In the Pipeline: Senior Housing Construction Projects (10/27/16)

(Rendering of Arcardia Senior Living, located in Bowling Green, Kentucky —Photo courtesy of Arcadia Senior Living) Construction: Planned Arcadia Community Planned in Kentucky A new senior housing community in Bowling Green, Kentucky is being planned by Arcadia Communities. The community will be constructed on a seven acre portion of land and will encompass 80,000 square […]

Movers & Shakers: Sodexo’s New Senior Living Hire

Sodexo Names VP of Sales and Business Development for Senior Living Sodexo named Lindsay Casillas as vice president of sales and business development for senior living, focusing on accelerating growth of Sodexo’s seniors segment business in North America. She will also be a member of the seniors global leaderhsip team. Casillas joins Sodexo from Brookdale […]

Senior Housing Finance Activity: CNL Healthcare Properties II Breaks Escrow

CNL Healthcare Properties II Breaks Escrow Orlando, Florida-based CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and health care properties, has raised proceeds sufficient to break escrow in all states except Pennsylvania, Ohio, and Washington through its continuous public offering. CNL Healthcare Properties II has accepted subscription […]

In the Pipeline: Senior Housing Construction Projects (7/7/16)

(Rendering of The Buckingham located in Houston, Texas — Photo courtesy of The Buckingham) Construction: Planned Presbyterian Homes Plans $49.5 Million Redevelopment Project GracePointe Crossing, a Presbyterian Homes & Services senior living community, is planning a redevelopment project in Cambridge, Minn. The first phase of the project is expected to being in the fall. The community […]

In the Pipeline: Senior Housing Construction Projects (6/30/16)

(Photo of Sagewood’s Acacia Health Center located in Phoenix, Ariz. — Photo courtesy of Sagewood) Construction: Planned Stonecrest Community Planned, Town and Country, Mo. The official ground breaking in planned for next week in Town and Country, Mo. for Stonecrest, a premier assisted living and memory care community. Stonecrest is managed by Integral Senior Living […]

In the Pipeline: Senior Housing Construction Projects (4/28/16)

(Rendering of Solana Mount Pleasant, an independent, assisted living and memory care community being developed by Formation Development Group in Mount Pleasant, S.C.) Construction: Planned Formation Development Group Obtains Zoning for S.C. Project Formation Development Group, an Atlanta-based senior living developer and investor, has obtained zoning approval for a new senior housing community in Mount Pleasant, […]

Movers & Shakers: Columbia Pacific’s New Fund Manager

The Goodman Group Announces More Leadership Appointments After last week announcing the appointment of Craig Edinger as CEO, The Goodman Group revealed two more leadership moves: the promotion of Matthew Kern to national director of operations, and Shane Goodman to chief investment officer and president of JBG Design & Development. In his new role, Kern […]

Movers & Shakers: New Senior’s Chief Accounting Officer

New Senior Investment Group Appoints Chief Accounting Officer New Senior Investment Group (NYSE: SNR) appointed Bhairav Patel as the company’s chief accounting officer, effective March 30. Patel is a managing director in the private equity group of the company’s manager, FIG LLC, which is an affiliate of Fortress Investment Group LLC. Patel joined Fortress in […]

Senior Housing Finance Activity: CareTrust, Ziegler

CareTrust REIT, Inc. Announces Launch of Public Offering of Common Stock CareTrust REIT, Inc. (Nasdaq: CTRE) announced that, subject to market and other conditions, it plans to offer to sell 7.5 million shares of its common stock in an underwritten public offering. The company also expects to grant the underwriters a 30-day option to buy […]