A little over 20 years ago, Bill Kaplan had a fateful meeting with Chicago Mayor Richard Daley. At the time, Kaplan was an entrepreneur of growing stature in the Windy City. The company he had co-founded, Senior Lifestyle Corp., had a small but growing portfolio of private-pay senior living communities. Seeing that success, Mayor Daley […]
Life Care Services has the most satisfied residents among eight large industry competitors, according to a new study from global marketing information services company J.D. Power. Des Moines, Iowa-based Life Care Services, an LCS company, took the top spot, followed by McLean, Virginia-based Sunrise Senior Living; Newton, Massachusetts-based Five Star Senior Living (NYSE: FVE); and […]
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 Planned Ryan Cos. Master Plan Project May Include Senior Housing Ryan Companies has presented […]
In just three months, Fortune magazine will publish the first-ever “Best Workplaces in Aging Services” list. To be considered for inclusion, senior housing and care providers had to complete an initial process by June 18, to become “certified.” With that deadline now past and the industry data being analyzed, some surprising results are emerging related […]
KeyBank Originates Financing for Chicago Pacific Founders Acquisition KeyBank Real Estate Capital recently originated the $14.4 million Fannie Mae financing for Chicago Pacific Founders’ purchase of Parkrose Estates Retirement Community, a 100-unit senior housing community in Liverpool, New York. Charlie Shoop of Key’s Commercial Mortgage Group arranged the financing, which provided a low-cost, floating-rate loan with […]
*Editor’s Note: This story has been corrected from a previous version, which inaccurately stated there was a significant decrease in total units among the largest providers. This was based on a mistaken analysis of the data, confusing resident capacity with unit count. Argentum’s 2016 rankings were based on resident capacity, and this year the rankings […]
Sabra Health Care REIT Announces $430 Million Deal Sabra Health Care REIT (Nasdaq: SBRA) recently revealed a plan to buy 24 skilled nursing and transitional care units on the West Coast for $430 million. Read more at Skilled Nursing News. Sagora Senior Living Purchases Community in Kingwood, Texas Fort Worth, Texas-based Sagora Senior Living recently purchased the […]
If you’ve got open positions you need to fill within your organization, the Senior Housing News Job Board is the one place to visit. Browse our job board for positions in Sales, Marketing, Operations, and more. Post your job opportunities today and reach the most up to date candidates in the industry. This week’s senior […]
Construction: Planned Construction Set to Begin on New Senior Community Located in Wilmington, Delaware, HarborChase of Wilmington is set to be underway soon. The community will have 64 apartments for assisted living apartments and 32 for memory care. Residents will be able to enjoy a chef’s fare dining program with seasonal options and a customized […]
Many Chicago Cubs fans feel like they’ve been waiting a lifetime for their team to win the World Series. Some fans in Chicago-area senior living communities have been. Take Alice Segal, a resident at The Breakers at Edgewater Beach, a Senior Lifestyle community in Chicago. “I’m 85 years old, but I’ve been a Cubs fan for 86 […]