Movers & Shakers: Affinitas and New Empire Join Forces, Name CEO

Affinitas, New Empire Corp. Join Forces, Name CEO New-England-based senior living management company Affinitas Life has joined forces with New Empire Corp., a family-owned real estate group founded in 1997. Bentley Zhao, founder, chairman and CEO of New Empire Corp., will lead the new company under the banner Affinitas Life, a Division of New Empire […]

Transactions & Financings: Greystone, Integral Senior Living

Greystone Closes Sales of Three Separate Senior Living Properties Greystone Real Estate Advisors has announced its role in the sales of three senior living communities in Oklahoma, Texas and Illinois. The firm recently arranged the sale of Storey Oaks of Tulsa, a 38-unit/66-bed memory care community in Tulsa, Oklahoma; Wood Glen Court, a 72-unit/78-bed assisted living community […]

In the Pipeline: Senior Housing Construction Projects (1/18/18)

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 Life Care Services to Renovate Six Newly Acquired Communities in Dallas Life Care Services, […]

Senior Housing Investments & Transactions: Civitas, Senior Lifestyle

Civitas Takes On Management of New Mexico Senior Living Community Civitas Senior Living, a Fort Worth, Texas-based senior living management company, will be taking over operations of Elan Santa Monica, an assisted living and memory care community in Albuquerque, New Mexico. The 113-unit property was developed by Titan Senior Living, the senior housing development arm of […]

Movers & Shakers: Norterre Adds Chief Information Officer

Norterre Adds Chief Information Officer to Executive Team Norterre, a residential, intergenerational neighborhood focused on improving health, added Kim Hynek as chief information officer and CFO of Action Pact, one of the partners of the project. Hynek has more than 25 years of experience in operations, development and financing of senior living and health care. […]

Movers & Shakers: HHC Finance’s New CEO

Housing & Healthcare Finance Announces New CEO Housing and Healthcare Finance (HHC) announced Keith D. Reuben as its new CEO. In addition, Erik Lindenauer will serve as the firm’s executive chairman, and Richard Lerner will serve as the firm’s executive vice chairman. The three will comprise HHC’s board. Reuben brings more than 20 years of […]

In the Pipeline: Senior Housing Construction Projects (12/1/16)

Construction: Planned Formation Development Group Plans Two Senior Living Communities Atlanta-based developer and investor, Formation Development Group will begin construction soon on two new senior living projects. The first will be a 180-unit community with a mix of independent living, assisted living and memory care units, located in Cranberry Township, Pennsylvania. The community will be constructed on […]

In the Pipeline: Senior Housing Construction Projects (4/21/16)

(Thrive at Beachwalk, a 125-unit senior living community operated by Thrive Senior Living in Fort Myers, Fla.) Construction: Planned Welltower, Hines Acquire Site to Develop NYC Senior Living Community The New York offices of international real estate firm Hines and Welltower Inc. (NYSE: HCN), this week announced that they have closed on the acquisition of […]

Senior Housing Turnaround Company Tries Hand at New Development

A company known for offering consulting services to help turn around struggling senior living communities is trying its hand at new development, complete with an opportunistic strategy. Solutions Advisors, a consulting firm that develops strategic plans for senior living communities and then helps to execute management, marketing and sales solutions, plans to break ground on its first […]