LCS Hires Development and Real Estate Business Leader LCS has Charles Murphy as executive vice president and senior managing director of development and real estate. Murphy, who joins LCS in mid-February, is responsible for strategy and performance oversight of the LCS Development and LCS Real Estate companies. He has previously worked in leadership roles at […]
American House Senior Living Communities
ORIX USA acquires Hunt Real Estate Capital ORIX Corporation USA completed its acquisition of Hunt Real Estate Capital, creating a commercial real estate finance platform with annual loan production in excess of $9 billion and a servicing portfolio of more than $40 billion. ORIX will combine Hunt into its existing brands, Lancaster Pollard and RED […]
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 Atria Community Sets August Opening Near Denver An Atria Senior Living community is […]
After a decade of whispers, trials, pilots and promise, virtual reality (VR) now seems on the precipice of a boom in senior housing and senior care settings. A bevy of companies have cropped up over the past five years to tailor VR solutions directly to senior living. VR is now helping operators address age-old challenges […]
Changes are afoot at American House Senior Living Communities. The Bloomfield Hills, Michigan-based senior living owner and operator has sold a portfolio of properties to ReNew REIT and is forging ahead with an expansion plan that includes development and acquisitions with a variety of partners — including at least one project with a new investor […]
New Senior Closes $720 Million Refinancing New Senior Investment Group completed the refinancing of a $720 million secured loan from with Freddie Mac arranged through KeyBank Real Estate Capital. The loan has a seven-year term and bears interest at LIBOR plus 232 basis points, an improvement of approximately 170 basis points, or $12 million annually, versus […]
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 year. […]
The year was 2008, and Presbyterian Homes & Services had a plan for a new mixed-use senior living community. The Minnesota-based senior living provider would develop The Promenade of Wayzata, 14.5 acres of retail, all-ages condos, a hotel and 326 units of assisted living, memory care and skilled nursing. PHS would open the condos and […]
Mixed-use development in senior living is on the rise, and the creative thinkers are winning. Whether including senior living or not, a common template for residential mixed-use is a single building with public retail, dining or both on the building’s ground floor, and apartments and condos above. This model is popular in senior living, too. […]
Tennessee CCRC Announces Affiliation With United Church Homes Uplands Village, a continuing care retirement community (CCRC) in Pleasant Hill, Tennessee, announced a new affiliation with United Church Homes (UHC), a Marion, Ohio-based national provider of senior living services. UHC’s management services company, United Church Homes Management (UCHM), will also take over management of Uplands Village. […]
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