Vincent Development to Build 40-Unit Community Near Minneapolis
PRIOR LAKE, Minn. — The City of Prior Lake, approximately 25 miles southwest of Minneapolis, has approved development of Summers Ridge Senior Living. Vincent Development is now clear to start construction of the single-story, 40-unit assisted living and memory care community. Great Lakes Management, based in nearby…
Read moreIndustry Voices
Design for Future Seniors
Tomorrow’s seniors will want flexibility, privacy and intergenerational living. By Marissa Kasdan, KTGY Architecture + Planning Seniors housing, as a market segment, has had a relatively limited history in the United States. Early…
Is It Time to Break Up with Your Operator?
Investors should seek out managers with low turnover, local knowledge and solid standardized practices. By Jess Stonefield Market demographics are just one set of factors that impact a seniors housing investment. Another…
Are We Missing the Mark with Baby Boomers?
Independence, technology and affordability hold the keys to winning them over. By Dean Maddalena, President, StudioSIX5 What do boomers want? It’s the question on everyone’s mind as we near the entry of the…
The SHB Interview: Mercedes Kerr, President, Belmont Village Senior Living
After decades working for REITs, experienced executive makes the jump to operations. By Jeff Shaw For having held only three jobs in the seniors housing industry, Mercedes Kerr has quite the resume. Moving…
Company Profile: Thrive Senior Living Strives to Be Different
By Jeff Shaw When Jeramy Ragsdale founded Thrive Senior Living in 2008, it was not his intent to challenge the industry to redefine itself. At the time, he was a residential home…
From the Magazine
What’s Old is New Again
In the face of growing competition, assisted living owners and operators are renovating and repositioning their aging properties. By Jane Adler Over the last few years, the construction boom that delivered thousands…
Read more