In the Pipeline 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 LRT Company acquires land for senior living campus Development firm LRT Company recently announced the […]
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Financings Greystone provides $16.8 million for green financing program Commercial real estate financial company Greystone has provided $16.8 million via a HUD LEAN 232/233(f) green loan to refinance a supportive living facility in Illinois. The facility, Plum Creek at Rolling Meadows, is a 102-unit facility on 1.46 acres and was constructed in 1986. The owner […]
About a month ago, Sodalis Senior Living got a shout-out during the Q1 2023 earnings call for Ventas (NYSE: VTR). Sodalis was one of the operators that “contributed significantly to the growth in the first quarter,” said Ventas Chief Investment Officer and EVP of Senior Housing Justin Hutchens. The mention can be seen as a […]
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: Complete Erickson Senior Living $500M CCRC celebrates first-phase opening Avery Point, a CCRC developed and managed by Erickson Senior Living, hosted a grand opening ceremony […]
(Clarendale of Schererville rendering courtesy of LCS) Construction: Planned Seattle Community Getting $30 Million Facelift Transforming Age, a nonprofit that owns and operates 11 senior living communities in Washington and Minnesota, is planning some big upgrades for Parkshore, one of its properties in Seattle. The $30 million renovation project includes an aerobics room, green roof, […]
(Thrive at Beachwalk, a 125-unit senior living community operated by Thrive Senior Living in Fort Myers, Fla.) Construction: Planned Welltower, Hines Acquire Site to Develop NYC Senior Living Community The New York offices of international real estate firm Hines and Welltower Inc. (NYSE: HCN), this week announced that they have closed on the acquisition of […]
(Oasis at Scholar’s Landing, an affordable assisted living community in Atlanta – Photo provided courtesy of McShane Construction Company) Construction: Planned Motion Picture & Television Fund to Build $35 Million Kirk Douglas Care Pavilion In celebration of actor Kirk Douglas’ 99th birthday, the Motion Picture & Television Fund (MPTF) announced plans to build a $35 million […]
(Rendering of SilverCreek on Main – Ryan Companies US, Inc. and SilverCrest Properties, LLC ) Construction: Planned Riverwood Retirement Management to Expand John Knox Village of Central Florida CCRC Orange City, Fla.-based Riverwood Retirement Management, Inc. will break ground in the next few weeks on an expansion project at John Knox Village of Central Florida, a […]
The U.S. faces an impending surge in the number of seniors who will require long-term care, while simultaneously facing a staggering shortage in the number of caregivers to serve them. This situation carries serious implications for senior housing providers in the coming years, but they may be able to avoid this “caregiver cliff” by recruiting […]
Time is running out to purchase tickets to the 4th annual Senior Housing News Summit. Only 20 tickets remain for the one-day event featuring some of the top names in the industry. The July 16 Summit in Chicago will bring you business insight and access to leading executives in the senior living industry. Purchase your ticket before […]
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