29 Former Atrium Communities Sold Out of Receivership

In September 2018, 33 properties operated by Little Falls, New Jersey-based Atrium Health and Senior Living went into receivership. Following recent transactions, those properties have now all been either closed or sold. North Shore Health Care — based in the Milwaukee suburb of Glendale, Wisconsin — has acquired 22 of the communities. Of these, 16 […]

In the Pipeline: Senior Housing Construction Projects (4/28/16)

(Rendering of Solana Mount Pleasant, an independent, assisted living and memory care community being developed by Formation Development Group in Mount Pleasant, S.C.) Construction: Planned Formation Development Group Obtains Zoning for S.C. Project Formation Development Group, an Atlanta-based senior living developer and investor, has obtained zoning approval for a new senior housing community in Mount Pleasant, […]