It appears that Mainstreet has some emerging competition in the transitional care space, as a pair of new entrants embark on an aggressive pipeline to develop several short-term rehabilitation facilities primarily located in the Southwest. National Healthcare Realty (NHR), a development company formed earlier this year with a focus on health care verticals, will build 20 […]
Embree Healthcare Group
(Bader House in San Antonio, Texas – Built by Uncommon Care with interior design by studioSIX5) Construction: Planned O’Reilly Development Plans Two Senior Living Projects for Mo. Springfield, Mo.-based O’Reilly Development Company is planning two new senior living projects: an $18.4 million development in Nixa, Mo., and a $35.8 million development in St. Charles, Mo., […]
(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 […]
Construction: Planned NHI, Bickford Senior Living Breaking Ground on Five New Projects National Health Investors, Inc. (NYSE: NHI) last week announced that its joint venture with Olathe, Kan.-based operator Bickford Senior Living will develop five senior housing communities in Illinois and Virginia. Each community will consist of 60 private-pay assisted living and memory care units […]
Construction: Planned Caddis to Bring First Heartis Community to San Antonio Dallas-based real estate firm Caddis will soon begin construction on its first community in San Antonio to carry the company’s Heartis brand. Project plans for Heartis San Antonio, which is scheduled to open in the second quarter of 2016, call for a 86,000-square-foot assisted living […]
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