Post-Acute & Senior Living: Caddis to develop a 104-unit Heartis senior living community in Milwaukee suburb
Dallas-based healthcare developer Caddis is continuing its expansion into the Midwest with the development of a future senior living community in Brookfield, outside of Milwaukee. Caddis is
Post-Acute & Senior Living: Manhattan getting new AL projects
Developers looking to tap into affluent cohort that doesn’t want to leave the city By John B. Mugford Conventional wisdom might say that developing a new senior living healthcare facility in the heart of one of the world’s most expensive real estate markets doesn’t make much sense, as rents would prove to be too high […]
Post-Acute & Senior Living: Partnership of Denver firms breaks ground on 77-unit community in New Mexico
Construction has started on a future 70,863 square foot senior living community in Rio Rancho, north of Albuquerque. The 77-unit MorningStar of Rio Rancho will offer assisted living and memory
Post-Acute & Senior Living: Senior Resource Group acquires 303-unit community in Arizona; HFF represents the seller
Solana Beach, Calif.-based Senior Resource Group LLC recently acquired The Heritage Tradition, a 303-unit, “Class A” senior housing property in the Del Webb community of Sun City West. A
Post-Acute & Senior Living: Birchwood acquires 64-unit, Baltimore-area assisted living community
A local office of Toronto-based Avison Young recently arranged the sale of Quail Run Assisted Living, a 64-unit community in Perry Hall, an unincorporated area in Baltimore County. The sale price
Post-Acute & Senior Living: Welltower to acquire four CCRCs for $368 million, transition portfolio to RIDEA structure
Toledo-based Welltower Inc. (NYSE: HCN) has entered a definitive agreement to acquire a portfolio of four continuing care retirement communities (CCRCs) in three East Coast markets for $368 million.
News Release: ESI Arranges Sale of Assisted Living Facility in Washington for $7.0M
Evans Senior Investments (ESI) successfully represented the sale of Rosewood Villa, a 66 unit assisted living community in Bellingham, Washington for approximately $7,025,000 ($106,000 price per unit). Built in 1978, Rosewood Villa is located 87 miles north of Seattle. At the time of the sale the community averaged 93.9% occupancy over the prior twelve months […]
News Release: ESI Arranges Sale of Illinois Seniors Housing Portfolio for $32.6M
Evans Senior Investments (ESI) successfully represented the sale of four assisted living and memory care facilities known as the Legacy Place Portfolio for approximately $32,632,000 ($163,000 price per unit). The portfolio consisted of four facilities encompassing 200 total seniors housing units (51 memory care units and 149 assisted living units). All four facilities were located […]
News Release: HFF announces sale of skilled nursing facility in San Antonio, Texas
DALLAS, TX – February 13, 2018 – HFF announces the sale of Mesa Vista Inn Healthcare Center, a 144-bed, post-acute skilled nursing facility near San Antonio’s Medical Center district. The HFF team marketed the property on behalf of the seller, Kayne Anderson Real Estate, and procured the buyer, an affiliate of O&M Investments, LLC. Mesa […]
News Release: Encompass Health and Saint Alphonsus announce joint venture to provide seamless post-acute patient care
Feb 12, 2018 BIRMINGHAM, Ala. and BOISE, Idaho, Feb. 12, 2018 /PRNewswire/ — Encompass Health Corporation (NYSE: EHC), formerly known as HealthSouth Corporation, and Saint Alphonsus Regional Medical Center (SARMC) have formed a joint venture to build and operate a 40-bed, freestanding inpatient rehabilitation hospital in Boise. The joint venture plans to more effectively and efficiently manage patients across the […]
News Release: Ponte Health brings Vertical Medical City to Downtown Orlando to serve the city’s elders
VERTICAL MEDICAL CITY, LLC, a new High Rise Development Project is coming to the core of Downtown Orlando. The primary focus of the Facility is to bring into the urban core the Next Level Assisted Living, Care, and Wellness for Residents and Outpatients 60 and over. Developer PONTE HEALTH PROPERTIES, LLC seeks Equity Partner for […]
Post-Acute & Senior Living: Post Acute Partners adds to portfolio of senior health facilities in Upstate New York
A growing, multi-company firm based in New York continues to add to its portfolio of senior healthcare facilities and operations in Upstate New York. New York-based Post Acute Partners is in the
Post-Acute & Senior Living: Senior Lifestyle Corp., Kaufman Jacobs co-developing senior community near Chicago
Chicago-based Senior Lifestyle Corp., a privately-held owner, operator and developer of senior housing, recently held a groundbreaking for the future Sheridan at Park Ridge. The 99,000
Post-Acute & Senior Living:Benchmark Senior Living to convert theology school to memory care in Newtown, Mass.
Waltham, Mass.-based Benchmark Senior Living in December started construction on a memory care facility on the grounds of the former Andover Newton Theological School in Newton. The project
Post-Acute & Senior Living: Mainstreet Health Investments to buy Care Investment Trust and portfolio for $425 million
Toronto-based Mainstreet Health Investments (TSX: HLP-U) in late November entered agreements to acquire Care Investment Trust LLC and its portfolio of 42 seniors housing properties for about $425 million. The seller is New York-based Tiptree Inc. (NASDAQ: TIPT).