(Brandywine Senior Living at Mahwah located in Mahwah, N.J. — Photo courtesy of Brandywine Senior Living) Construction: Planned Berry College Announces Site for New CCRC in Ga. Berry College, a liberal arts college in Rome, Ga., this week announced the site of a new continuing care retirement community (CCRC) that will be construction on undeveloped […]
Category: Memory Care
Chance played a role in bringing Douglas Wilson Companies into the senior living development business, but the firm is not banking on good luck and favorable demographics alone to succeed. The 26-year-old company has partnered with an established operator, is seeking private equity backing and is positioning itself to become a notable player in one of the […]
Earnings for Welltower Inc. (NYSE: HCN) for the third quarter reflect record-high funds from operations (FFO) and funds available for distribution (FAD), but soaring asset prices and fluctuating cap rates have the real estate investment trust holding off on major deals. “I think you’ve seen, if you just look at this quarter, our investment activity was […]
(Photo: Élan Westpointe in New Braunfels, Texas by Titan Senior Living) Construction: Planned Lakewood Manor CCRC Plans Expansion in Va. Virginia Baptist Homes recently announced a plan that will bring significant changes to Lakewood Manor, a continuing care retirement community (CCRC) in Richmond, Va. Although plans are currently in the research and development phase, Virginia Baptist […]
(Exterior of Trillium Woods, a $161 million CCRC now open in Plymouth, Minn.) Construction: Planned Douglas Wilson Companies to Launch First Senior Living Development Signaling its entry into the senior living market, Douglas WIlson Companies (DWC) plans to break ground on its first assisted living and memory care community next year. The inaugural project will be a […]
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 […]
It’s no surprise that leaders in the senior housing sector are worried by the specter of rising interest rates—but it may be less obvious why a flow of new capital into the industry is also a top cause for concern. Yet, the capital influx is indeed a major source of anxiety right now, according to […]
(Rendering of SilverCreek on Main – Ryan Companies US, Inc. and SilverCrest Properties, LLC ) Construction: Planned Riverwood Retirement Management to Expand John Knox Village of Central Florida CCRC Orange City, Fla.-based Riverwood Retirement Management, Inc. will break ground in the next few weeks on an expansion project at John Knox Village of Central Florida, a […]
Construction of both memory care and assisted living campuses has bounced back following the recession, but potential competition between the two has some industry leaders skeptical of supply-demand stability. Sabra Health Care REIT (Nasdaq: SBRA) Chairman and CEO Rick Matros is bullish on standalone memory care, but believes a boom could undermine assisted living occupancy. Imran […]
(Bader House in San Antonio, Texas – Built by Uncommon Care with interior design by studioSIX5) Construction: Planned O’Reilly Development Plans Two Senior Living Projects for Mo. Springfield, Mo.-based O’Reilly Development Company is planning two new senior living projects: an $18.4 million development in Nixa, Mo., and a $35.8 million development in St. Charles, Mo., […]
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