(Symphony of Dyer – photo courtesy of Mainstreet and Symphony Post Acute Network) Construction: Planned Methodist Retirement Communities Plans Texas Senior Living Community Methodist Retirement Communities recently announced plans for the development of a new independent, assisted living and memory care community in College Station, Texas. The not-for-profit organization anticipates a mid- to late-September closing […]
Brandywine Senior Living
(The Residence at Brookside — Photo Courtesy of Congress Building Corp.) Construction: Planned New Silverado Community Granted Approval in Wash. Irvine, Calif.-based operator Silverado this week announced that it has received unanimous approval from the Cordata Design Review Board to build an 80-unit memory care community in Bellingham, Wash. Set to break ground as early […]
Construction: Planned St. Louis Community Plans $14.6 million Renovation and Construction Projects Nazareth Living Center, a 140-bed skilled nursing facility and 150-bed assisted living community in St. Louis, is planning a renovation and the construction of an assisted living facility—a project that will cost $14.6 million, reports St. Louis Business Journal. While Nazareth already provides […]
(The Westerly Residences and Wichita Presbyterian Manor – Photo courtesy of Presbyterian Manors of Mid-America) Construction: Planned LTC Properties Buys Land for New Chicago-Area Memory Care Development LTC Properties, Inc. (NYSE: LTC), a real estate investment trust (REIT) based in Westlake Village, Calif., this week acquired 3.5 acres of land in Tinley Park, Ill., a south suburb […]
In case you missed it, here are the top stories grabbing Senior Housing News readers’ attention this week: CCRC Settles Legal Backlash for Segregated Dining Room—A continuing care retirement community (CCRC) in Virginia agreed to pay a federal settlement and civil penalty to resolve charges that it discriminated against residents by creating segregated dining rooms […]
Senior Living providers have found plenty of success in their respective price and product niches. But some operators are finding that even while they excel in targeting one particular price point, they can capture another price point by developing new products that are branded and marketed independently from their existing model. Most recently, Senior Lifestyle […]
As rates of construction continue to climb and new competitors enter the landscape, senior living development has become a game that providers must approach carefully in order to capture market share and ultimately drive revenue. For some of the industry’s experienced players, this means creating a game plan to differentiate their product and maintain a […]
The Assisted Living Federation of America (ALFA) is forming an independent credentialing organization that will operate and govern certification programs for senior living providers. Established separately from the organization, the new credentialing push is the latest in a series of initiatives the senior living trade association has been developing over the past year, which has seen […]
Construction: Planned Georgia Developers Partner on New Senior Living Project Canopy Lifestyles and Campus Realty Advisors have joined to announced their newest senior living community to be developed in Braselton, Ga., the companies announced this week. The residence will offer independent, assisted living and memory care services at a location that is adjacent to the […]
Construction: Planned Omega Communities Buys Fla. Site for New $25 Million Community Birmingham, Ala.-based developer Omega Communities this month acquired a nine-acre site in Fort Myers, Fla., which will be the location of the company’s third project in southwest Florida this year. Unlike Omega’s other projects, the Fort Myers development will be the company’s first […]
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