In the Pipeline: Senior Housing Construction Projects 9/28/17

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 […]

In the Pipeline: Senior Housing Construction Projects (9/10/15)

(Rendering of Cascade Manor at night – Photo courtesy of Ankrom Moisan Architects) Construction: Planned Aldersgate CCRC in North Carolina to Undergo $70 Million Transformation Formerly known as The Methodist Home, non-profit continuing care retirement center (CCRC) Aldersgate is undergoing a campus-wide expansion that will transform the more than 70-year-old, 234-acre campus in Charlotte, N.C. […]

Assisted Living Adapts to Changing Resident Acuity

As the assisted living resident demographic changes toward higher age and acuity, senior living providers are shifting care models with a clinical focus to accommodate emerging needs. A majority of assisted living residents are female, 85 or older, and need help with at least one activity of daily living (ADL), according to the CDC’s 2010 […]

Senior Housing Investments and Acquisitions (2/11/13)

REIT Buys N.C. ALF for $9.7 Million in Sale-Leaseback Transaction with Meridian Meridian Senior Living recently sold an assisted living community to Cornerstone Core Properties REIT Inc., an investment fund of Irvine, Calif.-based Cornerstone Real Estate Funds, for $9.7 million in a sale-leaseback transaction, reports The Business Journal. Danby House is a 100-bed, 27,129-square-foot community […]

Surviving the Superstorm: Planning Ahead Crucial to Recovery Efforts

When Hurricane Sandy hit the East Coast around Halloween, senior living providers faced communication breakdown, power outages, and flooding as they continued caring for their residents. Some experienced extensive damage, while others counted themselves lucky. Although evacuation is sometimes necessary, keeping senior living residences operational during severe storms by proper preparation can help stem the […]

Chelsea Senior Living Expands Northeastern Presence with NJ Senior Residence

Chelsea Senior Living, LLC, an assisted and independent living community operator with communities located in New Jersey, Pennsylvania, and New York, recently expanded its Northeastern presence with a New Jersey acquisition. The operator acquired senior residence Van Dyk at Bald Eagle Commons for an undisclosed sum, and has since renamed the community the Chelsea at […]