Construction: Planned Big Rock Partners Selects Construction Manager for $60 Million Luxury Community in Fla. Big Rock Partners, a national real estate investment management and development firm headquartered in Beverly Hills, Calif., has selected Balfour Beatty Construction to serve as construction manager for a resort-style, $60 million senior living rental community under development in Celebration, […]
The Arbor Company
Construction: Planned Aspire Development Partners, The Arbor Company Plan Ga. Community Ga.-based Aspire Development Partners and The Arbor Company recently announced plans for the development of a cutting-edge senior living community in Georgia’s Cherokee County. The project site is located on Sixes Road near the master-planned Bridge Mill Golf and Country Club community. Construction, which […]
Ventas Names New Chief Financial Officer Ventas, Inc. (NYSE: VTR) has named Robert F. Probst as executive vice president and chief financial officer. Probst will assume his position in October and work with retiring Ventas CFO Richard A. Schweinhart through the transition. In his position, Probst will be a member of the Ventas executive leadership […]
Construction: Planned Developer to Build $17MM, 124-Unit Affordable Senior Housing in Texas Miller-Valentine Group, a Dayton, Ohio-based real estate developer, plans to build a $17.7 million, 124-unit affordable senior housing community in Fort Worth, Texas, reports Fort Worth Business Press. The Reserve at McAlister community will sit on 7.5 acres and will include 22 rental […]
Construction: Planned Developers Propose 239-Unit Senior Living Complex in Georgia Nonprofit the Beverly J. Searles Foundation is proposing to build a 239-unit senior living community in Fayetteville, Georgia, reports The Citizen. The Lafayette Place proposal calls for developing a 13.7-acre site to include 125 independent living units, 24 independent “quad” villas, 60 assisted living units and […]
Senior living foodservice bears many similarities to what you might find in any other organized form of dining—or in some cases, exactly what you might find in a restaurant. But there’s one distinct challenge found among senior living providers when it comes to planning and delivering meals to some of the clientele: food that can […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week: Brookdale Merger Blasts Open Divide Between Large, Small Providers—No one denies that post-merger Brookdale will be a force for other senior living providers to reckon with, but such a large platform will have its share of challenges. Huge […]
Assisted living providers looking for ways to grab a piece of the post-acute care pie and simultaneously improve occupancy are exploring short-term care models that function as a private-pay bridge from hospital to home. In the skilled nursing industry, the split between the short-term, Medicare-reimbursed and long-term, Medicaid-reimbursed models is growing. As healthcare reform puts […]
Assisted living hasn’t been a major focus of healthcare reform and how it fits into the nation’s healthcare system, but industry stakeholders say that doesn’t mean it won’t be impacted. Healthcare reform is poised to make a splash in the assisted living world for a number of reasons, including more acute care knowledge of what […]
Tracking residents’ health has always been a major component of senior living. But new technology is allowing that tracking to become faster, more efficient, accurate and comprehensive, and some companies are saving by double-digit margins when they move to real-time monitoring. “The care management piece is a huge component of revenue; it accounts for about […]
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