Capital One Appoints SVP, Chief Underwriter for Multifamily Finance Capital One announced the appointment of Cortney Mauldin as senior vice president and chief underwriter for multifamily finance. In this role, Mauldin will be responsible for the oversight and quality control of all underwriting functions related to Federal Housing Administration (FHA) insured transactions, including health care and senior […]
Mainstreet
(Sagewood, a Life Plan community in Phoenix, Ariz. – Photo courtesy of Lavidge public relations) Construction: Planned Certus Senior Living Plans $12 Million Fla. Memory Care Facility Certus Senior Living expects to break ground this summer on a new $12 million, 64-unit memory care community in Orlando, Fla., near Waterford Lakes, reports the Orlando Business Journal. […]
Welltower Foundation Launches to Promote Wellness Welltower Inc. (NYSE: HCN) launched the Welltower Foundation, an organization aimed at promoting wellness, encouraging a high quality of life for aging populations and supporting other groups and innovations that do the same. Erin Ibele has been named president of the foundation. The foundation’s first course of action is […]
This week, Senior Housing News readers discovered where and how providers can most effectively target their marketing to drive move-ins, courtesy of CWI Associates. Readers also learned about a rapid recovery center that feels more like a hotel than an institutional care facility, REITs’ oversupply concerns, and a pilot program that led to Brookdale Senior Living […]
(Symphony of Chesterton, a Next Generation facility developed by Mainstreet and operated by Symphony Post-Acute Network in Chesterton, Ind. — Photo courtesy of Mainstreet) Construction: Planned Viamonte Senior Living CCRC Design Plans Approved in Calif. California-based nonprofit Viamonte Senior Living recently received approval from the Walnut Creek Design Review Committee in Walnut Creek, Calif., for […]
Nestled near the foothills of Rocky Mountain National Park in Colorado is a rehabilitation and therapy center that is making waves as the new standard in the sub-acute marketplace. Through a round of firsts, a familiar developer well known for its hospitality-focused facilities completed PowerBack Rehabilitation, Lafayette—a rapid recovery center that feels more like a hotel […]
Health care REIT Welltower, Inc. (NYSE: HCN) has purchased a majority stake in a portfolio of six seniors housing properties in Florida as part of a $555 million joint venture with Canada Pension Plan Investment Board (CPPIB), a global investment management organization that invests the assets of the Canada Pension Plan. This is the first investment in […]
It’s the week of Valentine’s Day, when love is celebrated no matter how old you are. We kept you up to date on the latest earnings reports coming out as well as Mainstreet’s vision for the long-term care industry. Meanwhile, readers likely weren’t struck by Cupid’s arrow while diving into the latest construction trends. We […]
(The Healthcare Resort of Plano developed by Mainstreet and operated by The Ensign Group in Plano, Texas — Photo courtesy of Mainstreet) Construction: Planned Omega Communities Plans $45 Million Community for Ga. Birmingham, Ala.-based Omega Communities plans to begin construction later this year on a new $45 million continuing care retirement community (CCRC) in Stockbridge, […]
The U.S. long-term care industry as we know it is on its last legs, and innovative new communities are about to redefine extended-stay, residential senior living. So say two high-profile leaders in the sector, who recently teamed up and have ambitious plans. Zeke Turner is the founder and CEO of Mainstreet, a Carmel, Indiana-based development and […]
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