NorthPoint Sells 12-Property Stonecrest Portfolio to CA Senior Living

Kansas City, Missouri-based NorthPoint Development has exited senior living by selling a 12-property portfolio to Chicago-based CA Senior Living. Previously under the Stonecrest brand, the communities will be operated by Anthology Senior Living going forward. Anthology is the operating arm of CA Senior Living, which is part of Chicago-based development and investment firm CA Ventures. […]

In the Pipeline: Planned ‘Medical City’ Moves Ahead; Three New RLC Groundbreakings

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 Planned ‘Medical City’ in Orlando One Step Closer to Fruition Local officials in Orlando, Florida, are […]

Transactions & Financings: Clearwater Living, Solinity

CBRE Arranges Financing for Two Communities in Connecticut  CBRE National Senior Housing Vice Chairman Aron Will recently secured construction financing on behalf of a joint venture between Chicago-based real estate investment holding company CA Ventures and a global investment manager for two properties known as Farmington Senior Living and Simsbury Senior Living. The properties comprise […]

In the Pipeline: Ascent Living to Open in Denver, CA Senior Living Breaks Ground Near Pittsburgh

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 Focus Property Group, Ascent Living Planning Denver Community Property investor and developer Focus Property Group […]

Senior Housing Investments & Transactions: Vikus Acquired, CA Senior Living Buys in Texas

HealthcareSource Acquires Vikus Corporation  Health care industry talent management software provider HealthcareSource announced its acquisition of Vikus Corporation, a Tennessee-based company offering hiring software for the post-acute and long-term care markets. Financial terms of the deal are not being disclosed, HealthcareSource President and CEO J.P. Fingado told Senior Housing News. The acquisition gives HealthcareSource more […]

Movers & Shakers: Presbyterian Homes, CA Ventures

SHN’s Movers & Shakers Column is sponsored by the SHN Job Board.  To look for a new job for yourself or a friend, visit https://jobs.seniorhousingnews.com.  If you’re an employer, post your senior living jobs with us and attract the industry’s best-read professionals today. Have hiring/staffing announcements?  Send them to [email protected] Clauson Appointed to Executive Role at […]

On-Demand Drones Give Senior Living Developers an Edge

The “Uberization” of drones has arrived, with on-demand services giving senior housing developers a new way to oversee construction, improve investor relations and boost marketing efforts. Chicago-based CA Ventures is one such developer. Founded in 2004 as a real estate holding company focused on student housing, the firm has since grown to 250 employees and […]

Movers & Shakers: CA Ventures’ New Chief Development Officer

CA Ventures Hires Chief Development Officer Chicago-based real estate investment holding company CA Ventures recently named Sean Spellman as its new chief development officer.  In his new position, Spellman will be responsible for executing a multi-sector pipeline that includes almost 30 projects valued at more than $2 billion across the U.S. The role was previously […]

Senior Housing Investments & Transactions: Sunrise Buys St. Louis Community

Cushman & Wakefield Arranges Sale of Senior Community Near St. Louis Cushman & Wakefield announced it advised a joint venture of Provision Living Senior Communities and real estate investment trust Welltower (NYSE: HCN) in the sale of Provision Living at Webster Groves to Sunrise Senior Living, for an undisclosed price. Provision Living is an assisted living and […]