Senior Housing News is pleased to announce the 4th annual Senior Housing News Summit, taking place July 16 in downtown Chicago. Don’t miss this one-day event that will bring you business insight and access to leading executives in the senior living industry. Purchase your ticket now before they sell out to ensure you get the […]
Anthem Memory Care
Brookdale Appoints Mark Parrell, Lee Wielansky to Board Of Directors Brookdale Senior Living Inc. (NYSE: BKD) recently announced the appointments of Mark J. Parrell and Lee S. Wielansky to its Board of Directors as Class III directors. The appointments of Parrell and Wielansky, which became effective on April 23, 2015, fill the vacancies created by the […]
Memory care construction has surged in recent years, bringing to the market both new products as well as repositioned communities that are expanding to meet the growing need for memory support services. However, despite the innovative approaches that have arisen, industry veterans say most modern memory care design principles are largely missing the mark. In […]
Construction: Planned MorningStar Senior Living, Nye Health Services Team on Memory Care Project Denver, Colorado-based MorningStar Senior Living, LLC, along with Nye Health Services of Fremont, Nebraska, announced plans last week to build a memory care expansion through their new partnership. Effective January 1, 2015, MorningStar will assume the daily operations of River Rock Assisted […]
Construction: Planned PDC Capital Group Invests in Pipeline of Three Northern Calif. Projects Costa Mesa, Calif.-based PDC Capital Group, LLC, has three new SummerPlace Assisted Living & Memory Care facilities planned to break ground next year in Northern California. SummerPlace Westgate, located in West Sacramento, is a $27.5 million that will add 174 units and […]
LTC Properties, Inc. (NYSE:LTC) announced Tuesday it is entering into a $19.6 million development commitment with an existing operator partner, Anthem Memory Care, to fund the construction of two standalone memory care communities in Colorado. In conjunction with the development commitment, the healthcare-focused REIT also closed on two plots of land for a total of […]
Construction: Planned Developer Plans $79 Million New Mexico CCRC Colorado-based developer GlobalWorks plans to build a $79 million continuing care retirement community (CCRC) in Bloomfield, New Mexico, reports The Daily Times of Farmington, NM. The 18-acre project called WaterFall Living Community would feature 253 residences that include a mix of independent living, assisted living and hospice […]