In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned New Perspective to Develop Wisconsin Community New Perspective Senior Living is set to start […]
Allegro Senior Living
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In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: In progress Capitol Seniors Housing Breaks Ground 84-Unit Community in Maryland Senior living investment and […]
NIC Bolsters Board of Directors The National Investment Center for Seniors Housing & Care (NIC) has named David Nash and Mike McCurry to its board of directors, according to a press release. Nash is the dean of the Jefferson College of Population Health at Jefferson University in Philadelphia, while McCurry is the executive vice president […]
Allegro Senior Living is using a modest, three-building acquisition to do some bigger things: enter a new state and launch a new brand, Alto Senior Living. Prior to this acquisition, St. Louis-based Allegro operated 14 senior living buildings, with 12 in Florida and one each in Kentucky and Missouri. Most of these are large properties […]
Health Care Business Valuation Veteran Affiliates with Carnahan Group Health care business valuation veteran Craig Smith has formally affiliated with Tampa, Florida-based health care advisory firm Carnahan Group. Smith is the U.S. national practice leader of the senior housing and health care practice of Colliers International, a Toronto-based global commercial real estate services organization. In his […]
Construction: Planned Lifespace Communities Location Near Chicago Plots Big Redevelopment Oak Trace, a Lifespace community in Downers Grove, Illinois, has announced plans for a $150 million redevelopment and expansion project, according to a press release. The first phase of the redevelopment will include a new health center with 66 assisted living apartments, 28 memory support […]
Construction: Planned Former National Guard Armory in Pennsylvania to Become Senior Housing The new owners of a former National Guard armory in Sunbury, Pennsylvania, seek to turn the historic building into a senior living community. As planned, Z&Z Limited Partnership would build nearly 50 senior homes on the same site as the armory, according to the Daily […]
Happy Monday! Here’s last week’s most-read news: HCP Inc. (NYSE: HCP) hired Scott Brinker as its new chief investment officer, and Welltower (NYSE: HCN) responded to the appointment with a lawsuit. Not-for-profit post-acute providers in Illinois have a plan to go up against Symphony Post Acute Care Network—and other for-profits— and win. Tana Gall, CEO […]
(Rendering of Allegro’s Richmond Heights community — image courtesy of Allegro Senior Living) Construction Planned Luxury Senior Housing Developer Sets Sights on Little Rock Area Abby Development, a luxury senior housing builder, owner, and operator, has plans to break ground on a new “resort-style” seniors housing campus near Little Rock, Arkansas. Workers are poised to break ground […]