Another retirement community inspired by the musical stylings of Jimmy Buffett is on the way. Margaritaville Holdings, Minto Communities USA and St. Joe (NYSE: JOE) have teamed up to pursue the development of a new Latitude Margaritaville active adult community in Bay County, Florida. The first two such communities are Read More »
Movers & Shakers: Balfour Senior Living Hires First COO
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that Read More »
Canadian Seniors Face Severe Senior Housing Shortage
While some markets in the U.S. are undergoing periods of senior housing oversupply, much of Canada is experiencing the opposite Specifically, Canada is facing a “severe housing shortage” for older adults, according to new research from global credit rating agency DBRS. The report, “Analyzing the Canadian Senior Housing Dilemma,” is Read More »
$170 Million CCRC Planned at University of Central Florida
A large university in Florida hopes to foster ties between seniors and students by affiliating with a continuing care retirement community (CCRC) set to open on its campus. If all goes according to plan, workers will break ground in July, 2019, on Legacy Pointe at UCF, Read More »
To Attract Baby Boomers, Senior Living Providers Must Give Them Purpose
Over the next decade, when baby boomers finally start to age into senior housing en masse, they’ll bring with them a host of new needs and desires—and if senior living providers don’t take heed, they’re at risk of becoming obsolete. That’s because, unlike some of their Read More »
In the Pipeline: Erickson Living Opens CCRC, Blake Community Planned in Florida
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Assisted Living, Memory Care Read More »
Argentum Launches Effort to Boost Senior Living Quality
Senior living industry association Argentum has launched a multi-year initiative aimed at helping providers improve the quality of care they offer in their communities. The new initiative, dubbed “Senior Living IQ,” includes an informational website where senior living workers can glean industry-wide best practices and procedures. The Read More »
Transactions & Financings: Lancaster Pollard, Blueprint, CBRE
Lancaster Pollard Helps Secure Financing for Assisted Living Project Lancaster Pollard recently aided Gardant Management Solutions and Horve Builders in securing financing to build Heritage Woods of Noblesville, a planned 124-unit affordable assisted living community in Noblesville, Indiana. Lancaster Pollard obtained a $19.9 million loan Read More »
Private Buyers Drove $2.6 Billion Deal Volume in First Quarter
Senior housing and care transaction dollar volume totaled $2.6 billion in the first quarter of 2018—and deals from private buyers made up half of that total, according to a new blog post by Bill Kauffman, senior principal at the National Investment Center for Seniors Housing Read More »
Five Star’s Occupancy Challenges Continue Amid High Competition
Five Star Senior Living (Nasdaq: FVE) has raised its private pay senior living rates in an effort to counterbalance lower revenues caused in part by a sinking occupancy rate. “Independent living and assisted living revenues combined were flat, as decreases in occupancy were offset with Read More »
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