In the Pipeline: Senior Housing Construction Projects (2/27/14)

Construction: Planned Developers Plan $40 Million Lake Geneva Senior Housing Whitestone Realty Capital plans to build a $40 million, 126-unit senior housing community near a Lake Geneva resort, reports Milwaukee Business Journal. The development will offer 100 independent living units, 40 assisted and 20 memory care, according to an official from Whitestone cited in the […]

Top U.S. Senior Housing Operators of 2013

Size matters for the top U.S. senior housing operators of 2013 as both Brookdale Senior Living Inc. (NYSE: BKD) and Emeritus Senior Living (NYSE: ESC) took the #1 and #2 spots in the latest American Seniors Housing Association (ASHA) Top 50 list. The ASHA 50, released by the National Real Estate Investor, ranks the largest […]

Best of Senior Housing Design 2013: Not Your Parents’ Nursing Home

As senior living design increases focus on accommodating the preferences of both today’s and tomorrow’s consumer, the days of the “institutional” nursing home are dwindling. Developers of the Wellbrooke of Westfield, a skilled nursing and assisted living community in Indiana that took top marks in the first-ever Senior Housing Design Awards 2013, realized this paradigm […]

Obamacare Employer Mandate Delayed Again—For Some

Mid-size employers have an additional year’s time before they must provide health insurance to qualifying employees under the Affordable Care Act.  Businesses with between 50-99 employees are not required to offer health insurance to full-time workers until 2016, according to a senior official with the Obama Administration, reports the Washington Post.  Last July, implementation of […]

LCS Set to Beef Up Non-CCRC Business After Encore Acquisition

Fresh off the acquisition of senior living management company Encore Senior Living, LCS is beefing up activity outside of its traditional continuing care retirement community sweet spot.  One of LCS’s top strategic objectives is to achieve diversification within the senior housing space, says executive vice president and chief development officer Joel Nelson, a strategy the […]

Most Popular Senior Housing News of the Week: High-End Developer Seeks Affordable Niche

In case you missed it, here are the top five stories grabbing Senior Housing News readers’ attention this week: Texas Senior Housing Newcomer Avanti Plans 7 New Communities for 2014—The relative newcomer to senior living development and operations, Avanti Senior Living, announced it has plans to develop seven new properties this year in Texas—and beyond. […]

LCS Buys Encore Senior Living to Expand Beyond CCRC Business

LCS announced an agreement to acquire Encore Senior Living, a management company based in Portland, Ore. that operates nine communities across the country. Under the deal, Peter Muhlbach, Encore’s principal and several other key employees will join LCS and continue to manage the communities under the Encore brand. The acquisition becomes effective February 1, 2014, […]

Titan Development, LCS Partner for 10-Site Senior Living Pipeline

A partnership between Titan Development’s senior living arm and LCS has 10 senior living projects lined up in three states, with an estimated $266 million price tag.  Those projects will break ground in stages, says Titan Senior Living president David Dronet, with a new community expected to break ground roughly each quarter.  Five of the […]

Senior Living Mulls ‘Pay or Play’ in 2014 Ahead of ACA’s Employer Mandate

The postponed implementation of the Affordable Care Act’s provision for employer-sponsored health insurance has given senior living providers an extra year to figure out their coverage plan and staffing strategy—time that can’t be wasted, industry stakeholders say. Originally slated to take effect in January 2014, the ACA’s “employer mandate/employer penalty” was delayed until 2015. It requires […]