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Spellman Brady Completes Interior Design for Memory Care Expansion in Shrewsberry, Missouri

by Jeff Shaw

SHREWSBERRY, Mo. — Spellman Brady & Co. has completed the interior design for the addition to Our Mother of Perpetual Help Memory Care on the Cardinal Ritter Senior Service’s Shrewsberry campus. The single-story memory care addition has two wings consisting of 13 private units each. A small-home concept guided the overall design to create a residential home-like, non-institutional setting for residents. Spellman Brady collaborated with Vessel Architecture, which developed the building addition, and BSI Constructors, the general contractor for the project.

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AcquisitionsMemory CareNewsOklahoma

Blueprint Brokers Sale of 54-Unit Memory Care Portfolio in Oklahoma

by Jeff Shaw

TULSA and OKLAHOMA CITY, Okla. — Blueprint Healthcare Real Estate Advisors has brokered the sale of two memory care communities totaling 54 units in Tulsa and Oklahoma City. Built in 2015 and 2016, the communities were fully stabilized in 2018 and 2019, were resilient through the pandemic and sharply rebounded to near 100 percent occupancies at the time of marketing in mid-2022. The buyer was a Texas-based owner-operator focused on standalone memory care in the region. Blueprint also assisted the buyer with debt placement through an existing bank relationship. The …

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AcquisitionsMemory CareNewsUtah

SLIB Brokers Sale of 66-Bed Barrington Place in Clinton, Utah

by Jeff Shaw

CLINTON, Utah — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Barrington Place, a 66-bed memory care community in Clinton, 30 miles north of Salt Lake City. The facility was built in 2016, totaling approximately 32,862 square feet on 2.9 acres of land. A national owner-operator seeking to sell non-core assets sold the property to a family office based in the West for an undisclosed price. The new owner plans to install Ridgeline Management Co. as the operator. Jason Punzel, Vince Viverito and Brad Goodsell of SLIB handled …

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AcquisitionsMemory CareNewsUtah

SLIB Negotiates Sale of 66-Bed Pheasant Run in Clinton, Utah

by Jeff Shaw

CLINTON, Utah — Senior Living Investment Brokerage (SLIB) has arranged the sale of Pheasant Run, a memory care community in Clinton, approximately 30 miles north of Salt Lake City. Built in 2015, the facility consists of 45 units and 66 beds across approximately 32,862 square feet, on three acres of land. A regional owner exiting the Utah market sold the asset to a family office based in the Western U.S. for an undisclosed price. The new owner plans to use Ridgline Management Company as the operator. Jason Punzel, Vince Viverito …

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AcquisitionsMemory CareNewsOklahoma

Blueprint Negotiates Sale of 38-Unit Memory Care Community in Oklahoma City

by Jeff Shaw

OKLAHOMA CITY — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 38-unit memory care community in an affluent neighborhood of Oklahoma City. The seller was a private equity fund seeking to exit its only standalone memory care property. Built in 2010, the community had strong historical occupancy, but was negatively impacted by the COVID-19 pandemic and was in the early stages of a performance rebound. The community was positioned as a value-add opportunity for buyers to capitalize on the strong demographics and surprising scarcity of standalone memory …

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ColoradoMemory CareNewsOperationsPeople

Anthem Memory Care Appoints Lebana Prahl as Executive Director of Willowbrook Place in Littleton, Colorado

by Jeff Shaw

LITTLETON, Colo. — Anthem Memory Care has named Lebana Prahl as executive director of Willowbrook Place in the Denver suburb of Littleton. She will oversee all daily care, programming and operations. Prahl previously was executive director for HighPointe Assisted Living & Memory Care in Denver. She has also served as executive director for Highlands Assisted Living and Memory Care in Lakeland, Florida. Prahl graduated with a bachelor’s degree in music therapy from Colorado State University. She is a certified dementia practitioner and brings over 26 years of senior living experience …

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Memory CareNewsPeople

Anthem Memory Care Appoints Jamie Floyd as Regional Director of Sales, Marketing

by Jeff Shaw

LAKE OSWEGO, Ore. — Anthem Memory Care, a Lake Oswego-based operator, has named Jamie Floyd as regional director of sales and marketing. She is responsible for the overall sales and marketing of 12 communities in Illinois, Colorado, Minnesota, California and Kansas. Floyd previously was vice president, sales, new developments, acquisitions and sales training for Atria Senior Living. She also served as national sales specialist and regional sales manager with Atria and director of marketing and education for Odyssey Healthcare. Throughout her 37-year career in healthcare, Floyd has specialized in sales …

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AcquisitionsConnecticutMemory CareNews

Cushman & Wakefield Arranges Sale of 46-Unit Buckingham Heights Memory Care Community in Glastonbury, Connecticut

by Jeff Shaw

GLASTONBURY, Conn. — Cushman & Wakefield has arranged the sale of Buckingham Heights, a 46-unit, 52-bed memory care community in Glastonbury, a suburb of Hartford. Richard Swartz, Jay Wagner, Aaron Rosenzweig, Jim Dooley and Jack Griffin represented the seller, Longview Senior Housing, in the transaction. Hamister Group, a seniors housing investor and operator, purchased the property for an undisclosed price. “This community had some of the most durable cash flow we’ve seen in today’s market and its strong location was especially attractive,” says Wagner. The property is a single-story building …

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AcquisitionsConnecticutMemory CareNews

Hamister Group Acquires 46-Unit Brookdale Buckingham Memory Care Community in Glastonbury, Connecticut

by Jeff Shaw

GLASTONBURY, Conn. — Hamister Real Estate Equity Fund III, a private real estate fund sponsored by Hamister Group, has acquired Brookdale Buckingham, a standalone memory care community in Glastonbury, a suburb of Hartford. The community will be renamed Buckingham Heights. The community first opened in 2001 and underwent a full renovation in 2020. The community features 46 units in a 33,640-square-foot building. Buckingham Heights will become the ninth senior living community in the company’s managed portfolio.

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Assisted LivingIndustry ContentLegal IssuesMemory CareOperationsPeopleSkilled NursingTechnologyVideosWebinars

Webinar: Modernizing Seniors Housing Care — Simplifying Workflows for Caregivers through Technology

by Sarah Daniels

  On Sept. 8, Seniors Housing Business hosted a panel discussion called “Modernizing Seniors Housing Care — Simplifying Workflows for Caregivers through Technology” where four seniors housing industry experts spoke about streamlining and improving resident care. Tech innovations were the focus of the webinar. What tools and data help most when it comes to senior care? Listen to hear in-depth discussions on the topics and more: The latest trends in technology-enabled senior care How technology can help simplify workflows and increase productivity The importance of machine learning to drive more proactive …

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