Months following completion of the merger between Brookdale and Emeritus, the nation’s now-largest senior living provider is continuing to grow its brand presence by changing the names of nine Kansas City-area communities, the company announced this week. Brookdale Senior Living (NYSE: BKD) will change the name of its Grand Court Kansas City community, along with eight […]
Category: Communities
Determining where to build a senior housing community: “It’s part science — but it’s part analytics and it’s part art.” These were the sentiments of Beth Mace, chief economist for the National Investment Center for Seniors Housing & Care (NIC), at the annual conference in Chicago earlier this month. When assessing a new market, developers […]
Mainstreet Names 5 New Staff Members to Join Growing Team Carmel, Indiana-based Mainstreet, the nation’s largest developer of post-acute health care properties, has announced five new members will join its team. Michael Klingl has joined Mainstreet as a development director. Klingl most recently worked for GreenbergFarrow in Chicago, where he served as a senior development manager for more […]
A new loan from Freddie Mac provides affordable senior housing developers a cheaper alternative for financing new construction and renovation projects, with one company realizing cost savings of up to 40% through the new product. Launched at the end of last month, Freddie Mac’s Direct Purchase of Tax-Exempt Loans initiative aims to keep rental housing […]
Construction: Planned Houston CCRC Announces $56 Million Expansion The Buckingham, a 501(c)3 non-profit continuing care retirement community in Houston, Texas, recently announced it will undergo a $56 million expansion that will add 187 total residences to its existing campus. Sponsored by Senior Quality Lifestyles Corporation (SQLC), The Buckingham—a Type A CCRC—currently has 204 independent living […]
Construction: Planned Pinkard Construction to Build New Villagio Senior Living Community in Colo. Pinkard Construction, along with Van Tilburg, Banvard & Soderbergh Architects, have been selected as general contractor and architect on the newest Villagio Senior Living community in Broomfield, Colo. The project is a 51-unit “Memory Care Continuum,” the companies stated in a release. […]
Senior Housing News would like to inform readers that we will be observing Labor Day on Monday, September 1, but will return the following day on Tuesday, September 2. In the meantime, SHN wishes its readers a safe and enjoyable Labor Day weekend. Until then, here are the most popular posts grabbing SHN readers’ attention this […]
Construction: Planned Council Approves Assisted Living Plans for National HealthCare Corporation South Carolina’s Bluffton Planning Commission this week signed off on plans by National HealthCare Coropration to add a 56-bedroom assisted living community and a 20-unit memory care section on 4.5 acres along S.C. 170, reports The Beaufort Gazette. Final approval of the $12.8 million […]
Elder Care Alliance Names Vice President of Operations Elder Care Alliance, a nonprofit system of assisted living and memory care communities in the San Francisco Bay Area, announced James McKie as vice president of operations. McKie began his career in real estate as a residential property manager. Prior to joining Elder Care Alliance, he was […]
Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Dished: How Five Star is Overhauling Senior Living Dining—Fifteen chefs, four 50-pound sea bass and a celebrity food personality are just a few features going down at an […]
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