News

ColoradoMemory CareNewsOperationsPeople

Anthem Appoints Iva Prinsen as Executive Director for Chelsea Place in Aurora, Colorado

by Jeff Shaw

AURORA, Colo. — Anthem Memory Care has named Iva Prinsen as executive director for Chelsea Place in Aurora. In this capacity, she will oversee all daily care, programming and operations. Prinsen previously was executive director for Springbrooke Senior Living in Denver. She also served as the licensed nursing home administrator for Azria Health in Blue Hill, Nebraska. Prinsen brings over 35 years of senior living experience to this position. She earned a bachelor’s degree from Stevens-Henager College in Salt Lake City.

Continue Reading
1 FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentNewsWashington, D.C

Enterprise Receives Financing for 151-Unit Edgewood Commons V Affordable Community in Washington, D.C. 

by Jeff Shaw

WASHINGTON, D.C. — Enterprise Community Development Inc. has received an undisclosed amount of financing for development of Edgewood Commons V, a 151-unit affordable seniors housing community in Northeast Washington, D.C. The development is part of the larger Edgewood Commons development, which will feature nearly 800 affordable housing units. Edgewood Commons V will feature 11 studios, 135 one-bedroom and five two-bedroom apartments. Of those, 96 apartments will be available for residents earning up to 30 percent of the area median income (AMI), 54 apartments will be available for residents earning up …

Continue Reading
1 FacebookTwitterLinkedinEmail
Assisted LivingDevelopmentNew JerseyNews

Chelsea Senior Living Opens Community in Washington Township, New Jersey

by Jeff Shaw

WASHINGTON TOWNSHIP, N.J. — Chelsea Senior Living has opened The Chelsea at Washington Township, an assisted living and memory care community in Washington Township, a suburb of Philadelphia. Capitol Seniors Housing is the property owner. The number of units was not disclosed. This will be Chelsea’s second community in Bergen County, 18th in New Jersey and 23rd overall. Chelsea and CSH are working together on their next community in the New York City suburb of West Orange, New Jersey, projected to open in 2025. Chelsea also opened its Fair Lawn, …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingIndianaNews

Blueprint Negotiates Sale of Two Communities in Indianapolis

by Jeff Shaw

INDIANAPOLIS — Blueprint Healthcare Real Estate Advisors has arranged the sale of two assisted living communities in Indianapolis. Both assets were built in the late 1990s. Further details on the properties were not disclosed. Bloom Senior Living acquired the communities and plans to reposition them as the premier affordable options in Indianapolis by utilizing the Indiana Assisted Living Waiver Program. The seller and price were not disclosed. Ryan Kelly, Connor Doherty, Amy Sitzman and Giancarlo Riso led the Blueprint team.

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsNewsWisconsin

SLIB Arranges Sale of 73-Unit Community in Footville, Wisconsin

by Jeff Shaw

FOOTVILLE, Wis. — Senior Living Investment Brokerage has negotiated the sale of a 73-unit community in Footville, a village of fewer than 1,000 residents located approximately midway between Madison and Rockford, Illinois. The community-based residential facility (CBRF) was built in 2009. If totals 56,912 square feet on approximately seven acres of land. The seller was a group of local real estate owners seeking to retire from the industry. The buyer was an experienced local operator that partnered with an out-of-state equity group. This is the ninth community added to the …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentIndependent LivingNewsTexas

JPI Begins Leasing 185-Unit Independent Living Community in Anna, Texas

by Jeff Shaw

ANNA, Texas — Locally based developer JPI, in partnership with the City of Anna, has begun leasing Parmore Anna Senior Living, a luxury independent living community located approximately 50 miles north of Dallas.  The property will be the first of its kind in Anna and JPI’s second installment in its new line of senior housing developments. The Anna Housing Finance Corp. is also a partner on the project.  The 150,000-square-foot community will span over nine acres and include 185 apartments. Rents start at $1,100 per month for a one-bedroom unit.

Continue Reading
1 FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentKentuckyNews

Woda Cooper, Housing Services Alliance Open 57-Unit Haven Crossing Affordable Community in Walton, Kentucky

by Jeff Shaw

WALTON, Ky. — Developer Woda Cooper Cos. Inc. and co-developer Housing Services Alliance have opened Haven Crossing, an affordable seniors housing community in Walton, approximately 20 miles south of Cincinnati. Haven Crossing is a three-story building with an elevator that provides 33 one-bedroom units and 24 two-bedroom units. It is restricted to residents age 55 and over earning 30 percent to 80 percent of the area median income (AMI). Project partners included Kentucky Housing Corp., Boone County, City of Walton, Marble Cliff Capital and First Financial Bank. Primary financing for …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsPeople

Former Rose Villa CEO Vassar Byrd Takes the Reins at Kendal

by Jeff Shaw

NEWARK, Del. — Kendal, a Newark based nonprofit owner of large-scale continuing care retirement communities (CCRCs), has hired Vassar Byrd as CEO. She will join the organization in January. Byrd previously led Rose Villa, a CCRC in Portland, Oregon, through a 10-year transformation before announcing her plans to move on this summer. She also recently served as president of LeadingAge Oregon’s Board of Directors. Amy Harrison, who has served as interim CEO since the beginning of the year, will resume her role as chief financial officer.

Continue Reading
1 FacebookTwitterLinkedinEmail
AcquisitionsMemory CareMinnesotaNews

SLIB Negotiates Sale of 65-Unit Memory Care Community in St. Paul, Minnesota

by Jeff Shaw

ST. PAUL, Minn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of The Alton, a 65-unit memory care community in St. Paul. The community was built in 2008. It totals 52,516 square feet on approximately 0.88 acres of land. The seller was a multifamily owner/developer looking to focus on its market-rate portfolio. The buyer was an experienced home health operator in the Minnesota market looking to grow its presence in traditional senior living real estate investments. The price was not disclosed. Jason Punzel, Jake Anderson, Brad Goodsell and …

Continue Reading
0 FacebookTwitterLinkedinEmail
IllinoisNewsOperationsPeople

Lifespace Communities Names Elijah Heyboer as Executive Director at GreenFields of Geneva 

by Jeff Shaw

GENEVA, Ill. — Lifespace Communities has promoted Elijah Heyboer to executive director at GreenFields of Geneva, a senior living community in Geneva, approximately 40 miles west of Chicago.  Heyboer originally joined Lifespace as administrator of the GreenFields’ health center in March before becoming interim executive director in September.  Prior to joining Lifespace, Heyboer served as human resources director at Park Place of Elmhurst, a Providence Life Services senior living community, before becoming healthcare administrator, where he oversaw subacute rehab, long-term care, assisted living and memory care.  Heyboer earned a bachelor’s …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts