Sales and operator transitions Life Care Services assumes management of former Rose Senior Living communities Life Care Services assumed management of six communities owned by Rose Senior Living, an operator based in Bloomfield Hills, Michigan. The communities include: Heritage at Irene Woods, Memphis, Tennessee Rose Senior Living and Rose Villas, Avon, Ohio Rose Senior Living, […]
Broadmead
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Caddis to Develop First Heartis Community in Florida Health care real estate firm Caddis […]
Ziegler Closes $76M Series 2018 Financing Ziegler closed a $75,555,000 Series 2018 financing package on behalf of Broadmead, a nonprofit Maryland corporation. The Series 2018 tax-exempt bonds were issued through the Maryland Health and Higher Educational Facilities Authority. The Series 2018 Bonds are rated “BBB+” with a stable outlook from Fitch. Broadmead is situated on 94 […]
Construction: Planned Senior Housing Planned Near Lake of the Ozarks in Missouri A sprawling development slated to open in the lakefront city of Osage Beach, Missouri, will include senior housing. Local officials recently gave the go-ahead to the developers of Osage Beach Commons, a $385 million mixed-use building that will include retail, restaurants and senior living space, according […]
Maryland CCRC Names New COO Broadmead, a continuing care retirement community in Cockeysville, Md., has recently hired Robin Somers as its new chief operating officer. Somers, a 20-year veteran of the senior living and health care fields, has previously served as the executive director and senior executive director for Fairhaven, another CCRC, as well as […]