Post-Acute & Senior Living: Caddis starts its second Heartis senior community in Georgia, outside of Atlanta
SUWANEE, Ga. – Dallas-based Caddis continues to expand its presence in the Southeast, as it recently announced plans to break ground this spring in Suwanee, just outside of Atlanta, for its second Heartis senior living community in Georgia.
Post-Acute & Senior Living: $550M rehab hospital set to open
Rebranded AgilityLab facility will replace the Rehabiltation Institute of Chicago By Murray W. Wolf The new $550 million, 27-story, 242-bed Shirley Ryan AbilityLab is scheduled to open March 25 at 355 E. Erie St. in Chicago’s Streeterville neighborhood. The new facility will replace, rebrand and expand the 182-bed Rehabilitation Institute of Chicago (RIC) hospital at […]
Post-Acute & Senior Living: Oppidan sells its first seniors housing community; its pipeline now tops $400 million
WOODBURY, Minn. – Excelsior, Minn.-based Oppidan Investment Co. recently sold the senior housing community that marked its entry into the sector two years ago.
Post-Acute & Senior Living: Shepherd Health, Cobalt Seniors to build ‘upscale’ community near Savannah, Ga.
POOLER, Ga. – Miami Beach, Fla.-based Shepherd Health is venturing into the state of Georgia for the first time, recently announcing plans for an “upscale” senior living community near U.S. Interstate 16 in Pooler, just outside of Savannah.
News Release: A New Breed of Senior Living Community Is Coming to Pooler
POOLER, GEORGIA. March 6, 2017 Shepherd Health and Cobalt Seniors announce Shepherd Living at Savannah Quarters, an upscale 124-resident community offering spa-like living on roughly 10 acres in Pooler, Georgia. The joint venture has purchased the property from Southwest Quadrant Development and is developing the community with United Community Bank, architectural firm Erdman, and contractor […]
Post-Acute & Senior Living: Calling all ‘parrot heads’ to Florida
Senior community’s theme would be based on Jimmy Buffet’s Margaritaville By John B. Mugford As senior housing projects continue to compete for residents, some of the newer communities are being built with specific themes in order to possibly provide a competitive edge. For some senior housing communities, being located near certain amenities – such as […]
Post-Acute & Senior Living: Ventas Inc. said to be in talks to acquire part or all of struggling Brookdale Senior Living
BRENTWOOD, Tenn. – Struggling Brentwood-based Brookdale Senior Living (NYSE: BKD) is said to be in talks to be acquired by, in part or as a whole, Chicago-based Ventas Inc. (NYSE: VTR), according to a recent article in The Wall Street Journal, which cited unnamed sources with knowledge of the negotiations.
Post-Acute & Senior Living: Ground Broken on $95 million resort-style senior community on 32 acres in Fort Myers, Fla.
FORT MYERS, Fla. – London-based Quadrum Global, which has offices in New York and Miami, recently broke ground on its first senior housing community, a $95 million resort-style project in Fort Myers.
Post-Acute & Senior Living: Wardman Group acquires, renames and is renovating senior community in Columbia, S.C.
COLUMBIA, S.C. – An affiliate of Washington, D.C.-based The Wardman Group has acquired Summers Landing Polo Road, a 92-unit senior housing property in Columbia, S.C. Wardman hired Carlsbad, Calif.-based Integral Senior Living (ISL) to manage the property.
Post-Acute & Senior Living: Renovations at Baltimore SNF refocus facility on short-term, sub-acute services
BALTIMORE – Perhaps a future development in providing services along the continuum of care calls for refocusing some of the country’s long-term skilled nursing facilities (SNFs) into short-term, sub-acute care centers providing rehabilitation services.
Post-Acute & Senior Living: New not-for-profit, faith-based senior community underway on 14 acres in Puyallup, Wash
PUYALLUP, Wash. – A ground breaking was scheduled for February 2017 in Puyallup, just outside of Tacoma, Wash., for the future Wesley Homes Bradley Park, a 62-plus senior housing community.
Post-Acute & Senior Living: Calling all ‘parrot heads’ to Florida
Senior community’s theme would be based on Jimmy Buffet’s Margaritaville By John B. Mugford As senior housing projects continue to compete for residents, some of the newer communities are being built with specific themes in order to possibly provide a competitive edge.
Post-Acute & Senior Living: Transforming Age acquires $138 million portfolio from JV that includes Harrison Street
TWIN CITIES, Minn. – Bellevue, Wash.-based Transforming Age, formerly Presbyterian Retirement Communities Northwest, recently acquired an eight-property rental retirement portfolio with more than 1,000 units for $138 million.
Post-Acute & Senior Living: $550M rehab hospital set to open
Rebranded AgilityLab facility will replace the Rehabiltation Institute of Chicago By Murray W. Wolf The new $550 million, 27-story, 242-bed Shirley Ryan AbilityLab is scheduled to open March 25 at 355 E. Erie St. in Chicago’s Streeterville neighborhood. The new facility will replace, rebrand and expand the 182-bed Rehabilitation Institute of Chicago (RIC) hospital at 345 […]
Post-Acute & Senior Living: Global Medical lands year-end deal
Publicly traded REIT’s portfolio now has 31 properties and 666,000 square feet By John B. Mugford For Bethesda, Md. Global Medical REIT Inc. (NYSE: GMRE) the closing days of 2016 brought with it an end-of-the-year acquisition: three rehabilitation hospitals operated by Birmingham, Ala.-based HealthSouth Corp. (NYSE: HLS) for a total price of $68.1 million.