Hurting for Cash, Gov. Owned Senior Housing Facilities Up for Sale

Hurting for cash, some county governments are looking to unload long term care facilities to private companies according to National Real Estate Investor. Evans Senior Investments is one company that brokered the sale of a South Carolina continuing care community for $11.3 million to Madison Healthcare Management. ¬†Prestige Healthcare, based in Louisville, will operate the […]

Immanuel Lutheran Communities Prepares for Construction of New Rehab Center and Senior Housing

Immanuel Lutheran Communities is embarking an ambitious expansion project that will create a new rehabilitation center and 14 new units at its Buffalo Hills Terrace community in Kalispell, Montana.  The project, funded by $14 million in tax-exempt revenue bonds, will have a 16-bed rehabilitation center, a new commons area for Buffalo Hill Terrace Assisted Living, […]