A Pennsylvania continuing care retirement community is repositioning its community with a new design model that’s inspired by a home-like environment for the residents who live there. The “household model,” implemented with the help of architecture firm Perkins Eastman, will create four different households within the 130-bed Presbyterian Senior Living St. Andrew’s Village in an effort […]
Category: CCRCs
Non-profit Presbyterian Home of Maryland is making big plans for a new, 700-unit continuing care retirement community set on a 152-acre site in Harford County, Maryland. The site is also the target of a single-family construction initiative under separate ownership and development plans. The new Presbyterian Home plans to offer varied living choices for senior […]
In case you missed it, here at the top five stories grabbing Senior Housing News readers’ attention this week: AT&T Makes Entry Into Senior Care With New Product Launch—The international communications giant is rolling out a monitoring device supported by its national wireless network that is being marketed to senior care businesses including assisted living […]
After several rocky years post-recession, non-profit continuing care retirement communities have maintained a “stable” rating from Fitch Ratings since being improved from negative to stable in September, according to a 2014 Outlook on nonprofit CCRCs released by the agency. “Consistent financial performance over past two years has been helped by an operating environment that has significantly […]
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A joint venture partnership between LCS and The Westminster Funds has completed financing for Trillium Woods, a planned $161 million continuing care retirement community in Plymouth, Minn. Trillium Woods is the fifth CCRC developed by the joint venture partnership and is one of seven total in the overall portfolio. LCS-Westminster Partnership V LLP began the process […]
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 […]
A Houston-area continuing care retirement community recently broke ground on a massive $70 million expansion project, adding more than one hundred new units to the existing community along with brand new common areas. The Brazos Towers at Bayou Manor is getting a 14-story addition that will add 84 new one- and two-bedroom independent living apartments, […]
A real estate development firm is planning to build a continuing care retirement community (CCRC) that will feature a solar farm and natural hot spring waters on 161 acres in California’s Coachella Valley. Rising India Inc., a real estate developer headquartered in Tustin, California, plans to include 1,500 units of independent, assisted living and memory […]
In case you missed it, here are the top five stories grabbing Senior Housing News readers this week: 1. Marketers Zero in on Adult Child in Senior Living Sales—Marketers said they are largely focused on adult children during the senior living sales process, and they’re seeing success. 2. Web Traffic Varies Widely for Top-10 Senior Living Providers—SHN […]