Senior Housing Investments & Transactions: REIT Mega Deal, LTC Properties

Washington Nursing Facility Sells for $6.6 Million  Shoreline Health and Rehab, a 106-bed skilled nursing facility in Shoreline, Wash., recently sold for $6.625 million, a purchase price driven, in part, by its $3 million renovation in 2012, according to Evans Senior Investments, which facilitated the sale. “Although well-managed from an expense perspective, the facility historically […]

How Memory Care Communities Are Tackling the NFL’s Concussion Crisis

After sustaining years of head-on collisions playing America’s billion-dollar pastime, a growing number of former NFL players are being diagnosed with chronic traumatic encephalopathy (CTE) — a result of concussions from head-banging. And memory care providers are taking note, with one former NFL player creating the first sports-themed memory care community that is slated to […]

New HIPAA Rules a Game Changer for Assisted Living

Data privacy and security are not new issues to senior living operators, and many have made serious headway in protection of protected health information (PHI) with the onset of technology advances. But recent changes to the The Health Insurance Portability and Accountability Act of 1996 (HIPAA) are causing providers to revisit, refresh and in some […]

Senior Housing Development Heats Up in Arizona Post-Recession

Arizona has long been seen as a retirement destination, but with home values beginning to recover in hard hit areas like Phoenix, some developers are seeing it as a brand new opportunity for senior living. “The last couple of years have been on the quiet side for senior housing development—the [real estate] market in general,” […]

Senior Living Providers: Memory Care Isn’t One Size Fits All

Senior living providers practice a variety of innovative techniques when managing aggressive behaviors that can be typical of residents with dementia, and they agree one of the biggest components is proactivity. Know Your Residents This typically means knowing each resident and being familiar with their history and their patterns of behavior, says Janet Haynes, RN, […]

In the Pipeline: Senior Housing Construction Projects (9/19/13)

Construction: Planned South Carolina Developers Plan $44 Million Senior Living Center Plans to build a $44 million senior living center in South Carolina are on track to begin construction in February or March 2014, reports Herald Online. The 52-acre mixed-use senior living campus in York, S.C., is currently finishing a second market study, according to […]

Silverado to Acquire Three Communities from Troubled CRL Operator

Silverado Senior Living announced on Friday that it will acquire and assume management of three memory care communities currently managed by CRL Senior Living. The news follows an announcement made earlier last week that Chicago-based Senior Lifestyle Corp. would be assuming management of 11 other CRL communities. The announcement followed reporting by the Northwestern on […]

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 […]