WRC Development Continues to Expand Towne Club Senior Living Brand

WRC Development Partners started building senior housing out of necessity, but solid returns have led to a robust platform. Today, the affiliate of New York City-based real estate investment brokerage and construction consultant Whitestone Realty Capital has operational partnerships with three highly regarded operators, a deep development pipeline and an eye on exiting the properties […]

Transactions & Financings: CIT Group’s $64M Refinancing; Focus Healthcare Partners’ $65M Virginia Acquisition

CBRE arranges $65 million acquisition financing for Virginia CCRC CBRE National Senior Housing Vice Chairman Aron Will and First Vice President Austin Sacco arranged a $65.2 million acquisition financing package for The Virginian, a 306-unit rental continuing care retirement community (CCRC) in Fairfax, Virginia. Will and Sacco worked on behalf of Focus Healthcare Partners to […]

Movers & Shakers: Ryan Companies Names CFO; Mather’s New SVP of Strategic Initiatives

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one year. Visit SHN Jobs today. […]

Argentum Unveils Apprenticeship for Senior Living Caregivers, Nursing Assistants

Senior living industry association Argentum on Tuesday announced new efforts to recruit, retain, and measure the senior living workforce. At the forefront of those efforts is an apprenticeship for nursing assistants and caregivers in senior living, which the organization is collaborating on with a steering group that includes industry stakeholders Brookdale Senior Living (NYSE: BKD), […]

Developers Gain Upside with Senior Living, University Tie-Ins

University partnerships have long garnered interest among senior housing developers, driven by a built-in intergenerational component, availability of land and the opportunity to establish shared synergies between communities and the schools. As this trend develops, these joint ventures are bringing senior housing communities closer to the central campus, laying the groundwork to creating tomorrow’s intergenerational […]

Best Post-Acute Design of 2018: Gaining New Revenue with Hospitality-Inspired Upgrades

Patients and visitors might not immediately realize that Premier Place — a post-acute and skilled nursing center in Naples, Florida — is part of the adjacent Glenview at Pelican Bay retirement community. That’s because Premier Place has a brand identity of its own, with a distinctive look and feel, thanks to a recent comprehensive renovation. […]

LCS, Purchase College Building $320 Million, On-Campus Independent Living

A growing number of colleges are building senior housing near their campuses. Now, one New York school is going a step further, building a community on its campus. Purchase College — part of the State University of New York system (SUNY) — recently announced plans for Broadview Senior Living at Purchase College. The Purchase, New […]