TINLEY PARK, Ill. — Anthem Memory Care has promoted Laporsha Chavers to executive director for Porter Place in Tinley Park, approximately 25 miles southwest of Chicago. Chavers previously was associate executive director for Porter Place. She also served as associate executive director for Grace Point Place, an Anthem community in nearby Oak Lawn. The certified dementia care practitioner brings over 18 years of senior living experience to this position. She earned a bachelor’s degree in business administration from Governors State University and an MBA from Purdue University.
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Webinar: Meet Seniors Housing’s Contrarians — A Handful of Investors Go Big in a Challenging Environment
The June 27 webinar “Meet Seniors Housing’s Contrarians — A Handful of Investors Go Big in a Challenging Environment” covered the difficulties and opportunities in seniors housing, including the impact of rising interest rates, the rise of regional operators and best practices for meeting regulatory requirements. The panel of industry experts also shared insights on managing troubled assets and adapting to post-pandemic challenges in the healthcare real estate industry. Despite concerns about affordability and rising insurance costs, there were signs of growth and opportunity in the sector. Speakers emphasized the …
ELLICOTT CITY, Md. — Lutheran Social Ministries of Maryland has broken ground on Phase II of its expansion at Lutheran Village at Miller’s Grant. The seniors housing property is located in Ellicott City, a suburb west of Baltimore. The project will add a new performing arts center, chapel and independent living apartment building while expanding the healthcare center and assisted living to include a new memory care support neighborhood. The performing arts center and chapel will serve as a multifunctional, 17,000-square-foot space, a hub for residents and team members to …
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Webinar: Resident-Focused Renovation — A Seniors Housing Success Story
The June 4 webinar Resident-Focused Renovation — A Seniors Housing Success Story explored a case study in renovation and elaborated on what this project reveals about key trends in seniors housing renovations. The discussion also covered best practices for renovating a senior living community with minimal disruption to residents as well as maximum energy and cost savings for owners and operators. Occupied renovation in the senior living space can be challenging, but all three panelists assert that keeping residents in place while upgrading technology can be a viable, cost-efficient option …
ALPHARETTA, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Tapestry House Memory Care in Alpharetta, a suburb north of Atlanta. The community sits on 1.9 acres offering 42 units of memory care. The seller, Insignia Senior Living, is divesting of its U.S.-based assets to focus on core geographic markets in Puerto Rico and Latin America. The undisclosed buyer is looking to expand its skilled nursing and assisted living portfolio throughout Georgia. Daniel Geraghty and Bradley Clousing handled the transaction for SLIB. “This acquisition was strategic for …
SAVOY, Ill., and FRANKLIN, Wis. — Anthem Memory Care has assumed management of two communities — Savoy Place in Savoy and Franklin Place in Franklin. Under the agreement, Anthem Memory Care is managing all aspects of the communities’ operations and will add regional staff, technology and training programs to adapt the communities to its approach to care. The new properties bring Anthem’s portfolio up to 20 properties and marks the Oregon-based operator’s entry into Wisconsin. With existing communities in Arkansas, California, Colorado, Illinois, Kansas, Minnesota and Ohio, Anthem now manages …
VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based operator, has promoted James Brassard to a new executive leadership role as director of Market Street operations. Market Street Memory Care Residences are luxury communities that Watercrest designed and operates. Brassard joined the Watercrest family in 2019 with extensive experience in senior living start-ups and turnaround communities. He successfully led the acquisition and turnaround of the company’s Palm Bay Memory Care community before advancing to executive director of Pelican Landing Assisted Living and Memory Care. In his new role, …
DAVENPORT, Iowa — Health Dimensions Group (HDG) has taken over management of Country Manor Memory Care in Davenport. Country Manor Memory care is the Quad Cities’ only freestanding memory care community, according to HDG. The community features 38 licensed beds. Further details were not disclosed.
JACKSONVILLE — Senior Living Investment Brokerage (SLIB) has arranged the sale of Rosecastle of Deerwood, a 60-unit memory care community in Jacksonville. The asset was built in 2015 on approximately 3.4 acres. The buyer was a Florida-based entity using a 1031 exchange. The seller and price were not disclosed. Brad Clousing and Daniel Geraghty led the transaction for SLIB.
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Evolution of Customer Needs, User Behavior Drive Future of Electronic Health Records
Consumer expectations of technology are evolving due to a generational shift. Today’s senior living and long-term care residents and their family members are becoming increasingly tech-savvy. Their adeptness with digital solutions continues to grow with new technology. Residents and their families’ use of these tools is expanding rapidly to include staying updated on health and activities, tracking medication, managing important documentation and overseeing finances. Electronic health records (EHRs) can assist in centralizing this information and can conform to the latest customer needs. Residents and their loved ones expect easy access …