With Covid-19 dominating the news for most of 2020, it’s no surprise that the most-read stories of the year were all related to the pandemic. In particular, readers were interested in how Covid-19 might change the way that communities are designed, with the top two stories both focused on this topic. And the hottest design […]
Covid-19 has made “density” a dirty word in real estate, and senior living developers are taking heed. Some data indicate an exodus is occurring from the most densely populated urban centers in the United States, in part because people are wary of coronavirus outbreaks like the one that beleaguered New York City in the early […]
Ziegler completes 3 transactions totaling $240M Ziegler completed the following transactions: A Series 2020 Bond package totaling $199.4 million for Acts Life-Retirement Communities, consisting of $115.11 million in Series 2020 tax-exempt bonds and $84.3 million in 2020 taxable bonds. The tax-exempt bonds were issued through the Wisconsin Public Finance Authority, Palm Beach County (Florida) Health […]
Over the past three months, senior living providers have embraced telehealth during shelter-in-place orders. At the same time, the way providers and residents use telehealth, along with the forces propelling it forward, continue to evolve. Changes in federal policy and new flexibilities from insurers — some of them from before the pandemic — have made […]
Covid-19 has caused a slowdown in senior housing construction across the country, and will delay one of the largest projects underway: the Manhattan highrise that will launch Maplewood Senior Living’s Inspir brand. Initially scheduled to open at the end of Q1 2020, Inspir Carnegie Hill now is on track to open in the third quarter […]
The Covid-19 pandemic has exposed how much the senior care industry lags in embracing technology for workforces and residents, and now providers are sprinting to implement solutions. As a result, technology providers are clocking huge surges in demand, with telehealth solutions and resident engagement/communication tools among the most sought-after products. This marks a jaw-dropping development […]
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Chicago-based firms Anthology Senior Living and K Giles have joined forces in a bid to redevelop a landmark property in the Windy City, in a project that would include 220 highrise senior living units. Representatives of Anthology and K Giles presented their plans at a community meeting on Monday, local news source Block Club Chicago […]
A high-profile continuing care retirement community (CCRC) in Chicago that rebounded after financial and operational difficulties years ago has been sold for a reported $105 million. Des Moines, Iowa-based senior living company LCS and Harrison, New York-based Senior Care Development have bought private-equity firm Fundamental Advisors’ 75% stake in the 334-unit community in Chicago’s Gold […]
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 […]