Editor’s Picks: 4th of July Edition

Dazzling fireworks displays will light up the skies this 4th of July weekend, but you might have caught a glimpse of a different sight recently if you looked skyward in the Cleveland area: Residents of the Parker Place Senior Center riding in a 1946 Steerman biplane. Check out the video below for some inspiration.

SHN will be closed Friday in observance of the holiday. To get your news fix over the long weekend, see what the CEO of Titan Senior Living has to say about attracting institutional equity, and take a look at the SHN stories that have been grabbing readers’ attention.

SHN Most Read

Advertisement

Inside Mainstream’s Newest Next Generation PartnershipSymphony Post-Acute Network is one of Mainstream’s newest partners as the developer embarks on a $5 billion, five-year pipeline. SHN was on the scene as the two companies prepared to open their “game-changing” facility in Crown Point, Indiana.

Former Merrill Gardens Execs Launch New Senior Housing Startup—2Ten Consulting is the new venture from Tana Gall and Jason Childers, senior housing veterans with a combined 35 years of experience. They already are working with a major senior housing investor on building up its West Coast portfolio.

Sunrise Gets Back Into Development: How Big Will It Go?—After years of inactivity, Sunrise appears to be taking a highly targeted, “rifle-shot” approach to new development. It recently opened a new community in the Bay Area and is pursuing a pipeline of three to five properties a year, analysts told SHN.

Weekend Read

Could cities like Albuquerque, N.M., the next senior living development hotspots? Construction in Albuquerque is keeping pace with demand, but the market is much hotter in neighboring states, Titan Senior Living President David Dronet recently told Albuquerque Business First. The company recently undertook its first project in the New Mexico city, even though its parent—Titan Development—is based there.

Institutional investors just don’t have this particular metro area on their “map,” Dronet says, putting the pressure on Titan to educate and familiarize partners with the area. Its climate and cost of living should be highly attractive to seniors, he believes.

For Your Viewing Pleasure

The high-flying Ohio seniors were participants in an Ageless Aviation Dreams event. You might have heard of this nonprofit organization, which is behind similar events around the country. Usually, they involve veterans of World War II and other conflicts, so it seems fitting to shine a light on the recent event in Richmond Heights, Ohio, on this Independence Day weekend:

Companies featured in this article:

, , , , ,