(Rendering of The Harry and Jeanette Weinberg Campus, located in Bridgeport, Conn. — Photo courtesy of Perkins Eastman) Construction: Planned Omega Communities Plans New Senior Living Community A partnership between Greenbrier Development, Omega Communities and Eagle’s Landing First Baptist Church has sparked plans for a new senior living community in south Atlanta, Lake Vista. The community will […]
Two years, dozens of site visits and several operator interviews later, Northstar Commercial Partners revealed its first senior housing foray with a development in Denver, making the privately held commercial real estate investment company the latest new entrant in the senior living industry. Northstar on Monday announced its acquisition of a 1.56-acre parcel of land […]
(The Healthcare Resort of Plano developed by Mainstreet and operated by The Ensign Group in Plano, Texas — Photo courtesy of Mainstreet) Construction: Planned Omega Communities Plans $45 Million Community for Ga. Birmingham, Ala.-based Omega Communities plans to begin construction later this year on a new $45 million continuing care retirement community (CCRC) in Stockbridge, […]
From reclaimed urban property to blurring the lines between market rate and affordable housing, designers and architects are taking their senior living community plans to new heights. Dozens of communities stacked up in the 2015 Senior Housing News Design Awards, with new construction and renovation projects vying for the titles in each of seven categories: […]
(Bader House in San Antonio, Texas – Built by Uncommon Care with interior design by studioSIX5) Construction: Planned O’Reilly Development Plans Two Senior Living Projects for Mo. Springfield, Mo.-based O’Reilly Development Company is planning two new senior living projects: an $18.4 million development in Nixa, Mo., and a $35.8 million development in St. Charles, Mo., […]
Construction: Planned NHI, Bickford Senior Living Breaking Ground on Five New Projects National Health Investors, Inc. (NYSE: NHI) last week announced that its joint venture with Olathe, Kan.-based operator Bickford Senior Living will develop five senior housing communities in Illinois and Virginia. Each community will consist of 60 private-pay assisted living and memory care units […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week: Brookdale Merger Blasts Open Divide Between Large, Small Providers—No one denies that post-merger Brookdale will be a force for other senior living providers to reckon with, but such a large platform will have its share of challenges. Huge […]
A mega-corporation will form through the planned merger of Brookdale Senior Living and Emeritus, and while both entities expect to achieve significant efficiencies, senior living stakeholders say the challenge will be maintaining operational excellence. The merger will create a senior living giant that further divides the industry into two distinct models: the smaller, regional players […]
Colorado-based Balfour Senior Living is paring down some of the ownership of its senior living portfolio in an effort to return investments to its partners. In a deal valued at $104 million, Boston-based AEW Capital Management L.P. has purchased a portfolio of three senior living communities from Louisville, Colo.-based Balfour. The agreement marks yet another […]
Construction: Planned United Properties Proposes $10 Million Senior Co-Housing Project A proposal for a $10 million senior housing cooperative is generating buzz from the Anoka City Council, ABC Newspapers reports. United Properties expressed interest in establishing one of its Applewood Pointe developments on the corner of Second Avenue and Harrison Street in Anoka, Minnesota. The […]
