Omega Healthcare Investors, Inc. (NYSE: OHI) expressed faith in one of its senior living partners during its latest earnings call—but also expressed some apparent reservations with respect to that company’s growth plans. Omega has conveyed interest in backing Maplewood Senior Living’s large growth plans over Read More »
Category: Development
LCS Aims to Create ‘Destination Senior Living’ with Disney Magic
Life Care Services, one of the nation’s largest senior living operators, aims to capture some of Walt Disney World’s magic when it opens an $82 million, 239-unit community in nearby Celebration, Florida. Windsor at Celebration will bring with it independent living, assisted living and memory care residences, in Read More »
Why Canada’s Tallest Senior Housing Community Impresses China
Sélection Panorama, a 30-story senior housing project currently under construction near Montreal, Quebec, is noteworthy for being the tallest senior housing tower in Canada—but that’s not all. It’s impact will extend far beyond Canada, according to Gaëtan Cormier, the senior vice president of development at Quebec-based senior housing company Read More »
Assisted Living Provider Bets Big on Small Homes
At a time when some providers are rushing to open sprawling and luxurious senior living communities, one Texas-based owner-operator is thinking small. Dallas-based Mustang Creek Estates specializes in building affordable campuses comprised of six or seven individual homes that accommodate 10-16 residents apiece. Though the communities are smaller Read More »
Survey Says: Senior Housing Construction to Increase in 2017
Although there is chatter in the industry that construction is slowing down, many senior housing executives say they actually are planning to start building projects this year. A full 75% of execs said they either are extremely likely or somewhat likely to pursue a construction Read More »
In the Pipeline: Senior Housing Construction Projects (2/2/17)
(Rendering of formal dining room at Edgemere, located in Dallas, Texas — photo courtesy of Edgemere) Construction: Planned Independent Living Building Planned in Hingham, Massachusetts Erickson Senior Living is planning a new independent living community in Hingham, Massachusetts. The 156,378-square-foot, seven-story building will add 104 independent living Read More »
Best of CCRC Design 2016: Master Planning with Coastal Elegance
Carolina Bay at Autumn Hall isn’t just for seniors. The continuing care retirement community (CCRC), located in Wilmington, North Carolina, is part of a larger, integrated master planned community and contributes to the intergenerational living in this area. The CCRC sits on 17 acres and is Read More »
In the Pipeline: Senior Housing Construction Projects (1/12/17)
Construction: Planned Luxury Senior Living Community Planned A new luxury senior living community will break ground this summer in Bozeman, Montana. The Springs at Bozeman will offer a mix of 172 independent living, assisted living and memory care apartments ranging in size from studio to three-bedroom Read More »
In the Pipeline: Senior Housing Construction Projects (1/5/17)
(Photo of the main dining room at Watercrest of San Jose, located in Jacksonville, Florida — photo courtesy of StudioSIX5) Construction: Planned Thrive Senior Living Community Planned A memory care community in Marietta, Georgia is planned. The Thrive Memory Care at East Cobb will have a Read More »
In the Pipeline: Senior Housing Construction Projects (11/10/16)
Construction: Planned Civitas Community Planned in Texas Civitas Senior Living is developing a new senior living community for people ages 55 and up, located in Azle, Texas. The community will be Civitas’ fourth community in Tarrant County and its 25th location, nationwide. Legacy Oaks at Read More »
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