This content is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Completed Joint venture project completed in Florida Rimrock Companies and Atlas Senior Living recently announced the opening […]
Atlas Senior Living
This article is a part of your SHN+ subscription The senior living industry has made great strides to regain margins lost during the pandemic over the last three years, and rate growth has been among operators’ primary tools for doing so. Although many senior living companies are still mulling how much to raise rates in […]
Sales Edgemere Closes Sale Embattled Dallas-based senior living community Edgemere announced that it has sold to Bay 9 Holdings, an affiliate of Lapis Advisers. Lapis Long Hill at Edgemere took over management of the property on June 14. The final sale comes after more than a year of bankruptcy negotiations that includes more than $143 […]
In the early morning one day in mid-March, Atlas Senior Living Principal Scott Goldberg learned that the company’s Birmingham, Alabama headquarters had been burglarized. “I got a phone call at about 6:30 a.m. from our property manager, who said ‘I think every computer and a lot of our adult beverages in the bar area downstairs […]
This March, Atlas Senior Living will open a new community in Venice, Florida, marking the first of four projects the owner/operator has underway as it continues its growth into 2023. The community – called the Goldton at Venice – is part of a joint venture with DMK Development Group. When it’s finished, the community is […]
Supply chain issues are still causing significant pain in the senior living industry, and while many executives believe those challenges will improve in the first half of 2023, others see relief further down the road. In the meantime, operators are taking action to improve their strategies by increasing the number of suppliers they use, adding […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Calson Management Plans Two California Projects Calson Management plans to develop 12.7-acres of senior housing communities in Livermore and Soquel, California. One site is […]
Transactions Kauhale Healthcare Management to Manage CCRC, Grandbridge Arranges Financing On March 23, Kauhale Healthcare Management took over the management of Vista Grande Villa, a continuing care retirement community in Jackson, Michigan. Kauhale is planning to undertake a series of capital improvements expected to happen within the next two years and cost approximately $5 million. […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In progress RLC Breaks Ground on Florida Community Near The Villages Resort Lifestyle Communities (RLC) has started construction on a new independent living community near […]
Transactions Senior Living Residences expands to Connecticut Massachusetts-based Senior Living Residences has taken over management of Ridgefield Station Senior Living, an assisted living and memory care community in Ridgefield, Connecticut. Ridgefield Station, formerly Atria Ridgefield managed by Atria Senior Living, represents SLR’s second community in Connecticut. Sales Grandbridge Real Estate Capital closes dual sales to […]
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