There are no notable surprises at the top of Argentum’s 2019 list of the largest providers in senior living, although there are some new additions to the expanded list. The industry association’s overall list now includes 140 providers and 624,795 units, compared to last year’s total of 125 providers and 586,662 units. For the first […]
New Perspective Senior Living
As with many who enter senior living, New Perspective Senior Living CFO Ryan Novaczyk’s story is personal. He and his family cared for his grandmother Betty in their home, who was diagnosed with Alzheimer’s, Novaczyk told SHN. For seven years, Novaczyk and his parents kept Betty busy: doing chores; participating in arts and crafts; activities […]
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 […]
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 […]
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, […]
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