Transactions & Financings: Columbia Pacific’s $136M India JV; CBRE Arranges $40M Financing Package

Columbia Pacific, Embassy Group to invest $136M in India Columbia Pacific Communities is partnering with Indian real estate developer, Embassy Group, to develop a pipeline of senior housing communities in major population hubs across India, Mint reports. The venture will invest ₹1,000 crore – $136.3 million in U.S. dollars – to develop a pipeline of […]

Inside Presbyterian Villages of Michigan’s 30-Year Journey Toward Greater Racial Equity

Many senior living providers say they stand with the Black Lives Matter movement, recognize the need to address systemic racism and are committed to increasing diversity, inclusion and justice within their companies. But having the fortitude to keep pursuing such daunting goals over a period of many years is a serious challenge. Senior living organizations […]

Movers & Shakers: Premier Senior Living’s New Directors

Pinnacle Chairman Appointed to Long-Term Care Board Rob McCabe, Pinnacle Financial Partner’s co-founder and chairman, has been appointed to the board of Diversicare Healthcare Services, a long-term care provider located in Brentwood. Pinnacle Financial Partners is a Nashville-based financial firm with $6 billion in assets. McCabe will serve as a member of the board’s audit […]

Adding Home Care to Senior Living: Build it or Buy It?

For senior living providers looking to expand their service offerings, branching into home care isn’t a far stretch. But whether that growth means building a home care program from square one, or buying the service line via acquisition, there are some serious considerations providers need to bear in mind when developing a strategy that best fits […]

Senior Living-Home Health Joint Ventures Offer Win-Win

Forward-thinking senior living providers recognize that home health offers a strategic growth area, given seniors’ preferences for aging in place and U.S. health system changes that encourage care in lower-cost settings. A new joint venture in Michigan provides one possibly overlooked model, based on the idea that senior living and home health companies both could […]

Movers & Shakers — People and Positions for December, Part III

Washington CCRC’s Health Services Admin Appointed to State Board   Emerald Heights, a Type-A continuing care retirement community (CCRC) in Redmond, Wash., has announced that Annie Zell, the community’s health services administrator, was recently appointed by the governor of washington to serve on the state’s Board of Nursing Home Administrators. Zell has been a part […]

In the Pipeline: Senior Housing Construction Projects (1/9/14)

Construction: Planned Isakson Living $200M CCRC Delayed Again A $200 million senior living project from Isakson Living has been delayed again following the rescheduling of a zoning hearing by the Cobb Planning Commission of Cobb County Georgia, reports the local Patch. The delay, according to Patch, was due to the commission’s decision to appoint a […]

In the Pipeline: Senior Housing Construction Projects (7/17/13)

Construction: Planned Developer Plans $79 Million New Mexico CCRC Colorado-based developer GlobalWorks plans to build a $79 million continuing care retirement community (CCRC) in Bloomfield, New Mexico, reports The Daily Times of Farmington, NM.  The 18-acre project called WaterFall Living Community would feature 253 residences that include a mix of independent living, assisted living and hospice […]

In the Pipeline: Senior Housing Construction Projects (4/10/13)

Construction: Planned Foreign Investment Program Propels Assisted Living Project With the help of a program that recruits foreign investors, Ridgeline Management Group is looking to break ground on a senior living community in Oregon as early as mid-summer, reports the Albany Democrat Herald. The 92-bed assisted living community will be a three-story 72,000-square-foot building on […]