Real estate investment management company Berkshire Group, located in Boston, Mass., has partnered with Newport Beach, Calif.-based, Clearwater Senior Living (CSL) to develop and acquire senior housing communities in the western part of the United States. Through this partnership, the company expects to generate over $500 million in gross asset value, with future expansion as […]
(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 […]
(Photo of Waltonwood Cotswold, located in Charlotte, N.C. — Photo courtesy of Waltonwood Cotswold) Construction: Planned Senior Living Community Planned in Ga. Located in Augusta, Ga., The Claiborne at West Lake will break ground in the first quarter of 2017. There will be at least 100 units for both assisted living and memory care. Of […]
There are numerous aspects that contribute to the quality of life for seniors in assisted living communities, and a recent study by global market research firm, ProMatura, revealed that providers in the nation’s most populous state are doing well in many facets. “While assisted living was once thought of primarily as a way for seniors […]
(Rendering of Market Street Memory Care Residence, located in Palm Coast, Fla. — Photo courtesy of Watercrest Senior Living Group) Construction: Planned Development Announced for Memory Care Communities Market Street Memory Care Residences, located in Palm Coast, Fla., will break ground in December. The community, owned and operated by Watercrest Senior Living Group, will be 46,000 square feet […]
(Rendering of The Veranda at Groveway, located in Roswell, Ga. — Photo courtesy of McShane Construction Company) Construction: Planned New $10 Million Senior Living Community Planned A new assisted living and memory care community plans to break ground in October in Bethalto, Ill. Cedarhurst Assisted Living and Memory Care will comprise 62,476 square feet and […]
Granny pods have been popping up all over the country to help seniors age in place near their caregivers or loved ones. These small, accessory dwellings have risen as a possible housing solution for older Americans as multigenerational households become more commonplace. But some municipalities in one state are saying “no” to granny pods, leaving residents […]
As senior living providers address staffing challenges from attracting, training and retaining millennials to combating wage pressures, several job titles in the skilled nursing sector are garnering higher earnings year over year. The hourly rate of registered nurses who work in nursing homes continues to rise, according to the 2016-2017 Nursing Home Salary & Benefits […]
(Rendering of The Harry and Jeanette Weinberg Campus, located in Bridgeport, Conn. — Photo courtesy of Perkins Eastman) Construction: Planned Omega Communities Plans New Senior Living Community A partnership between Greenbrier Development, Omega Communities and Eagle’s Landing First Baptist Church has sparked plans for a new senior living community in south Atlanta, Lake Vista. The community will […]
For college students in programs that relate to senior living, salary expectations are a little high for most entry-level positions in the industry. This finding, from a recent Senior Housing News survey taken between April 2016 and May 2016 of 124 students studying senior living, highlights how important it is for senior housing companies to manage […]
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