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 Wolff Sets Grand Openings for Communities in Washington, Idaho The Wolff Company has announced forthcoming grand […]
New Perspective Senior Living has a goal to serve 10,000 older adults by 2025, up from the roughly 2,200 residents it currently has. To help hit that milestone, the Eden Prairie, Minnesota-based developer, owner and operator has expanded its senior housing pipeline to hold as many as three to five new construction projects a year, […]
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 New Perspective to Develop Wisconsin Community New Perspective Senior Living is set to start work later […]
MedCore Partners completes $98 million portfolio acquisition in Utah, Arizona MedCore Partners, along with SunTrust Bank and Trinity Private Equity Group, acquired a 409-unit assisted living and memory care portfolio in four markets across Arizona and Utah. The total acquisition cost was $98 million. The communities include assisted living and memory care assets: Caliche Senior […]
Cushman & Wakefield brokers $48.5 million South Carolina assisted living portfolio sale Cushman & Wakefield Senior Director Paul Carr, Director David Kliewer and Executive Director Allen McMurtry represented Graycliff Capital Senior Housing in the $48.4 million sale of three assisted living and memory care communities in South Carolina’s upstate region. The buyer was Birmingham, Alabama-based […]
Erickson Living Plans Retirement Community at Marriott International HQ Erickson Living announced this week it would repurpose Marriott International’s 775,000 square-feet global headquarters in Bethesda, Maryland, into a continuing care retirement community, once the hotel conglomerate relocates to its new headquarters in downtown Bethesda, in 2022. Marriott broke ground on the 1 million square-foot project […]
A push to set in stone a new Washington State University institute named in honor of a senior living pioneer is coming close to bearing fruit. Already, the ongoing launch effort has garnered nearly $2.5 million in naming gift donations this year with more on the way, and is moving steadily along in its planning process at the Pullman, […]
The United States is in the midst of an opioid epidemic that has lasted for years—and it’s become a concern in the senior housing industry. To avoid opioid misuse in senior housing communities, it’s important to ensure pain management is a team effort and that opioids aren’t the first line of defense against chronic pain, […]
A staggering 40% of older adults treat chronic pain with opioids according to the New England Journal of Medicine. Prevalence of use, dangerous side effects and looming regulation has created a perfect storm of pressure on senior housing operators to address prescription drug use in their communities. Attendees of the Opioids & Senior Living: How […]
New Perspective Teams Up with Roobrik for Assessment Tool Eden Prairie, Minnesota-based New Perspective Senior Living recently partnered with Durham, North Carolina-based Roobrik, a provider of human-centric decision tools for age-related health and care decisions, to make an online assessment tool publicly available online. Specifically, Roobrik’s “Is it time to get help?” tool guides users […]