Post-Acute & Senior Living: MedCore Partners, Post Acute Medical team up on post-acute facility in Dover, Del.
DOVER, Del. – Dallas-based MedCore Partners and Enola, Pa. based Post Acute Medical LLC (PAM) are teaming up on the development of what the firms call a “first-of-its-kind” post-acute care facility in Dover.
Post-Acute & Senior Living: Developer proposes senior campus to replace office in Westchester County, N.Y.
RYE BROOK, N.Y. – A local developer has proposed to raze a mostly vacant office building on a 17.3-acre site in Rye Brook to make way for a 269-unit senior housing campus with townhouses, apartments and assisted living units, according to the local Westchester County Business […]
Post-Acute & Senior Living: Caddis’ Heartis brand continues its Midwest expansion with a senior project in Wisconsin
GLENDALE, Wis. – Dallas-based Caddis, under its Heartis brand, has started the development of its project in Wisconsin. The 105 unit, 96,770 square foot Heartis Village North Shore, in the Milwaukee suburb of Glendale, is expected to open in early 2019.
Post-Acute & Senior Living: Select Medical to open LTACH inside Missouri Baptist Medical Center in St. Louis
ST. LOUIS – Mechanicsburg, Pa.-based Select Medical Corp. (NYSE: SEM) recently announced that it will reconfigure space and open a long-term acute care hospital (LTACH) inside Missouri Baptist Medical Center in St. Louis.
Post-Acute & Senior Living: ESI arranges sale of Wisconsin community based residential facility near Milwaukee
GREENDALE, Wis. – In more news from Wisconsin, Evans Senior Investments (ESI) recently announced that it represented an independent seller in the sale of Clifden Court, a 92-unit community based residential facility (CBRF) in Greendale.
Post-Acute & Senior Living: Brea, Calif., approves plans for two-story, 29,500 sq. ft. Silverado memory care community
BREA, Calif. – The Brea Planning Commission recently voted 5-0 to approve a conditional use permit clearing the way for Irvine, Calif. based Silverado Residential Care to develop a two-story, 39-unit, 29,448 square foot residential memory care facility.
Post-Acute & Senior Living: Dealing with troubled operators
In earnings call, NHI officials discuss how they handle struggling properties By John B. Mugford While most owners of senior housing property remain bullish on the sector, especially over the long term, many find themselves having to take measures to turn around struggling facilities and, perhaps, change operators within their portfolios in the short […]
Post-Acute & Senior Living: HCP details plan to reduce its Brookdale portfolio, both operating and triple-net
LONG BEACH, Calif. – Long Beach-based HCP Inc. (NYSE: HCP), announced Nov. 2 that it has completed several transactions with Brentwood,
Post-Acute & Senior Living: Welbrook Senior Living starts its second transitional rehab facility in New Mexico
FARMINGTON, N.M. – El Segundo, Calif.-based Welbrook Senior Living recently started construction on its second transitional rehabilitation facility in New Mexico.
Post-Acute & Senior Living: Chicago firm acquires three assisted living, memory care properties in Greater Dallas
GREATER DALLAS – The Dallas Business Journal reported Nov. 20 that Chicago-based CA Ventures and its CA Senior Living LLC have agreed to acquire three properties in suburbs north of Dallas.
Post-Acute & Senior Living: MorningStar and Confluent break ground for 85-suite senior living community in Santa Fe, N.M.
SANTA FE, N.M. –In more New Mexico news, Morning Star Senior Living and Confluent Senior Living recently broke ground for a new senior living community on four acres in Santa Fe.
News Release: Avison Young Arranges Sale of Assisted Living Community in Maryland
PERRY HALL, Md. (Dec. 14) – Avison Young announced today that it has arranged the sale of Quail Run Assisted Living, a 64-unit community in Perry Hall, Md. Birchwood Health Care Properties purchased the assisted living-memory care community. Representing the seller were Avison Young’s Dan Baker, vice president, and Jim Kornick, principal. The owner and […]
News Release: Ryan Companies Breaks Ground on New Senior Living Community in Addison, Illinois
NAPERVILLE, IL (DEC 16, 2017) LCS®, Harrison Street Real Estate Capital and Ryan Companies US, Inc. announce the start of construction of the partnerships third new senior living community in 2017, Clarendale of Addison. The $45M project will provide the same Class A continuum of care as other Clarendale communities, which include; independent living residences, […]
News Release: H2C Advises Phoebe Putney Health System on its Sale of Phoebe Senior Living at Morningside to Care Investment Trust
FOR IMMEDIATE RELEASE NEW YORK — December 15, 2017 — Hammond Hanlon Camp LLC (“H2C”), a healthcare focused strategic advisory and investment banking firm, served as the exclusive financial advisor to Phoebe Putney Health System (“Phoebe”) on the sale of Phoebe Senior Living at Morningside (“Morningside” or the “Community”) to Care Investment Trust (“CIT”), a real estate […]
News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter
Managed Medicare revenue per patient day sets a new low in NIC’s five-year time series FOR IMMEDIATE RELEASE: December 14, 2017 Contact: Biba Aidoo, (443) 926-3181 or communications@nic.org Annapolis, Md. – The National Investment Center for Seniors Housing & Care (NIC) today released its third quarter 2017 NIC Skilled Nursing Data Report. Data in the report show […]