announced Wednesday that it has deployed STANLEY Healthcare’s AeroScout Wi-Fi Emergency Call Solution to […]
Capital Senior Living Buys Mass. Assisted Living Community Cassidy Turley, a commercial real estate services provider, arranged the sale of a Massachusetts assisted living community to Capital Senior Living for an undisclosed purchase price. The community, Whitcomb House, located in Milford, Mass., includes three interconnected buildings containing 68 total units within 48,565-square-feet. Two of the […]
As municipalities outside of Minneapolis’ Twin Cities metro area amend local zoning requirements to make way for more senior housing development, senior living providers are faced with the rising challenge of developing in a market that is reaching saturation. In the third quarter of 2013, the Minneapolis metro saw a total of 1,072 new assisted […]
While assisted living construction activity is not slowing down, it is taking place more so in centralized areas, according to the latest analysis from the The National Investment Center for the Seniors Housing & Care Industry. The number of assisted living units under construction continues to grow, with that number showing a 2% uptick in the […]
A recent column on Townhall.com takes a hard stance countering a multi-part series aired in July that purportedly portrayed the assisted living industry’s dark side. “Rarely does an investigative report mange to unite industry executives, academics, and regulators in such a way as the recent Frontline/ProPublic Life and Death in Assisted Living,” writes Bruce Bialosky, […]
Construction: Planned Developers to Break Ground on Rural Louisiana Assisted Living LaCour Health Care Center, LLC, will host a groundbreaking ceremony on December 10 for a new 60-unit assisted living community to be located in New Roads, Louisiana. The community, LaCour House, will be a 59,560-square-foot project that is part of the USDA Rural […]
Senior Housing News would like to wish its readers a Happy Thanksgiving. We will return Monday, December 2, but until then, here are the top five stories grabbing Senior Housing News readers this week: Which Senior Living Communities Earned Top Ratings in 2013? SeniorHomes.com released a list of top-rated senior living communities across the U.S. Sunrise […]
While incorporating commercial space into senior housing projects presents a value-add for the surrounding community, this type of mixed-use development can also be a win-win for providers, investors and active residents with high expectations for amenities. It’s especially true for the oncoming wave of Baby Boomers who will be moving into senior housing in the […]
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