Memory Care

DevelopmentMemory CareNew HampshireNews

Benchmark Completes Improvement Project at Evolve at Rye in New Hampshire

by Jeff Shaw

RYE, N.H. — Benchmark Senior Living has completed a community enhancement initiative and rebranding of its memory care community in Rye. Evolve at Rye is now Benchmark at Rye. Benchmark purchased and began operating the community in November 2020. In addition to offering long-term residency, Benchmark at Rye is also a short-term respite care provider for those needing a break from caregiving, require extra care temporarily or a seek a trial of community living. Benchmark is looking to add traditional assisted living on the same campus.

Continue Reading
0 FacebookTwitterLinkedinEmail
Active AdultAssisted LivingIndustry ContentMemory CarePeopleSkilled NursingVideosWebinars

Webinar: Invigorating the Seniors Housing Workforce

by Sarah Daniels

  In a July 22 Seniors Housing Business webinar titled “Invigorating the Seniors Housing Workforce: Strategies to Inspire, Engage, and Retain Talent,” panelists discussed challenges in finding and motivating employees in the senior living industry. Seniors housing communities struggled to find staff prior to COVID-19, but a combination of factors is currently exacerbating the difficulties in communities. These components include competing opportunities, government unemployment programs and safety concerns related to the pandemic. Lisa Lacy, Discovery Senior Living, explains “We are competing with organizations that we didn’t typically compete with. It’s not …

Continue Reading
3 FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMemory CareNews

SLIB Negotiates Sale of Two Memory Care Communities in Illinois

by Jeff Shaw

TAYLORVILLE and PARIS, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two Life’s Journey-branded memory care communities in Taylorville and Paris, located approximately 97 miles apart in the southern portion of Illinois. Life’s Journey of Taylorville features 46 units in 25,000 square feet on a 4.2 acre plot. The community was built in 2012 and renovated in 2014. Occupancy was 69 percent at the time of sale. Life’s Journey of Paris features 23 units in a 9,200-square-foot building on 0.7 acres. The community was built in …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsMemory CareNewsVirginia

Blueprint Brokers $31M Sale of Memory Care Portfolio in Virginia

by Jeff Shaw

RICHMOND and VIRGINIA BEACH, Va. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two memory care communities in Richmond and Virginia Beach ProMedica acquired the assets with ownership partner Welltower for $31 million. The seller was not disclosed. The portfolio included two fully stabilized communities that boasted high occupancy and above-market rates. The Memory Center Richmond consists of 48 units and opened in 2015 while The Memory Center Virginia Beach consists of 48 units and opened in 2008.

Continue Reading
0 FacebookTwitterLinkedinEmail
Memory CareNewsPeople

Grace Management Hires Ashlea Smalley as National Director of Life Enrichment, Memory Care

by Jeff Shaw

MAPLE GROVE, Minn. — Grace Management, a Maple Grove-based operator, has hired Ashlea Smalley as national director of life enrichment and memory care. Smalley will provide support, inspiration and training for life enrichment and memory care to all of Grace Management’s senior living communities throughout the country. Smalley has worked in the senior living industry for 15 years in skilled nursing, primarily within memory care. In addition to her work in senior living, she has also taught as an adjunct professor at Northern Illinois University and Benedictine University in their …

Continue Reading
0 FacebookTwitterLinkedinEmail
Memory CareNewsOperationsTexas

SilverPoint Senior Living to Operate La Fontaine of Frisco Memory Care Community in Texas

by Jeff Shaw

FRISCO, Texas — SilverPoint Senior Living has formed a new partnership with La Fontaine Memory Care under which SilvrePoint will manage La Fontaine of Frisco in Frisco, a suburb of Dallas. “As SilverPoint is continuing to grow, we want to be strategic as we add to the portfolio of communities we manage. We truly connected on a personal level with the ownership group and both agreed that SilverPoint can add value to the La Fontaine community,” says Shawn Corzine, CEO at SilverPoint. “Paramount Healthcare’s expertise has historically focused on individuals …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentMemory CareMinnesotaNews

Anthem Memory Care Nears Completion of Cascade Creek in Rochester, Minnesota

by Jeff Shaw

ROCHESTER, Minn. — Anthem Memory Care has neared completion of Cascade Creek, a memory care development in Rochester. The project will be Anthem’s 12th and its first in Minnesota. The company says the number of people with memory care in the state is expected to rise by more than 20 percent by 2025. Cascade Creek features 45 suites that can accommodate 50 residents in a two-story building. The property is scheduled to open this summer.

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentMemory CareNevadaNews

Oakmont Finishes 31-Unit Memory Care Expansion at Community in Las Vegas

by Jeff Shaw

LAS VEGAS — Oakmont Senior Living has completed an expansion and renovation project at Oakmont of Las Vegas, which included the new construction of 31 memory care units. “Memory care is an essential part of continuity of care and important to families who don’t want to uproot their loved ones should they need to transition to this type of care,” says Melon Rivera, executive director at Oakmont of Las Vegas. The community already offered independent living and assisted living. In addition to the new memory care neighborhood, the multi-million-dollar renovation …

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingDevelopmentIndependent LivingIndustry ContentMemory CareOperationsPeopleSkilled NursingVideosWebinars

Webinar: Seniors Housing Valuation Outlook — What’s Next Now that the Pandemic End is in Sight?

by Sarah Daniels

  How do owners, operators, investors, developers and lenders view valuation in seniors housing? Seniors Housing Business and sponsor V&IG hosted the webinar “Seniors Housing Valuation Outlook — What’s Next Now that the Pandemic End is in Sight?” to weigh in as trends in the market solidify. What can the seniors housing industry expect when it comes to construction, labor, the impact of equity and debt on valuations, changing operating models and more? How can the industry bounce back from low occupancy rates? What will determine value now and in the immediate …

Continue Reading
3 FacebookTwitterLinkedinEmail
Derek Ross Philips Seniors Housing Technology
Content PartnersFeaturesIndustry ContentMemory CareOhioOperationsPeopleSkilled NursingTechnology

Personalizing Wellness: Using Data to Promote Resident Health

by Sarah Daniels

Seniors housing technology has long been focused on health and safety — keeping residents safe from falls, managing medicines and addressing health changes that require a doctor’s oversight. But the future of seniors housing may lie more in the direction of holistic wellness — personalized nutrition, evidence-based decision-making for increasing or decreasing medical interventions and better resident experiences. Over the next decade, data will be the driving force for communities that embrace wellness goals, according to Derek Ross, CEO, Aging and Caregiving at Philips.  “There is a huge opportunity to …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts