MINNEAPOLIS — Henricksen, a Minneapolis based furniture design and procurement company, has full spun off its seniors housing division, which will now be known as Henrik & Co.
ANNAPOLIS, Md. — Middle-income seniors — those with too much money for government assistance, but not enough to afford luxury rents — may be the single biggest growth opportunity for the seniors housing industry over the coming years, according to research by the National Investment Center for Seniors Housing & Care (NIC).
THOUSAND OAKS, Calif. — Canyon Partners Real Estate LLC has provided $10.9 million of preferred equity to Griffin Living for the construction of a seniors housing community in Thousand Oaks, approximately 40 miles west of Los Angeles.
OXNARD, Calif. — NorthMarq has arranged $7.6 million in financing for Seawind Seniors Apartments, an age-restricted community in Oxnard, approximately 65 miles west of Los Angeles.
BLOOMINGTON, Minn. — MatrixCare, a Bloomington-based care management software platform serving the seniors housing industry, has hired Dheeraj Mahajan as chief medical officer and executive vice president.
Major stakeholders in seniors housing must understand each other’s roles to succeed.
CHANDLER, Ariz. — Koelsch Communities has completed The Park at Copper Creek, an independent living community in Chandler.
KANSAS CITY, Missouri — GlynnDevins, a Kansas City-based marketing firm specializing in seniors housing, has named Dennis Ehrich Jr. as its new chief technology officer and Paul Hunt as chief revenue officer.
MILBRAE, Calif. — Cadence Living has hired Kiel Stromgren as executive director of Cadence Millbrae, a seniors housing community in the Bay Area city of Milbrae.
GLADWYNE, Pa. — Ziegler has arranged $44.1 million in bond financing for Waverly Heights, which owns and operates a continuing care retirement community (CCRC) of the same name in Gladwyne.