Lancaster Pollard Opens Chicago Office Lancaster Pollard opened a new office in Chicago, with Brett Murphy serving as the firm’s primary health care banker for Illinois. In Chicago, Murphy will provide seniors housing and health care clients with a range of investment banking, mortgage banking, private equity, balance sheet financing and M&A advisory services. Murphy […]
Commonwealth Assisted Living
Senior Living Investment Brokerage Facilitates Sale of Virginia Assisted Living Facility Glen Ellyn, Illinois-based Senior Living Investment Brokerage Inc. facilitated the sale of Lexington at Tazewell, a 42-unit, 33,480-square-foot assisted living facility in Tazewell, Virginia, for $2.15 million. The seller was the lender who had financed the renovations and then foreclosed on the developer. The buyer […]
(Photo: Élan Westpointe in New Braunfels, Texas by Titan Senior Living) Construction: Planned Lakewood Manor CCRC Plans Expansion in Va. Virginia Baptist Homes recently announced a plan that will bring significant changes to Lakewood Manor, a continuing care retirement community (CCRC) in Richmond, Va. Although plans are currently in the research and development phase, Virginia Baptist […]
KTGY Group Architecture Opens New Chicago Studio, Appoints 2 New Principals KTGY Group, Inc. announced on Aug. 26 the opening of a new office in Chicago, and with it the appointments of veteran designers Craig R. Pryde and David M. Kennedy as principals of the studio. Before joining the KTGY team, Pryde and Kennedy served […]
Terri Cunliffe Named CEO of Covenant Retirement Communities The Board of Directors of Chicago-based Covenant Retirement Communities (CRC), owner and operator of 14 senior living communities nationwide, has named Terri Cunliffe as its CEO, effective June 1, 2015. Cunliffe, who has served as CRC’s chief operating officer since 2010 and has been part of the […]
In case you missed them, here are the top headlines grabbing SHN readers’ attention this week: Taking Assisted Living from Small-Time to Regional Power Player—Since its founding in 2002, one assisted living provider has grown to become one of the major senior housing players in Virginia. By pursuing an aggressive acquisition strategy, this provider has […]
Since its founding in 2002, Commonwealth Assisted Living has grown to become one of the major senior housing players in Virginia. The provider has expanded from three properties to 21 by pursuing an aggressive but carefully considered acquisition strategy, and has been successful in buying properties even as other small and midsize operators have been […]
3 Senior Living Communities Acquired for $15.7 Million Pennsylvania-based Lake Erie College of Osteopathic Medicine (LECOM) has acquired three senior living communities for $15.7 million. As part of its commitment to wellness for this age group, LECOM has purchased Parkside Senior Living Communities with its three independent living and personal care facilities, located in Erie, North […]
As the final quarter of the year gets underway, senior housing operators, developers, financiers and many more are looking for new talents to help grow their operations, and they’re searching across a variety of expertise. Positions for marketers, asset managers, nursing and business development directors are just a few jobs currently offered by companies like […]
Construction: Planned Developers Plan $10 Million Senior Housing Project for Kokomo, Ind. The NRP Group LLC, a Cleveland, Ohio-based developer, this month announced plans to pursue a $10.2 million senior housing project in Kokomo, Ind., reports local Kokomo Tribune. NRP will submit a proposal to the Indiana Housing & Community Development Authority for housing tax […]
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