News Release: CCG Acquires 18 Midwest SNFs
press release | 13 April, 2017 | 0 Chicago, IL- April 1, 2017- Cascade Capital Group, a healthcare real estate investment & management company announces the acquisition of eighteen Midwest skilled nursing facilities (SNF’s). The portfolio consisted of facilities located in Iowa (2), Kansas (9), Missouri (6), and Nebraska (1). Purchased from a national, publicly-traded owner/operator, the […]
News Release: Ryan Companies Completes Land Acquisition in Hendersonville, Tenn.
FOR IMMEDIATE RELEASE Acquisition paves way for new senior living community, Clarendale® at Indian Lake Naperville, Ill. (April 10, 2017)—Ryan Companies US, Inc. has acquired an 11-acre land parcel at the Southwest corner of Indian Lake Boulevard and Maple Drive in Hendersonville’s Indian Lake Center area that paves the way for the development and construction […]
News Release: The Shores at Clearlake Breaks Ground
April 6, 2017 Greater Houston area community will set a new standard of senior housing in the area Clear Lake, TX – The Shores at Clearlake, a new assisted living and memory care community being developed in the greater Houston area, is one step closer to opening. Recently, the new development broke ground in anticipation of […]
News Release: Done deal: We’re not in Kansas anymore
Blueprint is pleased to announce the successful portfolio sale and divestiture of 18 skilled nursing centers located in the Midwest. The portfolio included centers located in Kansas (9), Missouri (6), Iowa (2), and Nebraska (1). The regional cluster was comprised of 1,843 total licensed beds and generated approximately $110 million in total revenue on a […]
News Release: CNL Healthcare Properties II Purchases First Property
— REIT acquires newly built seniors housing community in Pensacola, Florida — (ORLANDO, Fla.) April 4, 2017 — CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, has purchased the newly constructed Summer Vista Assisted Living Community in Pensacola, Florida, for $21.4 million. This is […]
News Release: Avison Young brokers 6.87-acre land sale for senior living development project in Phoenix
Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has brokered the $2.7-million sale of a 6.87-acre land parcel for the development of a senior assisted living and memory care community in Phoenix. Named Mariposa Point at Algodon Center, the fully entitled site is anticipated to begin […]
News Release: Villaggio at San Luis Obispo to Raise Bar for Life Plan Communities
Upscale Life Plan Community Proposed for the City of San Luis Obispo NEWS PROVIDED BY Villaggio 27 Mar, 2017, 09:05 ET SAN LUIS OBISPO, Calif., March 27, 2017 /PRNewswire/ — Villaggio at San Luis Obispo, a luxury-style Life Plan Community, is currently under planning and development in California’s world renowned Central Coast. Named “The Happiest City […]
Post-Acute & Senior Living: Villaggio Communities and LCS plan ‘upscale’ CCRC in San Luis Obispo, Calif.
SAN LUIS OBISPO, Calif. – Local firm Villaggio Communities LLC is teaming with Des Moines, Iowa-based LCS on the development of a future “luxury” continuing care retirement community (CCRC) in San Luis Obispo, a city lacking such facilities.
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.