Construction: Planned Lifespace Communities Location Near Chicago Plots Big Redevelopment Oak Trace, a Lifespace community in Downers Grove, Illinois, has announced plans for a $150 million redevelopment and expansion project, according to a press release. The first phase of the redevelopment will include a new Read More »
In the Pipeline: Senior Housing Construction Projects (3/10/16)
(The Arlington of Naples Retirement Community in Naples, Fla. – Photo courtesy of Lutheran Life Communities) Construction: Planned Primrose Retirement Communities Plans Ark. Assisted Living, Memory Care Project Aberdeen, S.D.-based Primrose Retirement Communities, LLC, this week announced plans to begin construction on a 98-unit assisted living Read More »
Movers & Shakers: Senior Lifestyle’s New COO
Senior Lifestyle Announces New COO Chicago-based owner, operator and developer Senior Lifestyle Corp. announced the appointment of Lisa A. Fordyce as COO, where she will be responsible for leading the company’s operational business strategies and care initiatives. Before joining Senior Lifestyle, Fordyce served as a Read More »
Senior Housing Finance Activity: Capital Funding Group, HHC Finance
Capital Funding Group Closes 3 Bridge-to-HUD Loans For Skilled Nursing Facility Acquisitions Capital Funding Group, a full-service provider of comprehensive financing solutions for health care facilities across the country, announced the closing of three bridge-to-HUD loans for acquisitions in North Carolina, Texas and California. A Read More »
Movers & Shakers: LeadingAge’s New Board Chair
Kathryn Roberts Begins 2016 as LeadingAge Board Chair Kathryn Roberts, president and CEO of Ecumen, has taken over in the lead role of LeadingAge’s board of directors. She has served as a board member for eight years and succeed Dave Gehm, president and CEO of Read More »
In the Pipeline: Senior Housing Construction Projects (7/30/15)
(Ventana by Buckner – Photo courtesy of Buckner Retirement Services) Construction: Planned Buckner Senior Living Reveals Renderings of Dallas High-Rise CCRC Texas-based Buckner Senior Living, a not-for-profit organization that is part of Buckner International, recently revealed new renderings of its latest project: a high-rise continuing Read More »
Editor’s Picks: Uber Teams with Providers, Senior Living for NFL Alums
“We have to work to do more to ensure that every older American has the resources and support they need to thrive.” So said President Barack Obama at the White House Conference on Aging this week. The one-day conference was a once-a-decade event that brought Read More »
NFL Alumni Association Endorses 33-Property Senior Living Pipeline
The NFL Alumni Association is officially giving its seal of approval to a Florida-based developer to provide assisted living and memory care services for former pro football players. Pro Football Legends, the marketing arm of the NFL Alumni Association, will be working with Validus Senior Living, Read More »
In the Pipeline: Senior Housing Construction Projects (1/8/15)
Construction: Planned CareTrust REIT Completes $7.5 Million Investment to Build Upscale Colorado Community CareTrust REIT, Inc. (NASDAQ: CTRE) announced today that is has completed a $7.5 million preferred equity investment with Signature Senior Living and Vancouver, Washington-based Milestone Retirement Communities. The investment will be used Read More »
Senior Housing Investments & Acquisitions: Sentio Healthcare, Aviv REIT, Validus
Sentio Healthcare Properties Acquires Community for $42.5 Million Sentio Healthcare Properties, Inc., a health care-focused real estate investment trust (REIT), recently announced the $42.5 million purchase of St. Andrew’s Village, a Class A, 246-unit continuing care retirement community (CCRC) in Aurora, Colo. The St. Andrew’s Village Read More »