McCaffery CEO: Right Design, Operator Behind $500M Senior Housing Pipeline

McCaffery Interests’ entry into senior housing can be summed up in three words. “Development follows demand,” CEO Dan McCaffery told Senior Housing News. The Chicago-based developer broke ground last week on Modena Reserve at Kensington, a $75 million, 135-unit community with independent living, assisted living and memory care in Kensington, Maryland with operating partner, Denver-based […]

In the Pipeline: Traditions Project in Indiana; Capitol Seniors Housing Opens Boston Community

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 p, the annual SHN Awards Competition. Construction: Planned MorningStar to Enter Texas Market MorningStar Senior Living is entering the Texas market with […]

MorningStar Teams with Hines on Developments, Will Enter Texas

MorningStar Senior Living has amassed a portfolio of communities in the western half of the continental U.S. Now the company is entering the Texas market with a prominent developer in place. Denver-Based MorningStar announced Thursday it is partnering with Hines Interests, the Houston-based international real estate developer, to build a senior care community in Houston’s […]

In the Pipeline: MorningStar’s Next Projects; Thrive Opens Georgia Community

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 MorningStar to Open Communities in Oregon, Colorado MorningStar Senior Living is opening its third […]

Transactions & Financings: Welltower’s San Antonio Portfolio Buy; SunTrust’s $69M Financing

Welltower acquires San Antonio senior living portfolio Toledo, Ohio-based health care real estate investment trust (REIT) Welltower (NYSE: WELL) acquired a two-building senior housing portfolio in San Antonio, Texas, totaling 335 units. The seller was Dallas-based senior housing developer, South Bay Partners.The two adjacent buildings, Watercrest at Dominion (230 units) and Isle at Watercrest Dominion […]

Transactions & Financings: Charter Senior Living, Grandbridge Seniors Housing

KeyBank Originates Financing for Chicago Pacific Founders Acquisition KeyBank Real Estate Capital recently originated the $14.4 million Fannie Mae financing for Chicago Pacific Founders’ purchase of Parkrose Estates Retirement Community, a 100-unit senior housing community in Liverpool, New York. Charlie Shoop of Key’s Commercial Mortgage Group arranged the financing, which provided a low-cost, floating-rate loan with […]

How to Create ‘Ratatouille Moments’ in Memory Care Dining

A surly restaurant critic takes a bite of the French vegetable dish called ratatouille and his heart melts, as he is transported back to eating his mother’s version in his childhood. This is a climactic moment of the animated film “Ratatouille,” and it’s the kind of dining experience that chefs around the world aspire to […]