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 […]
MorningStar Senior Living
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 […]
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 Hunt Midwest Planning New Projects in Florida and Tennessee Hunt Midwest Real Estate Development […]
SHN’s Movers & Shakers Column is sponsored by the SHN Job Board. To look for a new job for yourself or a friend, visit https://jobs.seniorhousingnews.com. If you’re an employer, post your senior living jobs with us and attract the industry’s best-read professionals today. Have hiring/staffing announcements? Send them to [email protected] Springpoint Senior Living Promotes Woodward […]
Though it’s just his second week on the job, MorningStar Senior Living’s new COO, Jim Parker, is already thinking about the next decade of growth and development. MorningStar currently is in expansion mode, and Parker is focused on keeping the company’s culture and mission strong while adding scale. Parker, who last served as senior vice […]
This week’s 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 & design trends, the annual SHN Awards Competition. Construction: Planned Apartment Complex Near Orlando to Include Assisted Living and Memory Care A […]
Construction: Announced New Community Planned in Arizona Investment Property Associates (IPA) and Ryan Companies have announced a senior living community in Scottsdale, Arizona. The community, Generations at Pinnacle Peak, is will have 90 independent and assisted living units and 20 memory care units, according to a release on AZ Big Media. IPA will operate the community […]
(Thrive Dining photo courtesy of Watermark Retirement Communities) The way some memory care programs feed their residents is rapidly changing. At many senior living communities, the standard mealtime practice for seniors with dementia is for caregivers to feed them things like chicken nuggets, fish sticks, french fries and purees. Those foods are easily identifiable and don’t require utensils to […]
(Patrick Square front rendering courtesy of Dominion Senior Living) Construction: Planned Watercrest, United Properties Teaming Up on Florida Community Operator Watercrest Senior Living Group and developer United Properties are teaming up to open a 128-unit luxury senior living community in Naples, Florida, the companies announced jointly. United Properties purchased the property in 2016. The two […]
If the senior living industry faces one imminent challenge related to the looming demand wave, it’s staffing. Widespread labor shortages and stiff competition in some markets makes hiring good employees particularly challenging these days. Can anything be done about it? Four senior living CEOs tackled that very question during a July 13 panel discussion moderated by PointClickCare’s […]