Movers and Shakers — People and Positions for June, Part II

Senior living communities are bustling with change, as many of them appoint new directors and executive leadership to manage staff, residents and resources.   Looking for a new job, or even a new career? Check out senior housing employment opportunities nationwide on SHN’s job board, with La Costa Glen Carlsbad in California, Holy Redeemer Health […]

Senior Housing Investments & Acquisitions: LCB Senior Living, Griffin-American Healthcare REIT III

LCB Senior Living Acquires Mass. Assisted Living Community for $9.9 Million  LCB Senior Living, LLC acquired The Cedars Assisted Living community of Dartmouth, Mass., for $9.9 million on June 9. The community will be renamed The Residence at Cedar Dell, effective immediately.  The Residence at Cedar Dell, a 63,000-square-foot community, will include 78 independent, assisted […]

In the Pipeline: Senior Housing Construction Projects (4/10/14)

Construction: Planned Smith/Packett Planning 102-unit Assisted Living Project in Virginia Senior housing developer Smith/Packett has plans to build a 102-unit assisted living community in Tabb, Virginia, reports Williamsburg Yorktown Daily. An application for the project submitted by Smith/Packett outlines a two-story building totaling about 90,000-square-feet, including amenities such as activity rooms, a commercial kitchen, dining room, […]

In the Pipeline: Senior Housing Construction Projects (2/13/14)

Construction: Planned North Carolina SNF Plans $3 Million Expansion Liberty Healthcare & Rehabilitation has plans to expand one of its skilled nursing facilities (SNFs) in Advance, North Carolina—a project estimated to cost about $3 million, reports the local Business Journal. Though a general contractor has yet to be selected for the project, Liberty says the […]

In the Pipeline: Senior Housing Construction Projects (1/23/14)

Construction: Planned The Danza Group Plans $30 Million Hospital-to-Senior Living Conversion The Danza Group is seeking permission to have an independent living and assisted living community built on the site of the former Newcomb Hospital in Vineland, New Jersey, reports the Press of Atlantic City. The developer spent $5 million to buy the property a […]

In the Pipeline: Senior Housing Construction Projects (12/19/13)

Construction: Planned LCB Senior Living Seeks Approval for New Hampshire Assisted Living Norwood, Massachusetts-based LCB Senior Living is proposing to develop an 84-unit assisted living and memory care community for Salem, New Hampshire, reports New Hampshire Union Leader. Project plans detail a three-story, 73,000-square-foot building across from the Ingram Senior Center on Sally Sweets Way.  […]

In the Pipeline: Senior Housing Construction Projects (12/1/13)

Construction: Planned Developers to Break Ground on Rural Louisiana Assisted Living LaCour Health Care Center, LLC, will host a groundbreaking ceremony on December 10 for a new 60-unit assisted living community to be located in New Roads, Louisiana.   The community, LaCour House, will be a 59,560-square-foot project that is part of the USDA Rural […]

In the Pipeline: Senior Housing Construction Projects (10/31/13)

Construction: Planned Developers Propose St. Louis-Area $20 Million Assisted Living Project The Grove Assisted Living, LLC, and Long Road Acquisition, LLC, are proposing a $20 million assisted living and memory care project for the Sunset Hills area located just outside of St. Louis, Missouri, reports St. Louis Business Journal. The project, dubbed The Grove in […]

Senior Housing Investments & Acquisitions (10/29/13)

Capital Senior Living Buys Ohio Senior Living Community for $4 Million Capital Senior Living (NYSE:CSU) has acquired a senior living community in Middletown, Ohio for $4.1 million, reports the Dayton Business Journal. The Woodlands of Middletown has 61 units, comprised of 40 assisted living and 21 memory care units.  In September 2012, Rittenhouse Senior Living […]

Senior Housing Finance Activity: Cushman & Wakefield, Lancaster Pollard, Independa

Cushman & Wakefield Arrange $12 Million Acquisition Financing for LCB Cushman and Wakefield’s Senior Housing Capital Markets Group has arranged $12.3 million of capital for LCB Senior Living’s acquisition of a memory care community in Lincoln, Rhode Island. The acquisition financing was provided by Wells Fargo Bank, with joint venture equity provided by Prudential Real […]