A public subsidy will bring a $71 million mixed-use skilled nursing and assisted living development to the site of a former rail yard in Las Vegas, reports the Las Vegas Review-Journal. This week, the City Council approved a development agreement with CITRA Real Estate Capital to create the project in the Symphony Park area in […]
Category: Assisted Living
Construction: Planned $30 Million Senior Living Community Coming to San Antonio Dallas-based three: living architecture is designing a $30 million senior living community for San Antonio residents living in the Alamo Heights neighborhood. The project, dubbed Franklin Park, will feature 115 independent living units, 62 assisted living units and 40 memory care units within 315,000-square-feet. […]
The University of California-San Francisco has established a new research center tasked with examining hot topics related to the healthcare workforce, including training requirements and future demand for long-term care workers. UC San Francisco was awarded one of three Cooperative Agreements from the U.S. Bureau of Health Professions to establish the UCSF Health Workforce Research […]
Investors’ outlook for senior housing is largely positive as market fundamentals and demographic trends look to drive future M&A activity, according to Salus Valuation Group’s Fall 2013 Senior Housing Investor Survey. An increasing number of investors view senior housing as a preferred asset class and investment strategy, due to the sector’s low volatility and higher […]
In the first survey of its kind for the nationwide senior living company, Emeritus (NYSE: ESC) is rolling out a new customer satisfaction system to be implemented beginning in December. The company has contracted with a third party, Mindshare, that will allow Emeritus to survey its residents and their family and friends both on their […]
A California development partnership is making big plans for senior housing with a current pipeline valued at around $880 million worth of assisted living and memory care units. The company, FCM Capital Partners, based in Roseville, Calif. is breaking ground this week on the first of more than two dozen California area properties that will […]
Construction: Planned Mainstreet Property Group Proposes New Indiana Senior Community Carmel, Indiana-based Mainstreet Property Group is moving forward in its proposal for a new senior living community in Crown Point, Ind., reports NWITimes. Mainstreet wants to develop a community that will house about 70 people on land recently approved for annexation by the city. The […]
NorthStar Healthcare Income, Inc. announced Tuesday that it has completed the acquisition of four senior housing properties for a total purchase price of $29.7 million. The acquired properties include a 70-unit assisted living and memory care community located in Leawood, Kansas and a 48-unit assisted living and memory care facility in Spring Hill, KS for […]
The Ensign Group (Nasdaq: ENSG) announced today it will separate its health care business and real estate business by forming a real estate investment trust spinoff that will leave the former entity as two publicly held companies. Ensign, a national provider of assisted living, skilled nursing, rehab, home health, hospice and other care services, says the […]
While the senior living industry tends to view “assisted living” as senior-facing, communities labeled as such cover a broad gamut of resident demographics and characteristics, reveals a new national study. The study, which is the first of its kind, may have strong implications for policymakers and consumers, says Andrew Carle, executive-in-residence and director of George […]
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