LYNCHBURG, Va. — SunTrust Bank has provided a $38.2 million loan for a six-story healthcare center at Westminster Canterbury-Lynchburg, a nonprofit continuing care retirement community in Lynchburg.
PALOS HEIGHTS, Ill. —Spectrum Retirement has broken ground on Palos Heights Senior Living., a 178-unit independent living, assisted living and memory care community in the Chicago submarket of Palos Heights.
PLEASANTON, Calif. —Stoneridge Creek is preparing to open its 151-unit expansion at the seniors housing community in the Bay Area city of Pleasanton.
PHILADELPHIA — Kearsley Rehabilitation and Nursing Center has opened an 84-bed sub-acute care unit at the skilled nursing facility in Philadelphia.
TINTON FALLS, N.J. — Erickson Living has named Paula Digerness as the new executive director of Seabrook, a continuing care retirement community 30 miles south of Staten Island in Tinton Falls.
NEW ORLEANS — Many seniors housing developers, owners and operators are already looking forward to the “silver tsunami” of Baby Boomers reaching the proper age to enter seniors housing. However, if current trends continue, many of those seniors won’t be able to afford seniors housing anyway, according to panelists at the LeadingAge Annual Meeting and Expo.
RENO, Nev. — The Wolff Company has started construction on Revel Rancharrah, a 146-unit independent living community within Reno’s Rancharrah master-planned community.
BIRMINGHAM, Ala. — Methodist Homes of Alabama & Northwest Florida has completed the $42.5 million expansion and renovation of Fair Haven, a continuing care retirement community in Birmingham.
SANTA MONICA, Calif. — Welbrook Senior Living has completed construction of Welbrook Santa Monica, a 50-unit memory care facility in Santa Monica.
RICHMOND, Ky. — Dominion Senior Living has opened the doors on Dominion Senior Living of Richmond, the company’s first property in Kentucky.