A behemoth in the world of real estate investment has decided to get serious about the senior living space. AIG Global Real Estate (AIG) has entered into a joint venture with Atlanta-based senior living operator First & Main to integrate the development, ownership and operational components for a new brand of independent living, assisted living and […]
Granger Group
Construction: Planned St. Louis Community Plans $14.6 million Renovation and Construction Projects Nazareth Living Center, a 140-bed skilled nursing facility and 150-bed assisted living community in St. Louis, is planning a renovation and the construction of an assisted living facility—a project that will cost $14.6 million, reports St. Louis Business Journal. While Nazareth already provides […]
(Chateau Waters Kitchen and Living Space – Photo Courtesy of Chateau Waters) Construction: Planned Northern Calif. Provider Closes Land Deal for 173-Unit Project Northern California Presbyterian Homes and Services (NCPHS) last week announced it has officially closed on an $11.2 million purchase of land in Walnut Creek, Calif. where it plans to build a continuing […]
The founder of a successful senior living provider is serving as co-owner of a brand new operator that is setting its sights on a pipeline that will start with 21 new assisted living sites currently under development. First & Main, the new senior living operator, is in part the brainchild of Thrive Senior Living Founder and Principal Jeramy […]
In an ever-evolving healthcare landscape that demands higher care quality at lower costs, several senior living providers are engineering various strategies to establish themselves as partners in Accountable Care Organizations (ACOs). Diversified service offerings across the post-acute care continuum, or building near existing hospitals and health systems are just a few practices senior living providers […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Five Healthcare Trends That Will Impact Senior Living—From a rise in government-sponsored healthcare to accountability for outcomes, Senator Bill Frist outlined these trends for the National Investment Center for the Seniors Housing & Care Industry. Developer Pledges $1 […]
A Michigan-based developer of senior housing communities has big plans for new construction over the next few years—they could amount to a billion dollars in development. Wyoming, Michigan-based Granger Group LLC is planning $1 billion worth of senior housing developments over the course of the next three years, Vice President of Development Jason Granger told […]
Construction: Planned Granger Group Plans $25 Million Senior Living Community The Granger Group, a real estate developer based in Wyoming, Michicgan, announced it will build a $25 million, 130-unit senior living community on the campus of Metro Health Village, reports MLive. Plans for the four-story building include 70 independent living units, 40 assisted living and […]
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