Developer with Multifamily Know-How Launches Senior Living Company

Another multifamily developer is taking the dive into the senior housing business and is developing a small but focused pipeline of independent living, assisted living and memory care communities with an established operator. Ian Guttman, vice president of Hills Properties and newly-founded Guttman Properties in Cincinnati, has seen first-hand the demand for senior housing as […]

In the Pipeline: Senior Housing Construction Projects (8/18/16)

(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 […]

In the Pipeline: Senior Housing Construction Projects (7/28/16)

(Rendering of Cherrywood Pointe of Minnetonka, located in Minnetonka, Minn. — Photo courtesy of Cherrywood Pointe Senior Living) Construction: Planned Community Will Expand CCRC in Carlisle, Pa. A Presbyterian Senior Living CCRC will begin construction of 12 residential homes for independent living. Green Ridge Village already serves more than 300 older adults in  personal care, […]

Q&A: What It Takes to be a Senior Living Entrepreneur

As an entrepreneur who stepped out of leadership positions with established senior living companies to create his own brand, Ken Jaeger knows what it means to have a vision. His company, MorningStar Senior Living, was founded in 2003 to serve seniors within assisted living, independent living and memory care. The Denver, Colorado-based owner/operator has grown […]

In the Pipeline: Senior Housing Construction Projects (7/14/16)

Construction: Planned $75 Million CCRC Planned for Long Island, N.Y. Plans have been proposed for a new Life Plan Community, Fountaingate Gardens, in Commack, Long Island. The community will include spacious one-and two- bedroom residences in two buildings called The Parkview and The Terraces. Some will include dens and balconies as well as landscaped grounds and […]

Senior Housing Investments & Transactions: Five Star Transfers to Nasdaq

ABHOW, be.group Complete Merger American Baptist Homes of the West (ABHOW) and be.group have completed their merger and will now be part of holding company Cornerstone Affiliates. The previously announced deal was approved by regulators early last month. The merged companies form California’s largest nonprofit senior living provider and the nation’s sixth-largest such organization. The […]

What Senior Living Gets Wrong about Sustainable Design

Sustainability is a hot topic in senior living right now, with providers and real estate investment trusts (REITs) alike going green to “save green.” But senior living designers and providers often wrongly overlook how sustainable design can benefit senior living residents, according to a new white paper from architecture firm Perkins Eastman. Often, when senior […]

New Senior Living Quality Standards Focus on 12 Areas

In an industry well-known for fragmented markets with patchwork regulations and standards, one senior housing association is finally seeing its standardization goals come to fruition. National senior living provider association Argentum—formerly known as the Assisted Living Federation of America (ALFA)—has launched its first phase of industry standards. “The creation of these standards [has] encouraged a […]

New Program to Bridge Senior Living, Health Systems

With the ever-increasing desire to partner with health systems and hospitals, more senior living providers are making an effort to engage through a variety of emerging programs.  Minnesota-based senior living provider The Goodman Group has recently launched its Platinum Passport Services program at its community in Eagan, Minnesota, to bridge the gap between senior housing and […]

Senior Living Replaces Cookie-Cutter Marketing with Personal Touch

With 10,000 baby boomers turning 65 every day and a huge wave set to come through the doors in the coming years, senior living providers are already preparing for the surge of new retirees by enlisting their existing residents for sales and marketing strategies. For some, the resident participation has helped with more authentic messaging, which has led […]