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Engel Burman Founder Sydney Engel Passes Away at 98

by Jeff Shaw

JERICHO, N.Y. — Sydney Engel, founder of Jericho-based seniors housing developer Engel Burman, has died at the age of 98. Born in Brooklyn in 1923, Engel cared for his ailing father, during which time he started an insulation company, eventually expanding to include roofing, siding and oil burner conversions. Together with his first non-family business partner, Sol Henkind, Engel would further expand his business over the next 50 years, building nursing homes, office buildings and thousands of rental units throughout the New York-New Jersey metro area. In 1997, at the …

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AcquisitionsCCRCNew HampshireNews

Covenant Living Acquires Hillside Village CCRC in Keene, New Hampshire

by Jeff Shaw

KEENE, N.H. — Covenant Living Communities and Services has agreed to acquire Hillside Village Keene, a continuing care retirement community (CCRC) in Keene, just north of the Massachusetts border. Covenant is purchasing the community out of bankruptcy in a deal scheduled to close in early 2022. The price was not disclosed. Hillside Village opened in 2019 with 141 independent living units, 43 assisted living units, 18 assisted living/memory care units and 20 nursing care suites. Its ability to achieve a healthy occupancy was severely interrupted by a suspension of sales …

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Active AdultDevelopmentNewsVirginia

Resort Lifestyle Communities Opens $30M Tuckahoe Pines in Richmond, Virginia

by Jeff Shaw

RICHMOND, Va. — Resort Lifestyle Communities (RLC) has opened Tuckahoe Pines Retirement Community, a seniors housing property in Richmond. Development costs were estimated at $30 million for the 180,000-square-foot community. Floor plans include studio, one-, two- and three-bedroom options. The type of care was not disclosed. This is the first RLC location in Virginia.

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CaliforniaDevelopmentMemory CareNews

Avenir Opens 88-Unit Memory Care Community in Los Angeles

by Jeff Shaw

LOS ANGELES — Avenir Senior Living has opened Avenir Memory Care Westside, a memory care community in Los Angeles’ Westchester neighborhood. The community features 88 units using a specialized program that aligns residents who have similar cognitive abilities. “We call this the cognitive lifestyle,” says Jason Gurash, vice president of sales and marketing for Avenir Senior Living. “Taking it a step further, every neighborhood is intentionally designed to look exactly the same. That way, everything is familiar. Residents feel comfortable and at home even if they need to move to …

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Active AdultDevelopmentNewsOperationsTennessee

Greystar to Manage Album Indian Lake Active Adult Community in Hendersonville, Tennessee

by Jeff Shaw

HENDERSONVILLE, Tenn. — Greystar has been awarded management of Album Indian Lake in the Nashville suburb of Hendersonville. Avenida is currently developing the property. “Album Indian Lake is an active adult community, providing an active lifestyle for likeminded adults in a similar life stage; this doesn’t exist in Hendersonville currently,” says Ally Hackney, senior regional property manager. “There is a need for this type of housing as we see more and more active adults looking to right-size their living environment, live a maintenance-free lifestyle and meet new friends within a …

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MississippiNewsPeopleSouth Carolina

Claiborne Senior Living Hires Two New Executive Directors for Communities in Southeast

by Jeff Shaw

SUMMERVILLE, S.C., and MCCOMB, Miss. ­— Claiborne Senior Living has hired Candy Cure as the executive director of The Claiborne at Brickyard Crossing, a new 142-unit seniors housing community set to open in mid-2022 in Summerville. Cure comes to Claiborne from a stint as senior executive director at Harmony Senior Services in Charleston. Joining Cure at Brickyard as community relations director is Teresa Hamlett. Hamlett previously served as director of sales and marketing at two other communities in the greater Charleston area. Meanwhile, Randall Wilson has assumed the role of …

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FeaturesNewsOperationsTechnology

Smart Tech Implementation Can Make Operations More Efficient, Say Webinar Panelists

by Jeff Shaw

Implementing technology is a tricky proposition for seniors housing operators. Will the return justify the expense? Will staff learn and use the technology? Will residents use it and like it? Perhaps most importantly, will it drive more efficiency and allow fewer employees to do more during a labor crisis? If a purchase is to be worthwhile, the answer to all of those questions should be “yes.” That was the message of panelists on a recent webinar entitled “Rethinking Seniors Housing Resident Engagement — Technology that Improves Staff Efficiencies while Enhancing …

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DevelopmentNewsTexas

Three Starts Construction of Touchmark at 271-Unit Touchmark at Emerald Lake in McKinney, Texas

by Jeff Shaw

MCKINNEY, Texas — Architecture firm Three has completed design and started construction of Touchmark at Emerald Lake, a seniors housing community in the northern Dallas suburb of McKinney. Located on 81 acres, the community will be built in two phases. The first phase will feature 149 independent living apartments, six casitas (duplex residences), 84 assisted living and 32 memory care residences. Thirty-two of the assisted living homes will be studios offering a smaller neighborhood environment and higher resident-to-staff ratio. A future phase will add a health and fitness center with …

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CCRCFinanceFloridaNews

Ziegler Arranges $16.6M Bond Refinancing for Oak Hammock at the University of Florida

by Jeff Shaw

GAINESVILLE, Fla. — Ziegler has arranged $16.6 million in bond financing for Oak Hammock at the University of Florida, a nonprofit continuing care retirement community in Gainesville. The community sits on an approximately 135-acre campus and consists of 269 independent living units, 46 assisted living units, 24 memory care units and 73 skilled nursing beds. The proceeds of the bonds will be used to refinance outstanding 2017 debt and finance approximately $1.9 million of capital expenditures. The 2021 bonds will be followed by the $39 million in bonds scheduled for …

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AcquisitionsAssisted LivingNewsWest Virginia

ESI Brokers $7.1M Sale of SweetBriar Assisted Living in Dunbar, West Virginia

by Jeff Shaw

DUNBAR, W.V. — Evans Senior Investments (ESI) has arranged the sale of SweetBriar Assisted Living, a 65-unit assisted living and memory care community, for $7.1 million, or $110,000 per unit. The community is located in Dunbar, five miles east of Charleston. It was originally built in 1990, and underwent additional expansions in 1999, 2003 and 2007. Today the community has 75 functional beds and 85 licensed beds, and the resident base is 100 percent private pay. At the time of marketing, the community was averaging 95 percent functional bed occupancy …

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