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 and the annual SHN Awards Competition. Construction: Planned Presbyterian Manors Plans Colorado Community Senior living nonprofit Presbyterian Manors of Mid-America is […]
GenCare Lifestyle, already an industry leader in wellness-focused senior living operations, is launching a health system partnership in one of its communities, with plans to scale. The partnership will build on the company’s wellness foundation and broaden what the Seattle-based provider can offer its residents, as well as improve their quality of life, founder and […]
GenCare Lifestyle is not a large senior living provider, but the Seattle-based company is making a mark. Helmed by industry veteran Leon Grundstein, GenCare has been on the leading edge of wellness-focused operations, with particular innovation in the area of dining, and has started working with a new capital partner to support the company’s continued […]
New Senior Retires $125 Million Of Mortgage Debt New Senior Investment Group (NYSE: SNR) paid off $125 million of mortgage debt with a combination of cash on hand and the proceeds from a new revolving credit facility secured by eight private pay senior housing facilities. This transaction lowers New Senior’s leverage and interest expense. Borrowings […]
