Transactions & Financings: Midwest Health’s $84M Refinancing; MBK Acquires California Community

KeyBank secures $84M financing for 11-property Midwest Health portfolio. A KeyBank Real Estate Capital team led by Vice President Lee Delaveris secured an $84 financing package through Fannie Mae for an 11-property portfolio consisting of independent living and assisted living facilities owned and operated by Midwest Health. The portfolio comprises 584 units with properties located […]

In the Pipeline: Mixed-Use Senior Housing; LCS to Manage $150M Community in Florida

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Dallas Community Announces Expansion Presbyterian Village North, a non-profit senior living community in Dallas, […]

Transactions & Financings: HJ Sims, JCH Senior Housing Investment Brokerage

HJ Sims Arranges Closing of $15 Million Loan for Life Plan Community in Atlanta HJ Sims recently facilitated the closing of a $15 million revolving pre-development financing for a life plan community in Atlanta, Georgia. The community—Lenbrook—anticipates incurring up to roughly $15 million in pre-development costs for a planned expansion. The pre-development costs will mainly […]

Movers & Shakers: The Goodman Group, Erickson Living

Clearwater Living Appoints Senior Vice President of Sales and Marketing Newport Beach, California-based Clearwater Living has appointed Kristine Delgado as senior vice president of sales and marketing. Delgado brings 20 years of industry experience to her new role with Clearwater, where she will oversee the organization’s daily sales and marketing operations, as well as manage […]

Senior Living and the City: Hottest Urban Design Trends

Senior living projects in city centers are not for the faint of heart. Between high land and construction costs, site scarcity, lengthy entitlement processes and sticker shock for lenders, taking on this type of development is no easy endeavor—and that’s not to mention design constraints. But given the unique strategies the majority of senior living […]

Movers & Shakers: LifeSpire, Van Dyk

LifeSpire of Virginia Elects Chair to Board of Trustees LifeSpire of Virginia elected Susan Rucker as chair of its board of trustees. She was elected to a three-year term and assumed her duties Jan. 1, presiding over the board’s first meeting of 2017 in early March at Lakewood, a community in Richmond, Virginia. Rucker is […]

Why CCRC Residents Are Taking Tech Support Into Their Own Hands

Senior living providers know they should keep up with new technology trends, but it’s tough to know what to invest in and how to get more residents engaged with tech. One continuing care retirement community (CCRC) in Atlanta has found an advantage in having tech super-users living among those who are just learning the ropes. […]

Movers & Shakers: Senior Lifestyle’s New COO

Senior Lifestyle Announces New COO Chicago-based owner, operator and developer Senior Lifestyle Corp. announced the appointment of Lisa A. Fordyce as COO, where she will be responsible for leading the company’s operational business strategies and care initiatives. Before joining Senior Lifestyle, Fordyce served as a vice president of operations at Emeritus Senior Living, leading its […]

Movers & Shakers: Holland Home’s New CEO

The Weitz Company Welcomes New Business Development Director The Weitz Company has appointed Andrew Fisher as the firm’s director of business development for senior living. Fisher has worked in the senior living industry for more than 20 years, serving most recently as COO for a senior living company with operations in Nebraska and Iowa. In […]