COLUMBUS, Ohio — Otterbein SeniorLife has recently joined Perennial Advantage of Ohio Inc., a Columbus-based operator-owned Medicare Advantage Special Needs Plan. Otterbein launched the Perennial program in nine of its locations. With this partnership, Perennial Advantage will now operate in 40 senior living communities across Ohio. Perennial Advantage, a member of Perennial Consortium LLC, offers enhanced care for residents of nursing homes, assisted living facilities and independent living communities by providing on-site care teams of healthcare professionals. These teams will work together with each facility’s existing staff to enhance quality …
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WELLINGTON, Fla. — Liberty Senior Living has completed construction of Wellington Bay, a seniors housing community in the South Florida village of Wellington. The property offers independent living apartments, garden flats and villas, as well as Lisbet Health Center, which offers assisted living and memory care services. The community is located on 40 acres and includes a 65,000-square-foot clubhouse. Although the number of units and development costs were not disclosed, in 2019 SunTrust Bank provided $39 million in construction financing for the project, which at that time was slated to …
SVN Cornerstone Arranges $10.1M Sale of Whispering Pines Apartments in Spokane, Washington
SPOKANE, Wash. — SVN Cornerstone has arranged the sale of Whispering Pines Apartments, an age-restricted apartment community in Spokane. The asset traded for $10.1 million. The unassisted seniors housing community offers two- and three-bedroom units with two-car garages and individual backyards. Community amenities include a clubhouse and dog park. Nate Gant and Guy Byrd of SVN Cornerstone represented the undisclosed seller, while Levi Sterley of Lee & Associates represented the undisclosed buyer in the deal.
PROVIDENCE, R.I. — JD Solutions Group (JDSG) has hired Kellie Kulick as vice president of coaching and training. Kulick brings more than 20 years of experience in senior living operations and sales to a growing coaching and training sales consultancy. “Kellie knows first-hand what it takes to succeed as an Executive Director and Regional Sales leader in today’s world of senior living sales,” says Jennifer Dixon, the company’s CEO. With sales training and consulting clients across all markets in the United States, JDSG has seen demand from senior living operators …
Avenue Development Breaks Ground on Viva Bene Active Adult Community in St. Peters, Missouri
ST. PETERS, Mo. — Avenue Development has broken ground on the first active adult community under its new Viva Bene brand. Located in St. Peters, a western suburb of St. Louis, the 195,000-square-foot campus will feature 161 units. Concurrent with the groundbreaking announcement, Avenue noted that its Viva Bene-branded communities will partner with national primary care provider Sevi Health. The partnership combines Viva Bene’s vision of delivering wellness amenities with Sevi Health’s mission to simplify primary care for residents by helping seniors navigate a complicated healthcare system. “Sevi Health’s leadership …
LAKEWOOD, Colo. — Vivage Senior Living and Beecan Health Colorado have merged, bringing together an integrated network of care. The two companies combined operate 42 skilled nursing facilities totaling 3,600 licensed beds in the state of Colorado. In addition to providing a large variety of placement options, Vivage-Beecan is also dedicated to enhancing specialty program development. This unified network of skilled nursing facilities allows residents and family members greater access to healthcare solutions in every corner of the state of Colorado, according to the company.
BOSTON — The Architectural Team (TAT) and Beacon Communities LLC have opened Phase III of The Anne M. Lynch Homes at Old Colony, an affordable seniors housing community in South Boston. The new building feature 55 units and was built using Passive House sustainability standards. the project recently won a design excellence award in the low-rise multifamily category from the Passive House Institute U.S. chapter. “The Passive House approach is a game-changer for affordable and workforce housing projects, which can significantly benefit from the standard’s lower ongoing operating costs, healthier …
TOLEDO, Ohio and ROANOKE, Va. — Welltower Inc (NYSE: WELL) and Retirement Unlimited Inc. (RUI) have formed a partnership under which RUI will operate luxury seniors housing communities under a newly launched Elancé brand. Welltower, a Toledo-based REIT, installed Roanoke-based RUI as the operator of Fountains at Washington House in Alexandria, Virginia in November. Following the change, the property was renamed Elancé at Alexandria and became the first community under the new banner. The two companies have planned a “significant expansion in the programmatic relationship between Welltower and RUI” in …
SOUTH BEND, Ind. — Strawberry Fields REIT, a South Bend-based owner of skilled nursing facilities, assisted living facilities and long-term acute care hospitals throughout the Midwest and South, will officially begin trading on the New York Stock Exchange American on Wednesday, Feb. 22. The stock exchange, formerly known as the American Stock Exchange, is known for representing small-cap companies that are not yet big enough to list on the New York Stock Exchange, according the U.S. News & World Report. The company announced in April of last year that it …
CARLSBAD, Calif. — Integral Senior Living has named Jennifer Lester and Kelly Ainsworth as senior executive directors of their respective communities. Lester is the executive director of Sage Spring Senior Living, which opened in December 2020. Ainsworth currently serves as the executive director for Parkview on Hollybrook. Carlsbad-based Integral more than 100 senior living communities offering independent living, assisted living and memory care in 25 states.