Omega Healthcare Investors, Inc. (NYSE: OHI) expressed faith in one of its senior living partners during its latest earnings call—but also expressed some apparent reservations with respect to that company’s growth plans. Omega has conveyed interest in backing Maplewood Senior Living’s large growth plans over the next several years. However, executives of the Hunt Vally, […]
Maplewood Senior Living
Happy Monday, Senior Housing News readers! We’re happy to share that the San Diego Splash—the oldest (dare we say best?) team in the San Diego Women’s Basketball Association—has secured an official endorsement deal from Miracle Whip. “I couldn’t be happier because I’ve been a Miracle Whip fan since I was 3 years old,” team member […]
When it broke ground on a luxury highrise in Manhattan earlier this summer, Maplewood Senior Living also announced that the building would launch its new Inspīr brand. Maplewood now is detailing ambitious plans to create other Inspīr communities by pursuing a multi-billion dollar pipeline of developments both in U.S. and international urban markets. “There’s been […]
(Clarendale of Schererville rendering courtesy of LCS) Construction: Planned Seattle Community Getting $30 Million Facelift Transforming Age, a nonprofit that owns and operates 11 senior living communities in Washington and Minnesota, is planning some big upgrades for Parkshore, one of its properties in Seattle. The $30 million renovation project includes an aerobics room, green roof, […]
Construction: Planned Maplewood Senior Living to Grow Footprint in Connecticut Maplewood Senior Living has plans to inflate its presence in southern New England. The provider plans to break ground on a 34-unit expansion for its community in Darien, Connecticut, in late summer 2017. The expansion will increase Maplewood at Darien’s 66-unit community to 97 units. The interior […]
Construction: Planned Dominion Senior Living to Open Third Kentucky Community Dominion Senior Living of Florence has plans to open a new faith-based senior living community in Florence, Kentucky, its third in the state. The two-story community is expected to cost about $10.3 million and will offer assisted living and memory care services in 61 apartments. […]
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 […]
Maplewood Senior Living has a new plan: home care. The Westport, Connecticut-based senior living provider recently introduced Maplewood at Home, a new business segment that offers private duty, non-medical services to seniors living in Maplewood communities or in their own homes. The service is geared, in part, toward seniors who have no interest in moving […]
New Senior Appoints Interim CFO The board of directors of New Senior Investment Group Inc. (NYSE: SNR) appointed Bhairav Patel as interim CFO and treasurer, effective as of Sept. 26. The announcement comes as Justine Cheng resigned from the roles to pursue a new professional opportunity, according to an SEC filing from the company. Patel […]
(Project rendering of Dominion Senior Living of Richmond located in Richmond, Ky.) Construction: Planned Dominion Senior Living Announces Master-Planned Community in Ky. Knoxville, Ky.-based senior housing provider Dominion Senior Living will soon begin construction on a new assisted living and memory care community in Richmond, Ky., the company announced this week. Dominion Senior Living of […]
Subscribe
Receive industry updates and breaking news from SHN