Leaders with Colony Capital (NYSE: CLNY) expect continued headwinds to affect the company’s senior housing portfolio but believe that conditions are improving for skilled nursing facilities. Meanwhile, the Los Angeles-based real estate investment trust (REIT) is continuing to restructure its health care portfolio, most recently converting a RIDEA arrangement to a triple-net lease. Overall, the […]
Frontier Management
Caring Holdings, LLC Acquires Caring.com Senior care referral service Caring.com has been acquired by Caring Holdings, LLC, a group of investors with experience and expertise in digital customer acquisition. Bankrate, which had owned Caring.com, agreed to part ways with the senior living referral service in November 2017 in order to be acquired by Red Ventures. […]
Frontier Management is betting on careful, methodical growth to help it hit 100 communities by 2020. The Portland, Oregon-based company is growing its footprint in California, Florida, Georgia, Texas, Nevada, Tennessee and even Hawaii, according to Greg Roderick, the senior housing provider’s president and CEO. “I’m turning 50 in a couple of weeks, so it’s not […]
In senior living, it’s no longer acceptable to take a lackluster approach to dining. That’s because a great food program can make or break a senior living community—especially when it comes to occupancy, Greg Roderick, president and CEO of Portland, Oregon-based senior housing provider Frontier Management, suggested during a panel session at Senior Housing News’ […]
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 […]
(Photo of the main dining room at Watercrest of San Jose, located in Jacksonville, Florida — photo courtesy of StudioSIX5) Construction: Planned Thrive Senior Living Community Planned A memory care community in Marietta, Georgia is planned. The Thrive Memory Care at East Cobb will have a home-like feel with a living area, dining area, sunroom and […]
From onsite pubs and Bloody Mary bars to home brewing beer, senior housing as of late has aimed to appeal to the happy hour lover in every resident. Nearly 70% of assisted living residents drink alcohol—and more than one-third drink daily, according to a University of Pittsburgh study published in Research on Aging in 2012. […]
Providers have been working to make senior housing more of a community destination, and one broader food trend could help dramatically. Enter food trucks, mobile stations known for their convenience and diverse, artisanal food selections. Senior Housing News pinpointed food trucks as a major trend from which senior living can benefit in its new report, “Innovative Food […]
(Rendering of OPAL by element, located in Vancouver, British Columbia — Photo courtesy of Element Lifestyle Retirement Inc.) Construction: Planned Permits Finalized on $97.4M Senior Community in Canada Located in Vancouver, British Columbia, Element Lifestyle Retirement Inc. has announced its final approval for a $97.4 million project, OPAL by element. The community will be Element’s […]
(Photo of Hilliard Assisted Living and Memory Care, located in Columbus, Ohio — Photo courtesy of Spectrum Retirement Communities) Construction: Planned Koelsch Community Will Break Ground This Month in Calif. A new memory care community will break ground later this month in Modesto, Calif. El Rio Memory Care Community is owned by Koelsch Communities and […]
