Transactions & Financings: Capital Senior Living Sells Ohio Community; NHI’s $22M Development Loan

Sales and operator transitions Capital Senior Living completes $18M sale of Ohio community Capital Senior Living (NYSE: CSU) completed the sale of a senior living community in Canton, Ohio. The sale price was $18 million, and provided $6.4 million in net cash proceeds to the operator. Additionally, Capital Senior Living was retained by the new […]

Transactions & Financings: Ziegler’s $184M Financing Deal Volume, Commonwealth Senior Living Acquires Virginia Community

Sales and operator transitions Commonwealth Senior Living acquires Virginia assisted living facility Commonwealth Senior Living acquired Cedar Manor Assisted Living, an assisted living facility in Chesapeake, Virginia including 60 assisted living beds and 12 memory care beds. The community will be rebranded as Commonwealth Senior Living at Cedar Manor. Immediately after the holiday season, the […]

Transactions & Financings: Maxwell Group’s $37M Financing; 2 New York Assisted Living Communities Trade Hands

Masterpiece Living and 3 AgeWell Living communities form strategic partnership Masterpiece Living partnered with three communities operated by AgeWell Living: The Crossings at Eastchase in Montgomery, Alabama; The Crossings at Iron Bridge in Chester, Virginia; and The Chamberlain in Hampton, Virginia. Cushman & Wakefield advises on $37.1M financing for South Carolina assisted living community Cushman […]

Senior Living Providers Create ‘Next Normal’ With Dining, Disinfection Changes

As the U.S. gradually reopens after nearly four months of lockdowns in response to the coronavirus pandemic, senior living communities can take cues from how various businesses operate in the new normal. Plans for restaurants operating at reduced capacities or with only socially distanced, outdoor dining can be adopted by providers looking to re-open dining […]

Movers & Shakers: Welltower Names New CFO; Watercrest’s Regional Director

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 […]

In the Pipeline: Belmont Village Opening in Chicago; Leisure Care’s Seattle High-Rise

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 Developer Wins Approval for 55+ Project in Massachusetts Capital Group Properties have earned approval […]

In the Pipeline: Senior Housing Construction Projects (4/20/17)

(Rendering of a planned cottage at Presby’s Inspired Life in Jenkintown, Pennsylvania — photo courtesy of Presby’s Inspired Life) Construction: Planned Groundbreaking Imminent for Dallas Senior Towers Workers are due to break ground soon on a new senior living community in Dallas, Dallas News reported. The new $136 million Ventana community will spread across two residential towers […]

In the Pipeline: Senior Housing Construction Projects (6/2/16)

(Project rendering of Spring Cypress Assisted Living and Memory Care, a senior living community managed by Civitas Senior Living in Cypress, Texas — Photo courtesy of Civitas Senior Living) Construction: Planned Developers Plan Civitas Assisted Living and Memory Care Project for Cypress, Texas The National Realty Group and MedCore Partners will begin construction late May to deliver an 80-unit […]

Movers & Shakers — People and Positions for January, Part IV

Kindred Healthcare Names EVP, COO Kindred Healthcare, Inc. (NYSE: KND) has announced that it has named Kent H. Wallace executive vice president and chief operating officer, effective Feb. 2, 2015. Wallace will be a member of the company’s Executive Committee. Previously, Kindred announced that Benjamin A. Breier, currently president and COO, will become CEO on March […]

How Senior Living is Saving Big With LED Lighting

A Missouri continuing care retirement community (CCRC) will spend $250,000 each year from now through 2016 to update its campus with light-emitting diodes (LED) lighting, which it says will save the community big bucks in the long run.  John Knox Village, in Lee’s Summit, Mo., will be upgrading lighting at 15 of its existing buildings, and […]