In the Pipeline: Senior Housing Construction Projects (1/8/15)

Construction: Planned CareTrust REIT Completes $7.5 Million Investment to Build Upscale Colorado Community CareTrust REIT, Inc. (NASDAQ: CTRE) announced today that is has completed a $7.5 million preferred equity investment with Signature Senior Living and Vancouver, Washington-based Milestone Retirement Communities. The investment will be used to develop Signature Senior Living at Arvada, a planned 134-unit […]

In the Pipeline: Senior Housing Construction Projects (1/5/14)

Construction: Planned Omega Communities Buys Fla. Site for New $25 Million Community Birmingham, Ala.-based developer Omega Communities this month acquired a nine-acre site in Fort Myers, Fla., which will be the location of the company’s third project in southwest Florida this year. Unlike Omega’s other projects, the Fort Myers development will be the company’s first […]

Senior Housing News Recap: Top Stories of 2014

Senior Housing News kept readers in the front lines of pivotal and breaking senior living industry happenings in 2014 — from billion dollar mergers and acquisitions, to new and innovative practices among providers, to advancements in memory care dining and cutting edge senior housing designs.  Here’s a list of Senior Housing News‘s most popular posts […]

In the Pipeline: Senior Housing Construction Projects (12/11/14)

Construction: Planned Alaska Developers Inch Forward on Proposed Senior Housing Complex Ward Cove Group is proposing to develop a senior housing complex in Alaska’s Ketchikan Ward Lake-Revilla Road area, a project developers say will address a shortage of housing options for senior citizens, reports local KRBD. Despite hesitation on the part of the Borough Assembly, […]

In the Pipeline: Senior Housing Construction Projects (7/3/14)

Construction: Planned Developers Propose 239-Unit Senior Living Complex in Georgia Nonprofit the Beverly J. Searles Foundation is proposing to build a 239-unit senior living community in Fayetteville, Georgia, reports The Citizen. The Lafayette Place proposal calls for developing a 13.7-acre site to include 125 independent living units, 24 independent “quad” villas, 60 assisted living units and […]

Most Popular News of the Week: Immigration Program Funds Senior Living Projects

In case you missed it…here are the top five headlines grabbing SHN readers’ attention this week: EB-5 Funding Booms for Senior Living Development—The Immigrant Investor Program is gaining steam as a growing source of funding for senior living developers, some of which include Omega Communities and RockBridge Senior Living. Brookdale to Change Community Names Under […]

EB-5 Funding Booms for Senior Living Development

Move over, REITs and private equity—immigrant investors are a growing funding source for senior living development via a government Green Card program that’s gaining steam in the United States. The Immigrant Investor Program—call EB-5—is contributing millions of dollars in capital for some senior living developers. Omega Communities and RockBridge Senior Living are among the senior […]

Omega Communities Plans $200M Mega-Church Model Pipeline

A relative newcomer to the senior housing space is making headway with nearly 10 projects in its mega church-model pipeline thanks to assembling a team of senior housing industry mainstays. Omega Communities, LLC was founded by Pat Trammell, Jr., the chairman and CEO, around three years ago. The concept for each senior living community project includes […]