Cascadia Seizes On Good Sam Downsize to Buy 10 Properties, Expand Senior Living Platform

Seizing opportunities ahead of future demographic shifts, Cascadia Healthcare is launching a senior living platform following property acquisitions from the Evangelical Lutheran Good Samaritan Society. Eagle, Idaho-based Cascadia acquired 10 properties from Good Samaritan, which recently announced it is consolidating its operations by going from 22 states to just seven. Three of the newly acquired […]

CCRCs Gain Luster as Standalone SNFs Fade

Skilled nursing isn’t dying, but the standalone skilled nursing facility — or SNF — just might be. And that could be good news for the future of continuing care retirement communities (CCRCs) and similar full-continuum offerings. While skilled nursing is perhaps more needed than ever, the service offering is evolving toward greater integration along the […]

U.S. Providers Scratch Surface of China Senior Care Market

Senior living providers in the U.S. have yet to substantially tap into the Asian market for senior housing development, though many have explored the potential there. And Chinese companies are taking some cues from senior living operators in the States, at least from an exploratory standpoint, as Chinese leaders visited a series of communities last […]

Emeritus-Backed Senior Living Pipeline Opens Second China Project

Columbia Pacific’s China-based affiliate Cascade Healthcare—supported by a well-known U.S. operator—recently opened its second senior living community as part of a $100 million senior care pipeline in the works in China. Cascade, backed by the U.S.’s largest assisted living provider, Emeritus Corp. (NYSE:ESC), partnered with Chinese developer Sino-Ocean Land to develop a pipeline of senior […]

In the Pipeline: Senior Housing Construction Projects (8/21/13)

Construction: Planned St. Louis Developer Announces Plans for $6 Million Assisted Living  St. Louis-based developer ClearPath Senior Holdings, has announced plans to build a $6 million assisted living community in Maryville, Missouri, MaryvilleDailyForum reports.   The 46-unit community contains plans that call for the project to embrace 37,000-square-feet. The single-story building will feature studio, one-bedroom and two-bedroom units, […]

Senior Care Technology Review: Tel-Tron, Telehealth, PERS & More

In this senior care technology roundup, a U.S. technology provider is expanding in to the U.S. market and will provide its senior care solutions for the Emeritus/Columbia Pacific Advisors joint venture in China. Additionally, the nation’s largest 55+ community is getting access to online healthcare thanks to a partnership between American Well and the University […]