Sunrise Senior Living, Holiday Retirement and Capital Senior Living (NYSE: CSU) have the most satisfied residents among the country’s largest senior living providers, according to a new report from market research firm J.D. Power. The “J.D. Power 2018 Senior Living Satisfaction Study” was conducted between October and December of 2017 and based on responses from 2,539 residents or loved ones […]
Senior Lifestyle Corporation
Construction: Planned New Jersey Community Plotting $38 Million Expansion and Renovation Harrogate, a Life Care Services community in Lakewood, New Jersey, has announced plans to start a $38 million expansion and renovation project. The project, expected to break ground in late 2018 or early 2019, will include 31 new independent living apartments and 48 new […]
Construction: Planned Upscale Senior Living Community to Open Near Emory A new upscale senior living community is planned to open near Atlanta’s Emory University in 2019. The Holbrook Decatur will cost $74 million and have 71 apartments for people in the “active 50-plus” demographic, according to Decaturish.com, a local news site. Amenities will reportedly include […]
Construction: Announced Dominion to Renovate Former Rehab Center in Kentucky Dominion Senior Living is poised to start work on a 42,000-square-foot, $5 million faith-based assisted living and memory care community in Louisville, Kentucky. Dominion recently purchased the former Glenview Healthcare and Rehabilitation Center with plans to renovate the inside of the one-story building to include 41 […]
(Patrick Square front rendering courtesy of Dominion Senior Living) Construction: Planned Watercrest, United Properties Teaming Up on Florida Community Operator Watercrest Senior Living Group and developer United Properties are teaming up to open a 128-unit luxury senior living community in Naples, Florida, the companies announced jointly. United Properties purchased the property in 2016. The two […]
Construction: Planned Dominion Planning Second South Carolina Community Knoxville, Tennessee-based Dominion Senior Living recently announced its plans for a $10 million faith-based community in Clemson, South Carolina, its second in the state. Dominion Senior Living at Patrick Square will come with 49 assisted living apartments and 17 apartments designed for memory care, a press release reads. […]
Construction: Planned Senior Housing Developers Set Sights on Phoenix Phoenix, Arizona, is hot, and so is its senior housing market. Colliers International has purchased a plot of land near Phoenix to build a new senior housing community. The land, located in Chandler, Arizona, will soon house a $40 million community called Park at Copper Creek […]
(Rendering of The Sheridan at Laumeier Park, located in Sunset Hills, Mo.— Photo courtesy of Senior Lifestyle Corporation) Construction: Planned National Healthcare Development Plans Skilled Nursing Facility Located in Avondale, Arizona, a new transitional rehabilitation and skilled nursing facility will be built as part of a larger health care campus by National Healthcare Development. The […]
This week, our readers got the first taste of our newest initiative: The Leadership Series, featuring in-depth interviews with top CEOs and other leaders in the industry. The wide-ranging discussions include their personal leadership philosophies, their ideas about how to cultivate future leaders, and where they see senior housing headed. Readers also were plugged into the […]
Institutional Property Advisors Announces Senior Housing Transactions Totaling Over $6 million Institutional Property Advisors has announced its facilitation of the transactions of two senior housing facilities in Iowa and Illinois for more than $6 million total. Misty Meadows Senior Living Center in Metropolis, Illinois was sold by a limited liability company to Damen Healthcare for $4.38 […]