Living Care Senior Housing Development Sells Texas Assisted Living Community for $7.86 Million Evans Senior Investments (ESI) announced it arranged Living Care Senior Housing Development’s sale of The Lodge at Quail Park, an assisted living community in Frisco, Texas, for $7.86 million. The 64-unit community was built in 2001 and is located about 27 miles outside […]
One of the largest national senior living providers in the U.S. stopped offering discounts and other move-in incentives on Jan. 1. And yet, overall demand for its communities ticked up this year and shows no sign of stopping. That’s according to Larry Cohen, CEO of Dallas-based Capital Senior Living (NYSE: CSU). He outlined the company’s […]
It’s no secret that senior living communities are popping up across the U.S. at a challenging pace. Fresh operators are shaking up markets in cities where new senior housing construction is booming, such as Dallas, Minneapolis, and Atlanta. These days, many operators throughout the country are asking the same question: What should I do if a […]
Senior housing transaction dollar volume rose by a decent amount during the beginning of this year, mostly thanks to large acquisitions made by institutional buyers such as private equity firm Blackstone. That’s according to the preliminary data for the first quarter of this year from the National Investment Center for Seniors Housing & Care (NIC). Total volume […]
Construction: Planned Dominion Senior Living to Open Third Kentucky Community Dominion Senior Living of Florence has plans to open a new faith-based senior living community in Florence, Kentucky, its third in the state. The two-story community is expected to cost about $10.3 million and will offer assisted living and memory care services in 61 apartments. […]
Greystone Closes $12.5 Million Sale of Community in Texas Greystone Real Estate Advisors has closed on the sale of a Class A assisted living and memory care community 20 miles east of downtown Dallas. Cornerstone Senior Living purchased Three Forks of Forney in Forney, Texas, from Healthcap Partners on March 17 for $12.5 million, according to […]
Where are senior housing developers building? Look no further than the Sun Belt, the Midwest, and the East Coast. Dallas, Minneapolis, and Atlanta were busiest for senior housing development over the past year, National Real Estate Investor reported, based on National Investment Center for Seniors Housing and Care (NIC) data. Here are the top seven cities […]
A new food program is on the menu at Erickson Living’s retirement communities throughout the U.S., and it’s making residents very happy. That’s according to Patrick Plumadore, the company’s vice president of dining. Under Plumadore’s leadership, Erickson Living celebrated the full rollout of its new “signature dining” program earlier this month. The new program swaps buffet-style […]
If you’re a senior living provider who wants to get a leg up on your competitors, it might be wise to consult your residents first. That’s according to LCS Development Project Development Manager Ross Nichols and Kimberly Finch Dominy, executive director of Casa de las Campanas, a not-for-profit life plan community in a suburb of San Diego, […]
(Rendering of a planned cottage at Presby’s Inspired Life in Jenkintown, Pennsylvania — photo courtesy of Presby’s Inspired Life) Construction: Planned Groundbreaking Imminent for Dallas Senior Towers Workers are due to break ground soon on a new senior living community in Dallas, Dallas News reported. The new $136 million Ventana community will spread across two residential towers […]
Subscribe
Receive industry updates and breaking news from SHN