Why It’s Time to Redefine CCRCs for the Next Generation

Continuing care retirement communities (CCRC) have adhered to a paint-by-numbers design and construction model for decades, but this could be changing. The expected stampede of baby boomers in need of senior living over the next decade is expected to change the design paradigm, as well as what will be expected of CCRCs. Developers and operators […]

Transactions & Financings: Avamere Enters Arizona; Northbridge Buys New England Portfolio

Northbridge Senior Housing acquires 8-property New England senior housing portfolio Northbridge Senior Housing, through its Northbridge Strategic Housing Fund II, received acquisition financing for an eight-property senior housing portfolio in New England, totaling 565 units.The properties in the portfolio are: – Avita of Brunswick in Brunswick, Maine– Avita of Stroudwater in Westbrook, Maine– Avita of […]

Avamere Forges Ahead with Ovation Micro-CCRC Projects

In an effort to win over the next generation of senior living residents, providers are beginning to rethink traditional models such as the entrance-fee continuing care retirement community (CCRC). One new alternative — the “micro-CCRC” concept being developed by Wilsonville, Oregon-based Avamere Companies — has encountered some construction delays but is on track to hit […]

Transactions and Financings: Acts Completes Integrace Affiliation; Avamere’s New Acquisition

Acts, Integrace complete affiliation Acts Retirement-Life Communities completed its affiliation with Integrace and its family of communities throughout Maryland this week. The affiliation brings together two nationally recognized names in the senior living industry under shared leadership and governance. The affiliation was first announced in January.The affiliation gives West Point, Pennsylvania-based Acts entry into the […]

3 Reality Checks for Active Adult Development

Active adult is one of the most in-demand real estate product types at the moment, but investors and developers need to do their due diligence if they want these to be successful investments. Active adult is growing in popularity with investors because it does not have a health care component found in other senior housing […]

Avamere C-Suite Shuffle First Step To Post-Acute Care Network

The Avamere Family of Companies announced on Wednesday a reorganization of its executive ranks intended to remove the separations among the Wilsonville, Oregon-based firm’s individual entities, allow the sharing of resources and create a post-acute care network. “With this new organizational structure, our company will be able to more effectively uphold our mission, core values, […]

Avamere Launches New Company, Ovation, For Its ‘Micro CCRC’ Communities

The Avamere Family of Companies has high hopes for its “micro CCRC” concept. The hopes are so high, in fact, that the Wilsonville, Oregon-based company is launching a separate company dedicated to the concept. Avamere announced the launch of Ovation with two groundbreakings in St. George, Utah and Omaha, Nebraska, representing a combined $170 million […]

Amazon Helps Avamere Manage Spending In Senior Living Business

It may only be a matter of time before Amazon.com’s (Nasdaq: AMZN) business purchasing platform makes more of a mark in senior living, if the experience of a major regional senior care provider in the Pacific Northwest is any indication. The Seattle-based online retail giant touted Amazon Business at the 2018 Argentum Senior Living Executive Conference in […]