In the Pipeline: Senior Housing Construction Projects (7/17/14)

Construction: Planned Presbyterian Senior Living Awarded Funds to Build Penn. Senior Apartments Presbyterian Senior Living (PSL) this week announced it has been notified that the Pennsylvania Housing Finance Agency (PHFA) has awarded funding to them to build a 50-unit apartment building for low- to moderate-income people age 62 and older. Construction on the Westminster Place […]

Movers & Shakers — People and Positions for July, Part II

Legacy Healthcare Expands Team Legacy Healthcare, which owns and operates 17 skilled nursing centers in Illinois, has hired Kristin Scott as regional director of business development and Erik Iverson as director of business development for Warren Barr North Shore.   Scott brings to the position experience in physician relations and business development, most recently working […]

Minnesota’s Senior Housing Surge Stirs Overheating Concerns

As municipalities outside of Minneapolis’ Twin Cities metro area amend local zoning requirements to make way for more senior housing development, senior living providers are faced with the rising challenge of developing in a market that is reaching saturation.  In the third quarter of 2013, the Minneapolis metro saw a total of 1,072 new assisted […]

New Competition Seeks Innovators for Marketable Senior Care Tech

With an aging population slated to reach the billions in the coming decades, a new partnership believes technological innovation will be key in serving this massive demographic.  The AgePower Tech Search is the collaboration of Ecumen, a non-profit senior housing and services company based in Minnesota, and MOJO Minnesota, an innovation cooperative and advocacy force […]

In the Pipeline: Senior Housing Construction Projects (5/15/13)

Construction: Planned Texas Developers Plan Fort Worth Senior Living Community Dallas-based HealthCap Partners LLC and Fort Worth-based Hillwood Properties plan to develop a senior living community in Alliance Town Center in Fort Worth, Dallas Business Journal reports. The initial phase of construction would consist of 60-units of the senior living community, 40 of which would […]

In the Pipeline: Senior Housing Construction Projects (4/17/13)

Construction: Planned Chicago Mayor Proposes $19 Million Low-Income Senior Housing Development Chicago Mayor Rahm Emanuel introduced financial measures to City Council that would support the development of a 72-unit affordable senior apartment building in the city’s west side neighborhood of Humboldt Park. The $19.4 million complex would be located at the southeast corner of North Avenue and […]

Ecumen Gets $3 Million Grant to Develop Model Improving Rural Senior Living

Ecumen, a non-profit senior housing and services provider, has announced it has received a $3 million grant from the Margaret A. Cargill Foundation meant to support the development of a model to improve senior care in rural settings.  The grant will enable Ecumen to transform Ecumen Detroit Lakes, a longstanding nursing home in rural Becker County, Minnesota, into a […]