Ventas (NYSE: VTR) is raising more money to shore up its financial position in the wake of its acquisition of New Senior Investment Group (NYSE: SNR). The Chicago-based real estate investment trust (REIT) announced a public offering of $500 million in senior notes at 2.5% interest, due in 2031. The notes are being issued by […]
Aldersgate
When Johanna Jameson began exploring memory care as a research subject for her doctoral dissertation, she returned time and again to gaps in care service, and the difference between physical needs and cognitive ones. Jameson, a care consultant at Alzheimer’s Association out of their national office in Chicago, recognized that the care industry too often […]
A life plan community in Charlotte, North Carolina will soon be home to a large urban farm, which will support dining, resident engagement and community outreach efforts. The roughly 500-resident community, Aldersgate, plans to work with the Carolina Farm Trust on a 6.7-acre farm that would include an aquaponics garden, an outdoor classroom, fruit trees, beehives, and […]
(Rendering of Cascade Manor at night – Photo courtesy of Ankrom Moisan Architects) Construction: Planned Aldersgate CCRC in North Carolina to Undergo $70 Million Transformation Formerly known as The Methodist Home, non-profit continuing care retirement center (CCRC) Aldersgate is undergoing a campus-wide expansion that will transform the more than 70-year-old, 234-acre campus in Charlotte, N.C. […]
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