(The Healthcare Resort of Plano developed by Mainstreet and operated by The Ensign Group in Plano, Texas — Photo courtesy of Mainstreet) Construction: Planned Omega Communities Plans $45 Million Community for Ga. Birmingham, Ala.-based Omega Communities plans to begin construction later this year on a new $45 million continuing care retirement community (CCRC) in Stockbridge, […]
Kisco Senior Living
CareTrust REIT Announces Two Acquisitions CareTrust REIT, Inc. (NASDAQ: CTRE) has acquired a portfolio of nine skilled nursing facilities in Iowa. CareTrust is a publicly-traded real estate investment trust (REIT) that focuses on the acquisition and leasing of seniors housing and health care-related properties. The portfolio includes 518 operating skilled nursing beds that will be […]
Mainstreet Hires Green House Founder Bill Thomas Mainstreet, a national investment company, has hired Dr. Bill Thomas as its new director of innovative health care. Thomas is the creator of The Green House, a model of care that focuses on a smaller scale of residents. He is a Harvard-Trained geriatrician and internationally recognized expert on […]
(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 […]
Construction: Planned Aspire Development Partners, The Arbor Company Plan Ga. Community Ga.-based Aspire Development Partners and The Arbor Company recently announced plans for the development of a cutting-edge senior living community in Georgia’s Cherokee County. The project site is located on Sixes Road near the master-planned Bridge Mill Golf and Country Club community. Construction, which […]
Like many senior living organizations that are rethinking dining operations, Kisco Senior Living is adapting its dining model toward a restaurant-style approach. But that’s not all it’s doing. With the help of its new culinary services leader, Matt Perez, who brings a wealth of experience in restaurants from Hawaii to California and beyond, the company […]
Construction: Planned Development Group Plans Construction of Henderson, Nevada Project to Include Senior Housing Developers of a massive, $1.2 billion multi-use development including a senior housing component are readying to break ground in Henderson, Nevada, near Las Vegas. The long-planned project has been met with its share of hurdles, but local reports indicate the project […]
Construction: Planned HCP Seeks $108 Million Redevelopment for Mixed-Use, MOB Project HCP, Inc. plans to purchase an aging assisted living tower in Fort Worth, Texas and redevelop it into apartments, retail, medical office and parking, reports Forth Worth Business Press. The Irvine, Calif.-based real estate investment trust (REIT) is seeking $3.9 million in reimbursement for […]
Construction: Planned Kendal at Ithaca Plans $39 Million Expansion and Renovation Project Kendal at Ithaca, a senior living community in New York, recently announced plans for a $39 million expansion that will include renovations to the community’s dining, wellness and fitness programs, among other areas, reports Ithaca.com. The 105-acre campus is currently awaiting final approval […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Kisco Senior Living Targets Mixed-Use Communities for $160M Pipeline—Recent development by Kisco may be some indication, but the owner-operator-developer has about $160 million worth of development still on the way. Much of the development will target mixed-use, master-planned […]
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