Marquette General Health Sells Brookridge Heights Assisted Living Facility

Marquette General Health System has completed the sale of Brookridge Heights Assisted Living to Brookridge Marquette Real Estate, LLC. The owners of Brookridge Marquette Real Estate, LLC, include Capital Health Group, LLC, and SeniorCare Communities, Inc. Together they own and/or manage 30 assisted living facilities throughout the country, including one in Cadillac, Mich.  Under the […]

Will Retirement Condos On A Florida Cruise Ship Sink or Swim?

Waterfront Lifestyles International, a boutique maritime lodging company, has begun taking reservations for retirement condos on a mid-size cruise ship that will make monthly cruises to the Bahamas.  Prices for individual condo cabins on the 300-foot Alegria range from $159,000 for a single room to a larger suite for $399,000 plus a monthly fee which […]

Crimson Peaks Opens Assisted Living Project In Mesa, Arizona

Crismon Peaks Assisted Living, LLC, recently announced the opening of their first assisted living home, The Bridge Home, in their Mesa, Arizona community. The 6,100 square foot luxury, private assisted living home features 9 spacious private suites and individual supportive services for supervisory, personal, and directed care. The facility has amenities such as daily activities, […]

San Francisco Affordable Senior Housing Project Gets Underway

Last month, the Community Housing Partnership (CHP) and Tenderloin Neighborhood Development Corporation celebrated the groundbreaking of Zygmunt Arendt House, CHP’s first housing development to exclusively serve senior citizens. When opened in early 2010, the $16 million Zygmunt Arendt House will serve as a home for 47 formerly homeless seniors in San Francisco’s NoPa neighborhood.  According […]

SQLC Announces Development Details for Mirador Retirement Community

Senior Quality Lifestyles Corporation (SQLC), owner of upscale not-for-profit retirement communities throughout Texas, has announced the project team for Mirador, Corpus Christi’s first and only life care retirement community.  The Mirador will be an all-inclusive community featuring 110 independent living apartment homes and 40 private assisted living suites, 40 private rooms for dignified nursing care, […]

Senior Casitas Coming To Arizona Retirement Community

The Retreat at Santa Rita Springs Rolls Out Casitas The Retreat at Santa Rita Springs celebrated its grand opening last month and welcome its first residents to Green Valley, Arizona’s newest independent living community.  Watermark Retirement Communities is opening the first phase of 28 new Casitas.  The new project overlooks the Santa Rita Mountains and […]

Greystone Announces Employee Buyback From Sunrise Senior Living

Greystone Communities formally announced earlier this week that an employee group has purchased the company back from parent Sunrise Senior Living so as to once again be a privately-held company.  Earlier this month, Senior Housing News reported this transaction in “Sunrise Senior Living To Sell Greystone Interest In An Effort To Raise Cash And Stem […]

University Affiliated Senior Housing Opens In Lubbock, Texas

The trend in university affiliated senior housing continues…this time in Lubbock, Texas.  The Texas Tech Alumni Association is endorsing Raider Ranch Traditions that will consist of assisted and memory care services with 89 assisted living apartments and 47 memory care apartments.  The assisted living facility is scheduled to open in April and will provide luxury […]

Ohio Housing Finance Agency Approves Plan That Includes Senior Apartments

The Ohio Housing Finance Agency (OHFA) Board approved its Annual Plan last week, which addresses the state’s affordable housing needs in Ohio. The plan is a strategic guide that highlights current affordable housing issues covering homeownership, multifamily development, and management.  The OHFA Board also approved over $6 million to fund affordable housing. Approximately $2.15 million […]

CJE SeniorLife Brings New Jewish Sponsored CCRC to Chicago Area

CJE SeniorLife, in partnership with the Jewish Federation of Metropolitan Chicago/Jewish United Fund, recently announced: Karmel, the first Jewish-sponsored continuing care retirement community (CCRC) in the Chicago area, with plans to open in 2012.  The full continuum of care community, to be located on the present Weinberg Community for Senior Living property in Deerfield, Illinois […]