In the Pipeline: AmeriCare Health’s New Flagship Community; Engel Burman Opens No. 15 on Long Island

Construction: Planned Erickson Opens Sales Center for Planned Community Erickson Living has opened a sales center for Avery Point, a continuing care retirement community (CCRC) slated to open in Short Pump, Virginia. Construction will occur in phases, with the first phase consisting of two residence buildings with 218 units and a community clubhouse scheduled to […]

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, […]

3 Reality Checks for Active Adult Development

Active adult is one of the most in-demand real estate product types at the moment, but investors and developers need to do their due diligence if they want these to be successful investments. Active adult is growing in popularity with investors because it does not have a health care component found in other senior housing […]

Blending Assisted Living, Active Adult Nothing New for Engel Burman

Last month, Engel Burman Group began construction of two senior living developments in Mt. Sinai, New York. The $125 million project, set on 24 acres, consists of a 225-unit age-restricted community for residents 55 and older, and a 120-unit Bristal assisted living facility. Interest in the active adult segment is hot, as investors and operators […]

Movers and Shakers: Heritage Senior Living Announces VP Promotions; New Watermark ED

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Investor Group Makes $625,000-Per-Unit NYC Senior Housing Play

Another high-profile senior housing project is coming to Manhattan, through the nearly $150 million acquisition of a 15-story building on the Upper West Side. The art deco building has 239 units, meaning that the purchase price equates to more than $625,000 per unit. Despite this eye-popping sum, the incoming owners describe the building—which has a […]

Movers & Shakers: The Goodman Group’s New COO

The Goodman Group Appoints New COO Minnesota-based senior living developer and manager The Goodman Group appointed Craig Edinger as its chief operating officer. In his new role, Edinger will be responsible for The Goodman Group’s operational and business functions of its 70 senior living and health care, residential and commercial properties. Edinger has worked with […]