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 […]

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.  […]

LCS-Westminster Fund Secures Financing for $161 Million CCRC

A joint venture partnership between LCS and The Westminster Funds has completed financing for Trillium Woods, a planned $161 million continuing care retirement community in Plymouth, Minn.  Trillium Woods is the fifth CCRC developed by the joint venture partnership and is one of seven total in the overall portfolio.  LCS-Westminster Partnership V LLP began the process […]

In the Pipeline: Senior Housing Construction Projects (9/19/13)

Construction: Planned South Carolina Developers Plan $44 Million Senior Living Center Plans to build a $44 million senior living center in South Carolina are on track to begin construction in February or March 2014, reports Herald Online. The 52-acre mixed-use senior living campus in York, S.C., is currently finishing a second market study, according to […]