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2Life Communities
Transactions IRA Capital acquires Seattle community IRA Capital, a California-based private equity firm, announced its acquisition of Quail Park of Lynnwood on June 12. According to a press release, the community is 253 units and was developed in two phases in 2013 and 2020. The release states the all-cash acquisition expands the firm’s healthcare portfolio […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Transactions Blueprint sells Lancaster community Blueprint was selected by a local family to execute the sale of a 180-bed skilled nursing facility in Lancaster, Ohio on Jan. 24. According to a press release, the community faced operational challenges caused by the Covid pandemic. The community was purchased by an owner-operator looking to capitalize on the […]
Financings 2Life Communities issued $17.8 million bond MassDevelopment has issued a $17.8 million tax-exempt bond to 2Life Communities to demolish a vacant former rest home and build a new rental housing facility for seniors. The existing building, The Leland Home, was built in 1891 and was operated until it closed in 2020. The new building, […]
This article is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned New affordable project announced in Massachusetts for 2Life Communities 2Life Communities announced an affordable senior living […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Sunrise Senior Living announces Virginia community With its latest project, Sunrise Senior Living recently announced a new community in McLean, Virginia. Architecture will be […]
Financings MassDevelopment Issues $129M Bond For Middle-Market Community MassDevelopment announced it issued a $129 million tax-exempt bond on behalf of 2Life Opus Newton for the development of a senior living community aimed at serving the middle market. The community – run by 2Life Opus, an affiliate of 2 Life Communities – will be a 174-unit […]
Value-based care and the middle market represent two of the biggest opportunities for senior living providers and were hot topics at the recent NIC Spring Conference. But with operators more cash-strapped than ever — thanks largely to inflation and labor disruption — I believe that the sector is at a “show me the money” moment […]
Construction: Planned 2Life Communities to start on Opus project ahead of schedule Brighton, Massachusetts-based 2Life Communities will break ground next month on its middle market community Opus Newton, almost a year ahead of schedule. The community, first announced in 2021 in Newton, Massachusetts, is a middle market senior living community for adults 62 and up […]
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