Independent Living

Assisted LivingIndependent LivingIndustry ContentMemory CareOperationsPeopleSkilled NursingTechnologyVideosWebinars

Webinar: Safeguarding Residents and Caregivers During COVID-19

by Sarah Daniels

Seniors Housing Business hosted a panel discussion on June 3 entitled “Safeguarding Residents and Caregivers During COVID-19: Technologies that Prevent Infectious Disease Spread” where expert panelists addressed the importance of technology and creativity in keeping residents safe and connected, both during the pandemic and as nationwide shutdowns are ending. A high-touch industry like seniors housing requires a high-tech approach to ensure residents are healthy and feel part of their community. How can those in the industry elevate services, drive down costs and adapt in the face of new data? Learn …

Continue Reading
3 FacebookTwitterLinkedinEmail
DevelopmentIndependent LivingNewsTexas

KWA Construction Breaks Ground on 120-Unit Independent Living Expansion in Fort Worth

by Jeff Shaw

FORT WORTH, Texas — Locally based general contractor KWA Construction has broken ground on Phase II of the Columbia Renaissance Square multifamily project. The new building will add 120 independent living units. Phase I of the project, which Columbia Residential and Renaissance Heights Development Group are developing, delivered 140 units, the majority of which were affordable housing residences. Phase II is scheduled for completion in December.

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceIndependent LivingNewsPennsylvania

CBRE Arranges Supplemental Financing for Arbour Square of Harleysville, Pennsylvania

by Jeff Shaw

HARLEYSVILLE, Pa. — CBRE has arranged an undisclosed amount of supplemental financing for Arbour Square of Harleysville, a 276-unit independent living community. Located approximately 35 miles north of downtown Philadelphia, the community was opened in two phases between 2006 and 2014. The borrower is Green Courte Partners, and the company’s wholly owned subsidiary True Connection Communities operates the property. Aron Will, Austin Sacco and Tim Root arranged the Freddie Mac loan. Further details of the transaction were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsIndependent LivingNewsOhio

ESI Arranges Sale of Six-Unit Property in Ohio

by Jeff Shaw

GREEN SPRINGS, Ohio — Evans Senior Investments (ESI) has brokered the sale of of Eden Springs Garden Homes, a six-unit independent living community in Green Springs, a small village between Cleveland and Toledo. The property is part of the Eden Springs Healthcare & Senior Living campus, which was built in phases between 1963 and 2006. The larger campus was placed into receivership in January 2019. The court-appointed receiver sold the Garden Homes portion to an undisclosed buyer for $943,000, or $157,000 per unit. The six units were all occupied at …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsFloridaIndependent LivingNews

Cushman & Wakefield Arranges $22.2M Sale of The Pointe at Ocean Boulevard in Stuart, Florida

by Jeff Shaw

STUART, Fla. — Cushman & Wakefield Senior Housing Capital Markets has arranged the sale of The Pointe at Ocean Boulevard, a seniors housing community in Stuart, approximately 100 miles north of Miami. Sentio Investments sold the asset to an affiliate of Waypoint Real Estate Investments for $22.2 million. Arrow Senior Living will continue to operate the community The Pointe at Ocean Boulevard features 150 units of independent living near the city’s waterfront and downtown areas. The property was built in 1986 and recently renovated. The Cushman & Wakefield team involved …

Continue Reading
0 FacebookTwitterLinkedinEmail
Independent LivingIndustry VoicesOperationsTechnology

Independent Living Operators Can Focus on Facebook During Quarantine

by Jeff Shaw

Organic social media content is more important than ever during COVID-19 pandemic for residents and prospects. By Greg Eves, United Group of Companies Independent living is a lifestyle choice for seniors. Whether prospective residents are looking to downsize their home, escape the burdens of homeownership, broaden their social life or move closer to their adult children and grandchildren, it’s crucial for property management companies to understand that they’re selling more than just a place to live. They’re selling a unique lifestyle. For years, property management companies have turned to social …

Continue Reading
0 FacebookTwitterLinkedinEmail
ArkansasDevelopmentIndependent LivingNews

Resort Lifestyle Communities Opens 128-Unit Independent Living Community in Little Rock, Arkansas

by Jeff Shaw

LITTLE ROCK, Arkansas — Resort Lifestyle Communities has opened Chenal Pines, a new retirement community in Little Rock. The community offers 128 independent living apartments in a mix of one-, two- and three-bedroom layouts. “Our research indicated there was a significant need for additional independent senior living communities in the Little Rock area,” says Phil Benjamson, COO of Resort Lifestyle Communities.

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingCCRCIndependent LivingIndustry ContentOperationsWebinars

Webinar: Effectively Market Seniors Housing Properties During COVID-19

by Sarah Daniels

During this unprecedented time, marketing and sales professionals must continue to connect and engage with prospects, both existing and new. This webinar features panelists discussing what COVID-19 has meant for the seniors housing sector and strategies for effective marketing despite social distancing, shelter-in-place, and quarantine situations. Learn what alternate lead-generation options are available to continue to work toward 2020 sales and marketing goals. Hear what strategies industry peers are incorporating to manage through this time of uncertainty. Expert panelists weigh in with advice and helpful information about what industry professionals …

Continue Reading
4 FacebookTwitterLinkedinEmail
AcquisitionsFinanceIndependent LivingNewsTexas

JLL Arranges Sale of Gardens at Spring Shadows in Houston

by Jeff Shaw

HOUSTON — JLL Capital Markets has arranged both the sale of and financing for The Gardens at Spring Shadows, a 384-unit independent living community in Houston’s Spring Branch submarket. JLL served as the seller’s listing agent. Additionally, JLL’s debt placement team worked on the new owner’s behalf to arrange a three-year, floating-rate loan with two one-year extension options through Ready Capital. In addition to funding the acquisition, the balance of the loan will be used for the rehabilitation of the property. The Gardens at Spring Shadows sits on 11.4 acres. …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsFinanceIndependent LivingIndianaM&T Realty Capital CorporationNews

M&T Provides $26.4M Acquisition Financing for Independent Living Community in Indianapolis

by Jeff Shaw

INDIANAPOLIS — M&T Realty Capital Corp. has provided a $26.4 million bridge loan for the acquisition of an 811-unit independent living property in Indianapolis. The financing features 80 percent loan-to-value ratio, a two-year term, a fixed rate of 4.7 percent and full-term interest-only payments. John Taylor of M&T Realty Capital’s Florham Park, New Jersey, office led the transaction. The buyer, seller and name of the community were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts