Discovery CEO: ‘Big, Final’ Restructuring Push is On with DMG Launch and Comvest Deal

The transformation of Discovery Senior Living in recent years has included rapid growth and the launch of various operating companies.  With the creation of the Discovery Management Group (DMG) and a new credit facility from Comvest Credit Partners, the company is almost completely reorganized and ready to begin the next chapter, CEO Richard Hutchinson told […]

In the Pipeline: Alliance Residential Plans Florida Project; Blake to Open Three Communities

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 Multifamily Developer Alliance Announces Florida Community National multifamily developer Alliance Residential Company plans to […]

In the Pipeline: Senior Housing Construction Projects (10/31/13)

Construction: Planned Developers Propose St. Louis-Area $20 Million Assisted Living Project The Grove Assisted Living, LLC, and Long Road Acquisition, LLC, are proposing a $20 million assisted living and memory care project for the Sunset Hills area located just outside of St. Louis, Missouri, reports St. Louis Business Journal. The project, dubbed The Grove in […]