STUART, Fla., and LONE TREE, Colo. — Prescient, a design, engineering, manufacturing and installation firm serving the construction industry, has provided services for seniors housing projects in Stuart and Lone Tree. The two communities represent Prescient’s entry into the senior living market.
How this now-common feedback is influencing our industry
LOUISVILLE, KY. — Kindred Healthcare Inc. (NYSE: KND) plans to fully exit the skilled nursing business, the Louisville-based healthcare owner-operator announced Monday afternoon during a third-quarter earnings call. Kindred posted a $671.3 million loss in the third quarter.
BATON ROUGE, La. — Blueprint Healthcare Real Estate Advisors has brokered the $11.5 million sale of Oakwood Village, a 77-unit independent living, assisted living and memory care community in Baton Rouge.
DILLSBURG, Pa. — Presbyterian Senior Living, a nonprofit seniors housing operator based in Dillsburg, has hired Dr. Steven Fuller as vice president and corporate medical director.
VALHALLA, N.Y. — Bethel Homes and Services has acquired Westchester Meadows, a continuing care retirement community (CCRC) in the New York City suburb of Valhalla, for an undisclosed price.
WASHINGTON, Mo. — UnitedHealthcare has invested $2.3 million in Riverbend Estates Senior Community, a 42-unit affordable seniors housing development under construction in Washington, approximately 45 miles west of St. Louis.
CLINTON, STERLING HEIGHTS and SHELBY, Mich. — The fourth investment fund o Green Courte Partners LLC (GCP) has acquired a portfolio of three independent living properties totaling 371 units, all located in the suburbs of Detroit. The sale price was not disclosed.
FITCHBURG, Mass. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Valley Stream Rehabilitation and Healthcare Center, an 87-bed skilled nursing facility in the Boston suburb of Fitchburg, for $4 million.
TOMBALL, TEXAS — Senior Living Investment Brokerage Inc., an Illinois-based brokerage firm, has arranged the sale of an undisclosed memory care facility in Tomball, a suburb of Houston, for $2.6 million.