Senior Housing Investments and Acquisitions (2/11/13)

REIT Buys N.C. ALF for $9.7 Million in Sale-Leaseback Transaction with Meridian Meridian Senior Living recently sold an assisted living community to Cornerstone Core Properties REIT Inc., an investment fund of Irvine, Calif.-based Cornerstone Real Estate Funds, for $9.7 million in a sale-leaseback transaction, reports The Business Journal. Danby House is a 100-bed, 27,129-square-foot community […]

Senior Housing Investments & Acquisitions (1/13/13)

Platinum Healthcare Sells Six-Property Ill. Skilled Nursing Portfolio for $48.5 Million Platinum Healthcare recently sold a six-property skilled nursing portfolio for $48.5 million in a transaction handled by Senior Living Investment Brokerage, Inc. The 822-bed portfolio had been owned and operated by a Midwest operator of long-term care properties. The senior care communities are located […]

Proactive Collaboration Bridges Senior Care Gaps, Reduces ER Visits

Identifying care gaps and bridging them through a care collaboration has helped one nonprofit senior living organization reduce the number of emergency room visits and rehospitalizations among its residents to a nearby hospital. Hospitals are more conscious than ever of the need to provide quality care and prevent readmissions now that Medicare is docking reimbursements […]

In the Pipeline: Senior Housing Construction Projects (10/10/12)

NewCourtland Plans $5.6 Million Senior Housing Conversion Project Nonprofit community services provider NewCourtland recently broke ground on a $5.6 million conversion project that will turn a vacant suit factory into a senior housing and care campus. The LIFE (Living Independently for Elders) center, in Philadelphia, Pa., will be located in a five-story former suit plant on […]

In the Pipeline: Senior Housing Construction Projects (6/13/2012)

Construction: Planned Developer Planning $76.6 Million Senior Housing Complex in Florida Project Holding 1 LLC, owned by Rajia Ackley, CEO of Coldwell Banker Ackley Realty, is planning an estimated $76.6 million, 22-acre senior housing complex in Kissimmee, Fla., reports the local Business Journal.  The plan includes a five-story, 655,580-square-foot senior housing project, called Shingle Creek […]