CCRC

Norine-Mulry

PORTLAND, Ore. — RoseVilla Senior Living, a single-site seniors housing company, has named a new chief operating officer (COO) and a new chief financial officer (CFO).  Effective Jan. 1, 2026, Norine Mulry will take over as COO, and Kristina DeLisle will assume the position of CFO.  Mulry, who brings more than 18 years of management experience to her new position, has spent the past decade at RoseVilla. Most recently, Mulry served as director of food and beverage.  DeLisle’s previous experience also includes a 10-year tenure of leadership at RoseVilla, with 13 …

0 FacebookTwitterLinkedinEmail

MANHATTAN, Kansas — Ziegler has secured $53.8 million in bond financing through the City of Manhattan, Kansas, on behalf of Meadowlark, a single-site continuing care retirement community (CCRC).  Situated on 55 acres, Meadowlark currently totals 359 units, with 137 independent living apartments, 50 independent living duplexes and cottages, 38 assisted living apartments and a 134-bed skilled nursing facility that comprises 60 private beds and 74 semi-private beds.  The community was originally developed in 1975. In 2022, Ziegler arranged financing for an expansion of the property. Upon opening, the expansion reached full …

0 FacebookTwitterLinkedinEmail
Clarisa James Kings III Emergency systems quote from article

Establishing trust is an ongoing challenge for many seniors housing communities, with operators continually working to draw in new residents while simultaneously recruiting staff in an industry plagued by high turnover and labor gaps. In both efforts, evidence of the owner’s commitment to safety infrastructure can be a deciding factor that brings people in for the long term, according to Clarisa James, national vertical sales director at Kings III Emergency Communications. “Families want reassurance that loved ones are safe, not only in their living areas but throughout the community,” James …

0 FacebookTwitterLinkedinEmail
Friendship-Village-Tempe_Tempe-Ariz

TEMPE, Ariz. — LCS Development is underway on the third phase of a master planned renovation at Friendship Village Tempe, a 50-acre continuing care retirement community located in Tempe.  Construction has begun on the phase, which will include the removal of an existing structure and the addition of a new, five-story building. Upon completion, which is planned for the fourth quarter of 2027, the building will total 175,900 square feet with 69 independent living apartments, two guest suites and below-grade parking. Units in the building will range in size from 909 …

0 FacebookTwitterLinkedinEmail
ALIS Medtelligent John Shafaee EHR quote

Despite hopes that the rising tide in occupancy rates would lift all boats for the seniors housing industry, many operators with full properties still wrestle with revenue volatility that hinders financial performance. This phenomenon can be especially perplexing for investors who cut their teeth on other commercial property types where fully leased properties typically deliver healthy returns. Intent on their property’s real estate fundamentals, they risk overlooking the impact of clinical care on the bottom line. “Revenue volatility tends to be opaque for a lot of operators because it’s in the clinical world that turbulence happens with the residents, and …

2 FacebookTwitterLinkedinEmail
Laurel-Circle_Bridgewater-Township-N.J

BRIDGEWATER TOWNSHIP, N.J. — Continuum Advisors has brokered the sale of Laurel Circle, a continuing care retirement community (CCRC) located in Bridgewater Township, roughly 40 miles southwest of New York City.  David Kliewer and Jay Jordan of Continuum arranged the transaction. An affiliate of Maxwell Group and Senior Living Communities was the buyer.  Totaling 270 units, Laurel Circle features 183 independent living apartments, 19 independent living villas, 30 assisted living residences, 10 memory care units and 28 skilled nursing units. The property also includes five acres of undeveloped land for future …

1 FacebookTwitterLinkedinEmail
Opus-Newton

NEWTON, Mass. — Developer, owner and operator 2Life Communities has opened Opus Newton, a new middle-market senior living community in Newton, roughly 10 miles outside Boston.  Units at the continuing care retirement community (CCRC), which totals 172 apartments, range in size from 650 square feet to 1,350 square feet. Monthly rental rates at the community range from roughly $2,000 to $5,000, with entry fees beginning at $400,000.  Amenities at the community include a hair salon, convenience store, gym, fitness room, rehab room, health and wellness center, art studio, classroom, libraries, an …

0 FacebookTwitterLinkedinEmail

ST. LOUIS — Blueprint has arranged a lease with a purchase option for a continuing care retirement community (CCRC) totaling 225 units in St. Louis.  According to Blueprint, the property was marketed for sale by the owner and operator and was experiencing operational challenges at the time of marketing. Blueprint invited both outright purchase and lease with purchase option proposals for the community.  A regional owner and operator with a footprint in Missouri and Illinois will now operate the property. 

1 FacebookTwitterLinkedinEmail
Bird-Chris-LCS

DES MOINES and CHICAGO — LCS, the third largest U.S. seniors housing operator, has entered into a strategic merger agreement to acquire Vi, an operator of 10 luxury continuing care retirement communities (CCRCs) across the country. Headquartered in Chicago, Vi is a hospitality-inspired senior living company with over 3,000 employees serving more than 4,000 residents. Vi’s CCRCs are located in six states: Arizona, California, Colorado, Florida, Illinois and South Carolina. The company was founded in 1987 as Classic Residence by Hyatt by Penny Pritzker and rebranded as Vi in 2010. …

0 FacebookTwitterLinkedinEmail
Peter Feeney DISH Business quote from article

The next generation of residents entering senior living communities is more digitally native than ever before. Many have embraced mobile devices, smart technology and digital streaming, and they expect the same convenience and technology in their seniors housing environments. According to a recent AARP survey, nearly two-thirds of respondents say technology enriches their lives by making daily life and aging easier.​ They’re increasingly using digital services to manage their finances, social lives and health and wellness. AARP research also found that among adults aged 50 and over, 91 percent own …

3 FacebookTwitterLinkedinEmail
Newer Posts