(Pecan Grove independent living building at the Highland Springs retirement community in Dallas — Photo courtesy of Erickson Living) Construction: Planned Episcopal Retirement Homes Plans $110 Million Renovations to 27 Communities Cincinnati-based Episcopal Retirement Homes plans to spend $110 million on renovating 27 of its communities nationwide, reports Cincinnati.com. The not-for-profit senior care provider will be investing in its […]
Category: Affordable Housing
Construction: Planned Abby Development Plans $40 Million Texas Senior Living Community Dallas-based developer, owner and operator of luxury senior housing communities, Abby Development, this week announced plans to build a new project in Baytown, Texas. Dubbed Arabella of Baytown, the new community will be an approximately 284,000-square-foot development that will feature 100 independent living units, […]
(The Blake at Oxford in Oxford, Miss. – Photo Courtesy of The Blake at Oxford) Construction: Planned Abby Development Plans Two Senior Living Projects for Texas, Louisiana Dallas-based developer, owner and operator of luxury senior housing communities, Abby Development, this week announced plans to build two new projects in Burleson, Texas and Lafayette, La. Expected to break […]
(Oasis at Scholar’s Landing, an affordable assisted living community in Atlanta – Photo provided courtesy of McShane Construction Company) Construction: Planned Motion Picture & Television Fund to Build $35 Million Kirk Douglas Care Pavilion In celebration of actor Kirk Douglas’ 99th birthday, the Motion Picture & Television Fund (MPTF) announced plans to build a $35 million […]
Construction: Planned Aspire Development Partners Plans Fla. Senior Living Community Atlanta-based senior housing developer Aspire Development Partners recently announced plans to develop a new senior living community in the north Florida island community of Amelia Island. Construction is scheduled to begin in early 2016 on the project located on Amelia Island Parkway near the Fernandina […]
Long-term care is quite costly, with senior housing hitting consumers hard in the pocketbook. The introduction of new insurance models, though, could mean the difference between someone’s ability to pay for assisted living and foregoing care altogether. That’s the premise of a new study conducted by the Urban Institute and Milliman Inc. and funded by […]
Construction: Planned Chamberlain Senior Care Buys Land for $15 Million Senior Housing Campus Cincinnati-based Chamberlain Senior Care, LLC, recently announced that it has acquired a 14.8-acre property in eastern Jefferson County in Louisville, Ky.—a site that will be home to what the company promises to be a “cruise ship on land.” The Jefferson County Board […]
(Symphony of Dyer – photo courtesy of Mainstreet and Symphony Post Acute Network) Construction: Planned Methodist Retirement Communities Plans Texas Senior Living Community Methodist Retirement Communities recently announced plans for the development of a new independent, assisted living and memory care community in College Station, Texas. The not-for-profit organization anticipates a mid- to late-September closing […]
(Rendering of Cascade Manor at night – Photo courtesy of Ankrom Moisan Architects) Construction: Planned Aldersgate CCRC in North Carolina to Undergo $70 Million Transformation Formerly known as The Methodist Home, non-profit continuing care retirement center (CCRC) Aldersgate is undergoing a campus-wide expansion that will transform the more than 70-year-old, 234-acre campus in Charlotte, N.C. […]
Ziegler and LeadingAge have released a sneak preview of their annual research project analyzing the largest not-for-profit senior living providers in the U.S., revealing the top 25 multi-site senior living organizations, and there is a new No. 1: National Senior Campuses. “National Senior Campuses has been pretty aggressive with their growth,” Lisa McCracken, senior vice […]