In the Pipeline: Senior Housing Construction Projects (9/14/17)

Construction: Planned Ridge Care Senior Living Expanding to South Carolina Ridge Care Senior Living is moving into The Palmetto State. The provider recently announced its first expansion into South Carolina with its new 100-unit Arbor Landing at Pawleys senior living community in Pawleys Island. The opening is being funded through an $11.3 million loan provided by SunTrust Bank. […]

Must-Read News: Ventas’ SNF Sale, Old People Are Cool

Happy Monday, Senior Housing News readers. On Sunday, actress Kristen Bell hung out with several Hurricane Irma evacuees—including Atria Senior Living residents. From Bell’s Twitter and Instagram presence, it seems like everyone had a great time: Guys, Corey cries when she’s happy too!!! #soulmates #HurricaneIrma #besthurricaneever #atriaseniorliving — Kristen Bell (@IMKristenBell) September 10, 2017 Here’s […]

Your Source for the Best Senior Housing Career Opportunities

The Senior Housing News (SHN) Job Board is your one-stop resource for open positions in the senior housing industry. Find quality employees, access top talent and put your company’s job posting in front of the 20,000+ daily subscribers to Senior Housing News. Companies are now hiring directors, managers, sales and marketing, sales consultants, administrators and […]

Movers & Shakers: Spectrum Retirement’s New President, COO

Spectrum Retirement Names New President, COO Spectrum Retirement named Bradley Kraus as president and COO, effective immediately. Kraus has worked for Spectrum for four years, most recently serving as senior vice president of business development. Before joining Spectrum, he was a senior associate in the real estate practice of Cerberus Capital Management. He began his […] Rates Top Senior Living Communities in the Nation

Based on customer satisfaction ratings and reviews of senior living communities nationwide, online resource has compiled the “best of” senior living for 2013. Across assisted living, independent living and memory care, the organization has awarded recognition of excellence to communities that received a 4.5-star rating out of five stars from residents and their families. […]

Capitol Seniors Housing Buys Two Senior Living Properties for $32 Million

Washington, D.C.-based Capitol Seniors Housing recently acquired two senior housing properties in separate transactions for a total of $32.65 million. The company closed the acquisition of an age-restricted senior community in Herndon, Va. from seller and original developer Sugarland Hill, LLC on Oct. 31. The 80-unit community was purchased for $15.65 million, or $195,000 a unit, […]

Top Senior Housing News of the Week: HUD Development Shifts, High-End Heats Up

In case you missed it, here are the top five stories grabbing Senior Housing News readers’ attention this week:  1. Developers Hot on High End Senior Housing Post-Recession—Some developers say that demand for high-end senior housing didn’t slow down due to recession, and they’re gearing up even more now that home values are coming back.  2. Spectrum’s […]

Spectrum’s Giant Senior Housing Pipeline to Boost Portfolio by 25%

Spectrum Retirement is on pace to increase its senior living portfolio by about 25% next year with more than a thousand units either under construction or in the pipeline for 2014 as part of its strategy to grow by new development rather than acquisition.  “What we’re doing over here at Spectrum is controlled growth—predictable, controlled […]

Developers Jump on Colorado’s Senior Housing Surge

Colorado is known for attracting people with active lifestyles and retirees are no exception, prompting developers to gear up for a growing senior population by adding thousands of units of 55+ and senior housing to the state’s existing inventory—far above national construction levels. The second quarter of 2013 logged 8,840 units of various types of […]