(Edgemere Cocktail Lounge – Photo Courtesy of Senior Quality Lifestyles Corporation) Construction: Planned Dallas CCRC Plans $36 Million Expansion Edgemere, a continuing care retirement community (CCRC) in Dallas, will soon begin a large-scale expansion and renovation project to address the growing demand for senior living options in the area. Financing for the project was completed through […]
National Church Residences
Construction: Planned Carriage Hill Assisted Living to Break Ground Next Week Carriage Hill Assisted Living will break ground on a new assisted living facility in Madbury, New Hampshire on March 26, the company said in a release. The 24-bed facility will feature architectural features in the style of a New England barn, living rooms, a […]
Construction: Planned Erickson Living Plans Expansion at Mass. CCRC Erickson Living’s Brooksby Village, a continuing care retirement community (CCRC) in Peabody, Mass., plans to expand its existing campus by adding a one-story addition to its Extended Care Center, according to plans the company filed with the city, as reported by The Salem News. The expansion will […]
Construction: Planned Ryan Companies Plan Senior Living Community for Sioux Falls, SD Minneapolis-based developer Ryan Companies received approval from the Sioux Falls Planning Commission to build a 145-unit senior housing community near Lake Lorraine in Sioux Falls, South Dakota, reports local Keloland TV. Grand Living, as the project is dubbed in Ryan Companies’ plans, is […]
Senior housing operators will be forced to address the growing need of low- to moderate-income seniors in the coming years, as an estimated 3.5 million seniors today don’t have enough money to pay for higher acuity services. The high-end senior living facilities that have emerged within the past few years just won’t cut it when […]
Following the release of the LeadingAge-Ziegler 100, the two companies have teamed up again to rank the largest nonprofit affordable senior housing providers in the country. The 2013 LeadingAge-Ziegler 100 finds that Ohio-based National Church Residences is the largest not-for-profit affordable housing provider with more than 16,000 residents being served across 228 communities. The list […]
Recognizing an industrywide trend, one nonprofit developer of affordable senior housing has expanded its supportive services to include both residential and medical care under one roof, The Columbus Dispatch reports. National Church Residences (NCR), a Columbus, Ohio-based provider, offers health care at dozens of its Ohio locations, which include assisted living, home health care and […]
National Church Residences has completed the sale of $52,405,000 in bonds and invested another $10 million to allow First Community Village, a continuing care retirement community it sponsors, to emerge from Chapter 11 bankruptcy, the not-for-profit announced last week. The bond proceeds will also be used to fund the construction of more manor homes along […]
Happy New Year, senior housing professionals! It’s 2013, and we have a whole new round-up of people who have been making moves and shaking things up in the industry. Did any of your new year’s resolutions include taking a new position or joining a different company? Look for senior housing jobs nationwide on SHN’s job board. Employers: Take […]
The Department of Housing and Urban Development (HUD) is awarding nearly $26 million in grants to the owners of 11 multi-family housing developments to convert a portion of their apartments into assisted living or service-enriched units. The funding is provided through HUD’s Assisted Living Conversion Program, meant to support the transformation of housing into service-enriched […]
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