2018 was a landmark year of growth for senior living smart home potential. 2019 is shaping up as the year the promise is delivered. And senior living providers looking for models of execution can look at their peers, as well as the largest homebuilder in the United States. Most recently, Atlanta-based Thrive Senior Living on […]
MidCap Closes First Mortgage Loan for Florida Community MidCap Financial, a commercial finance firm that concentrates on middle-market transactions, recently closed a transaction with Zon Living Concepts, LLC. The senior housing and senior care company owns and operates Zon Beachside, a Class A assisted living and memory care community in Indian Harbour Beach, Florida. The […]
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 Kisco, Welltower CCRC in North Carolina to Build Senior Living High-Rise The Cardinal at […]
Five Star Senior Living Names Adam Portnoy as Managing Director Five Star Senior Living (Nasdaq: FVE) announced that Adam Portnoy was elected as its new managing director. Portnoy, 47, was elected in order to fill a vacancy on the board left by the unexpected passing of Barry Portnoy, Five Star’s founder and one of its managing […]
Construction: Planned Upscale Senior Living Community to Open Near Emory A new upscale senior living community is planned to open near Atlanta’s Emory University in 2019. The Holbrook Decatur will cost $74 million and have 71 apartments for people in the “active 50-plus” demographic, according to Decaturish.com, a local news site. Amenities will reportedly include […]
Among a crowded field of senior care technology startups, K4Connect has commanded a lot of attention. Partly that’s because its founder, Scott Moody, previously helped create TouchID, the technology for unlocking an iPhone with a fingerprint. Partly it’s because the company has succeeded where many other startups fail, in scaling up pilot projects. Now, K4Connect has […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]
HJ Sims Completes $98 Million Financing for Life Plan Community in Pennsylvania HJ Sims, a privately held investment bank and wealth management firm, recently completed a $98 million financing for Brethren Village, a life plan community in Lancaster, Pennsylvania. The financing consisted of fixed-rate, BB+ rated Series 2017 refunding bonds, structured with term and serial bonds, […]
Griffin-American Acquires Five-Building Portfolio Near St. Louis American Healthcare Investors and Griffin Capital Company, the co-sponsors of Griffin-American Healthcare REIT IV, acquired the five-building SW Illinois Senior Housing Portfolio in the St. Louis metro area. The property was purchased from A&M Property Holding, an unaffiliated third party represented by Jeff Binder and Patrick Byrne of Senior Living Investment […]
(Rendering of Atria at Villages of Windsor located in Palm Beach County, Florida — photo courtesy of Atria Senior Living) Construction: Planned Developers Investing $9 Million In New Memory Care Community A new memory care community is planned to start construction soon. The $9 million Fieldstone Memory Care community, located in Spokane, Washington, will be […]
