In the Pipeline: Senior Housing Construction Projects (10/1/15)

(Bader House in San Antonio, Texas – Built by Uncommon Care with interior design by studioSIX5) Construction: Planned O’Reilly Development Plans Two Senior Living Projects for Mo. Springfield, Mo.-based O’Reilly Development Company is planning two new senior living projects: an $18.4 million development in Nixa, Mo., and a $35.8 million development in St. Charles, Mo., […]

What the Reinvented SNF Means for Senior Living

Every industry is susceptible to change. But in senior living, no sector needs an overhaul more than skilled nursing, both from a construction and culture standpoint, says one chief executive officer. As the capital markets have shown an increased interest in senior living construction in the years following the Great Recession, it is time to […]

In the Pipeline: Senior Housing Construction Projects (3/12/15)

Construction: Planned Senior Lifestyle Corp. to Break Ground on New Fla. Community Chicago-based Senior Lifestyle Corporation announced last week it will break ground this spring on its newest community, The Sheridan at Cooper City, a 111-unit assisted living and memory care facility in Cooper City, Fla. The Sheridan at Cooper City will feature 72 assisted […]

Movers & Shakers — People and Positions for July, Part II

Legacy Healthcare Expands Team Legacy Healthcare, which owns and operates 17 skilled nursing centers in Illinois, has hired Kristin Scott as regional director of business development and Erik Iverson as director of business development for Warren Barr North Shore.   Scott brings to the position experience in physician relations and business development, most recently working […]

In the Pipeline: Senior Housing Construction Projects (7/3/14)

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 […]

In the Pipeline: Senior Housing Construction Projects (3/6/14)

Construction: Planned Plans Move Forward for $30 million Michigan Senior Living Village Preliminary site plans for a $30 million senior living community in Michigan were approved last week by the Pittsfield Township Planning Commission, bringing the development from Brighton-based Unified Property Group LLC closer to a groundbreaking, reports MLive. The project calls for a 175,000-square-foot […]

In the Pipeline: Senior Housing Construction Projects (11/21/13)

Construction: Planned $30 Million Senior Living Community Coming to San Antonio Dallas-based three: living architecture is designing a $30 million senior living community for San Antonio residents living in the Alamo Heights neighborhood. The project, dubbed Franklin Park, will feature 115 independent living units, 62 assisted living units and 40 memory care units within 315,000-square-feet. […]

In the Pipeline: Senior Housing Construction Projects (11/14/2012)

Construction: Planned Ventas Subsidiary to Build Mass. Senior Living Community Woodbriar Senior Living, LLC, a Ventas, Inc. (NYSE:VTR) subsidiary, will use proceeds of a $30 million bond issued by MassDevelopment to build a 125-unit assisted living community in Falmouth, Mass. The development will have 35 studio apartments, 66 one-bedroom units, and 24 two-bedroom units. Plans […]

In the Pipeline: Senior Housing Construction Projects (9/5/2012)

Construction: In the Process Bravo Properties Breaks Ground on Two Ill. Affordable Assisted Living Communities Oak Brook, Ill.-based Bravo Properties has broken ground on two affordable assisted living communities in the Chicago area: Deer Path Supportive Living of Huntley, Ill. and St. Anthony Supportive Living in Lansing, Ill. Deer Path will be the first northwest […]

HUD’s Senior Care Loan Programs No “Free Lunch,” But They’re Effective

Much has been discussed about the pros and cons of the HUD 232 New Construction or Substantial Rehabilitation (sub-rehab) program for the financing of Skilled Nursing and Assisted Living construction. Although challenges do exist, there are certainly ways to make the program work effectively for health care projects. The Advantages While there is no “free […]