Transactions Blueprint advises sale of two Philadelphia communities Blueprint worked with a national investor in order to “maximize the value” of two Class A assisted living and memory care communities within the Philadelphia metropolitan area. The communities were opened in 2016 and 2020 and have more than 200 assisted living and memory care units. The […]
Pacific Retirement Services
Pine Park Health is expanding its value-based health care model further into the affordable senior housing sector. Pine Park Health Chief Commercial Officer Dan O’Neill announced last week on LinkedIn that the company has expanded its value-based, in-home primary care model to serve nearly 400 more residents in Northern California. Pine Park currently operates in […]
On Arizona State University’s Tempe, Arizona campus sits the latest evolution of university-based senior living. The project, Mirabella at ASU, is an effort from Pacific Retirement Services to push the boundaries of senior living highrise design. It is the third community in Medford, Oregon-based owner/operator’s growing Mirabella brand. The 20-story continuing care retirement community (CCRC) […]
Earlier this year as the first vaccines flowed into senior living communities, it seemed as though the lockdowns and restrictions of 2020 were soon to be a distant memory. Now, a new and significantly more infectious strain of coronavirus dubbed the delta variant threatens to derail some of that progress, and the industry is monitoring […]
Pacific Retirement Services (PRS) was in talks with eight different universities last year when the pandemic hit, putting forward progress on ice. But the Medford, Oregon-based organization’s new CEO, Eric Sholty, believes demand for these types of projects will come back when conditions in the senior living industry return to normal. In addition to its […]
Pacific Retirement Services (PRS) was in talks for new senior housing projects with eight different universities last year when the pandemic hit and demand for those projects dried up. But that doesn’t worry Eric Sholty, who took the reins as the Medford, Oregon-based organization’s new president and CEO on Jan. 1. Sholty believes it’s only […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View this year’s winning entries here. Planned Avenida Plans Active Adult Project Near Nashville Avenida Partners is planning a new active adult community in Hendersonville, Tennessee. […]
One non-profit developer, owner and operator of continuing care retirement communities (CCRCs) is betting that more seniors will flock to the urban high-rise model of senior living, especially if there’s a university affiliation involved. Medford, Oregon-based Pacific Retirement Services (PRS) is moving full steam ahead with its plan to open Mirabella-branded senior living high-rises in […]
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 Vi Living Adding ‘Bigger Apartments’ at Florida Community Roomier senior housing is in the […]
Construction: Planned Avanti Senior Living Plans Two New Luxury Communities for La. Avanti Senior Living, a development, operations and management company, is planning to expand into Louisiana’s Baton Rouge and Lafayette markets later this year with two new luxury assisted living communities. In Baton Rouge, the Woodlands, Texas-based company plans to break ground on a […]
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