Spectrum Retirement Communities, a Denver-based senior housing developer, owner and operator, is adding an extra 1,000 units to its portfolio by 2021 via a fund it is currently marketing to investors. Spectrum Development Opportunity III has a minimum investment of $2 million, and Spectrum has already raised $60.5 million with a target of $100 million, […]
Spectrum Retirement Communities
Apollo Global Management Targeting $1 Billion Fund Apollo Global Management is reaching out to investors about its third real estate fund, according to Bloomberg. And it is shaping up to be a big one. Apollo, which recently completed a $264 million acquisition of 17 senior housing communities from HCP, wants to raise at least $1 […]
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 Spectrum Community to Move Forward in Illinois The Village of Algonquin Trustees has […]
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: In progress Kendal Breaks Ground on Expansions for Virginia CCRC The Kendal Company recently celebrated […]
If all goes according to plan, Spectrum Retirement Communities will soon be operating more than 50 senior living communities across the nation. The Denver-based company currently has 37 communities spread across major metro areas in 13 states, but plans to open many more by 2019. The company currently has 16 communities in the works, with […]
SHN’s Movers & Shakers Column is sponsored by the SHN Job Board. To look for a new job for yourself or a friend, visit https://jobs.seniorhousingnews.com. If you’re an employer, post your senior living jobs with us and attract the industry’s best-read professionals today. Have hiring/staffing announcements? Send them to [email protected] Springpoint Senior Living Promotes Woodward […]
Though it’s just his second week on the job, MorningStar Senior Living’s new COO, Jim Parker, is already thinking about the next decade of growth and development. MorningStar currently is in expansion mode, and Parker is focused on keeping the company’s culture and mission strong while adding scale. Parker, who last served as senior vice […]
Construction: Planned Maplewood Senior Living Plots Community in Connecticut Local zoning officials have given the go-ahead to a planned Maplewood Senior Living community in Westport, Connecticut. The senior living provider and the Coastal Construction Group are slated to gain approval to build up to 200 mixed-level senior care units, reports Westport News. Officials Bless Plans for Community in […]
Construction: Planned Silverado Plots Memory Care Community in California Silverado Senior Living has plans to build an 82-bed memory care community in Thousand Oaks, California, reports the Thousand Oaks Acorn, a local news website. The Irvine, California-based provider is currently waiting on a zoning change from local officials. Age-restricted Community Opening Near Milwaukee Apartments for active […]
For many seniors, making the decision to move into a retirement community is a big commitment—from a monetary standpoint, as well as an emotional one. Older adults may be wary to pay the hefty entrance fees associated with continuing care retirement communities (CCRCs) or to commit to a senior living community for a year or more, […]
