Post-Acute & Senior Living: Seton, Healthcare Family, Post Acute Medical team up on new facility in Kyle, Texas
AUSTIN, Texas – Austin-based Seton Healthcare Family has broken ground on a new hospital in Kyle, Texas, while, at the same time, it has announced plans for a new facility in Breckenridge, Texas, about 100 miles west of Fort Worth. Ground was broken recently for a
Post-Acute & Senior Living: More Senior Living News
■ CNL Lifestyle Properties Inc. of Orlando, Fla., says it recently acquired senior living communities in Montana and Oregon for a total of about $45.85 million. The Orlando-based real estate investment trust (REIT) says it acquired Bozeman Lodge, a 131-unit independent and assisted living community in Bozeman, Mont., and Pioneer Village, a 99-unit independent and assisted […]
News Release: Nashville based Centerre Healthcare and University of Wisconsin Hospital announce partnership for new inpatient rehabilitation hospital
Nashville, TN – University of Wisconsin Hospital and Clinics, in partnership with Centerre Healthcare Corporation, today announced plans to build a freestanding inpatient rehabilitation hospital in Madison. Pending purchase of the site and required city approvals, the new hospital will be built across the street from UW Health at The American Center, the planned new campus […]
Post-Acute & Senior Living: CNL Lifestyle Properties Inc. buys CCRC in Indianapolis suburb for $22 million
ORLANDO, Fla. – CNL Lifestyle Properties Inc. announced July 2 that has acquired The Stratford, a 221-unit continuing care retirement community (CCRC) in Carmel, Ind., for $22 million.
Post-Acute & Senior Living: Recovery in jeopardy? Senior living fundamentals softened during first quarter
ANNAPOLIS, Md. – The National Investment Center for the Seniors Housing & Care Industry (NIC) reports that upward momentum in senior housing occupancy stalled during the second quarter (Q2) of 2013, while the pace of annual rent growth slowed and overall construction activity rose.
Post-Acute and Senior Living: LCB gets funding for initial projects
Cushman arranges $38.3 million finance new operator’s first developments By Murray W. Wolf LCB Senior Living LLC is moving ahead with the development of its first two senior living communities in the northeastern United States thanks to $38.3 million in debt and equity financing arranged by Cushman and Wakefield’s Senior Housing Capital Markets Group. […]
News Release: Central Banks in U.S. and Europe Remain Oceans Apart on Strategies to Stimulate Economic Growth, Cambridge Chairman Says
The U.S. and its European trading partners remain oceans apart on strategies aimed at stimulating economic growth, an article posted on the Cambridge Realty Capital Co. website suggests. “In recent weeks, central bankers in the U.S. have been more transparent in discussing a conditional timetable for the phase-out of programs aimed at keeping interest rates […]
News Release: Erica Hirsen Joins Ferguson Partners
Erica Hirsen to Ferguson Partners Chicago office. As Director of Ferguson Partners Ltd., Ms. Hirsen will focus on developing and serving clients in the healthcare real estate industry, specifically in senior housing. Prior to joining Ferguson Partners, Ms. Hirsen was an Assistant Vice President with GE Capital’s Healthcare Financial Services – Real Estate business, a […]
Breaking News: Cottonwood Place Senior Living Breaks Ground – ISL to Manage New Community
CARLSBAD, CA (July 15, 2013) – Integral Senior Living (ISL), a leader in managing senior living communities, is pleased to announce a new community it will be managing. Cottonwood Place Senior Living in Holladay, UT, recently broke ground to begin construction of the new assisted living and memory care community. The new community, located at 5600 […]
News Release: Caddis starts work on next Heartis community
The firm’s second branded assisted living and memory care community near Eagle Mountain Lake in north Fort Worth, Texas, is part of its $100 million senior housing investment program FORT WORTH, Texas, July 10, 2013 – Just a few weeks after announcing its plan to invest more than $100 million in senior housing projects during […]
CNL Lifestyle Properties Acquires Indiana Senior Housing Community for $22 MILLION – 221 Unit Facility Located near Indianapolis
(ORLANDO, Fla.) July 2, 2013 – CNL Lifestyle Properties, Inc., a real estate investment trust (REIT), has acquired The Stratford Continuing Care Retirement Community, a 221-unit, Class A senior housing community in Carmel, Ind., for $22 million. The community will continue to be managed by Maxwell Group Inc., which currently manages properties in North Carolina, South Carolina, […]
News Release: Ryan Companies US, Inc. Begins Senior Housing Renovation Projects
Three Crowns Park is Converting Skilled Nursing Unit to Memory Care Center Friendship Village of Schaumburg Updating Various Interior and Exterior Spaces Naperville, Ill. (July 2, 2013)—Ryan Companies US, Inc. has begun senior housing renovation enhancements for Three Crowns Park in Evanston, Ill., and Friendship Village of Schaumburg in Schaumburg, Ill. These projects add to […]
News Release: Emeritus Senior Living Announces Lease of 38 Communities
SEATTLE, WA, June 27, 2013 – Emeritus Corporation (NYSE: ESC) (“Emeritus”), the nation’s largest provider of assisted living and memory care services, today announced that the Company has entered into definitive agreements with Health Care REIT, Inc. (NYSE: HCN) (“HCN”) and Merrill Gardens under which Emeritus will lease a total of 38 senior housing communities […]
Post-Acute & Senior Living: Firm puts its brand on senior sector
Caddis Partners plans to develop up to 12 senior residences in next 18 months By Murray W. Wolf Caddis Partners LLC, a healthcare real estate firm best known for its medical office buildings (MOBs), is jumping into the senior housing market with both feet. In recent weeks, the Dallas-based healthcare real estate development, management and […]
Post-Acute & Senior Living: CNL Healthcare Properties buys first skilled nursing portfolio for $56.4 million
ORLANDO, Fla. – CNL Healthcare Properties announced June 6 that has acquired six skilled nursing facilities in Arkansas for $56.4 million.