Proving that senior living can be innovative even without catering to high-end consumers, one affordable housing in the Denver area is pushing the needle on what affordable housing can be with multiple amenities and contemporary, sustainable design. Cityscape at Belmar is in the walkable urban shopping area, Belmar, in the Lakewood suburb of Denver. The […]
For the second year in a row, merger and acquisition (M&A) activity is expected to be the health care industry’s preferred growth strategy, according to a recent survey of health care company executives and health care industry investors. There is also a strong need for an increase in capital this year, the survey from Capital […]
Construction: Planned Luxury Senior Living Community Planned A new luxury senior living community will break ground this summer in Bozeman, Montana. The Springs at Bozeman will offer a mix of 172 independent living, assisted living and memory care apartments ranging in size from studio to three-bedroom floor plans. The community will be built on five acres […]
University partnerships are attractive for senior housing providers, but they vary in scope and ambition. For providers looking to replicate the offerings of a true institute of higher learning, one continuing care retirement community (CCRC) in Florida is a poster child. You may have heard about the innovative programs such as the beekeeping club and pet clinic […]
(Photo of the main dining room at Watercrest of San Jose, located in Jacksonville, Florida — photo courtesy of StudioSIX5) Construction: Planned Thrive Senior Living Community Planned A memory care community in Marietta, Georgia is planned. The Thrive Memory Care at East Cobb will have a home-like feel with a living area, dining area, sunroom and […]
We made it through the colder-than-mars temperatures here in Chicago, and, as we finished all of our holiday gift wrapping, we were sure to keep our readers up to date on the latest industry happenings. We reported on one investor that paid a shocking sum for the site of a new senior housing project, and […]
This year, industry news was dominated by the largest senior living operator in the nation, Brookdale Senior Living (NYSE: BKD). It’s not surprising that the industry behemoth generates a lot of reader interest, but the Brentwood, Tennessee-based provider created a lot of news this year with its ongoing efforts to find the formula for success […]
The president and COO of Capital Senior Living (NYSE: CSU), one of the largest senior living operators in the country, has died after a battle with cancer. Keith Johannessen, who was also a member of the company’s board of directors, passed away on Dec. 20, according to a press release issued Wednesday. “Keith was a […]
Senior living will continue to play a large role in housing options for older Americans even as the number of baby boomers moving into retirement skyrockets in the next decade. However, major questions remain as to the availability and affordability of senior living in the future, according to a report released Tuesday Dec. 13 by the Harvard Joint Center for […]
(Rendering of Pecan Grove at Highland Springs located in Dallas — photo courtesy of Erickson Living) Construction: Planned Arizona Developer Plans Senior Living Community Summerlin Asset Management plans to team up with Desert Land Group to create Havasu Senior Living in Lake Havasu City, Arizona. The community will include independent living, assisted living, memory care, […]
