News

NewsPeopleTechnology

Single Digits Names Jerry Grove as Vice President, General Manager of Senior Living

by Jeff Shaw

BEDFORD, N.H. — Single Digits Inc. has named Jerry Grove as vice president and general manager of senior living at the Bedford-based internet technology company. During his 20-year tenure in the senior care industry, Grove has developed leading-edge business strategies. Most recently, he was the senior vice president of sales at Sentrics, where he developed the company’s new 3in1 Managed Services Program. He joined Sentrics upon its acquisition of Esco Technologies LLC. As president and CEO at Esco Technologies, Grove grew the company from six to 75 employees and achieved …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentNewsPeople

Spiezle Architectural Group Promotes Richard Quinn to Principal

by Jeff Shaw

HAMILTON, N.J. — Spiezle Architectural Group Inc., a Hamilton-based, full-service architectural, interior design, landscape architecture and planning firm, has promoted Richard Quinn to principal. Quinn’s career in architecture spans 30 years. He has spent the last seven years with Spiezle, where he has executed a wide range of projects, including senior living, corporate and public spaces. Quinn received his associate’s degree in architectural drafting technology from Thaddeus Stevens College of Technology and his bachelor’s degree in architecture from Drexel University. He is a member of the American Institute of Architects …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentIndependent LivingNewsOregon

LRS Architects Designs 127-Unit Parkview at Terwilliger Plaza in Portland, Oregon

by Jeff Shaw

PORTLAND, Ore. — LRS Architects Inc has completed design work for Parkview at Terwilliger Plaza just south of downtown Portland. The 10-story, 370,000-square-foot building will bring 127 independent living apartments to the existing three-building senior living campus while providing space for up to 200 new residents. The project is designed to the Passive House standard with several sustainability goals, including sustainable energy use and improved air quality. “Features such as thermal bridge-free detailing, airtight construction, energy-efficient appliances, heat recovery ventilation and a green roof are central toward creating comfortable and …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentIndianaNews

New Perspective Completes 164-Unit Woodland Terrace of Danville in Indiana

by Jeff Shaw

DANVILLE, Ind. — New Perspective has opened the doors on Woodland Terrace of Danville, a 164-unit senior living community in Danville, approximately 20 miles west of Indianapolis. The 35-acre campus includes 50 cottage-style townhomes and a main building for a variety of amenities. The property offers independent living, assisted living and memory care options. Along with sister properties in nearby Carmel and New Palestine, Minnesota-based New Perspective operates the community.

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsMissouriNewsSkilled Nursing

Blueprint Negotiates Sale of 400-Bed Skilled Nursing Portfolio in Kansas City

by Jeff Shaw

KANSAS CITY, Mo. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 400-bed skilled nursing portfolio in the Kansas City metro area. The seller was a Missouri-based family office that developed the portfolio in the late 1990s along with its wholly owned management company, Capital Health Management. The buyer was an East Coast-based investor and its operations partner, both looking to expand in Missouri. The price was not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
NewsOperationsPeople

Claiborne Senior Living Adds Danielle Anderson, Nazima Drumm to Corporate Management Team

by Jeff Shaw

HATTIESBURG, Miss. — Claiborne Senior Living, a Hattiesburg-based operator, has hired Danielle Anderson and Nazima Drumm to its corporate management team. Anderson assumes the position of regional director of operations where she will be responsible for overall operations management at assigned communities in addition to other key projects. Prior to joining Claiborne, she served as vice president of care and programs for Galerie Living, a privately held management and development company. She has also served as a business officer director, executive director and chief compliance officer over the years. Drumm …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsPeopleTechnology

David Smith Steps Down at Sherpa CRM to Pursue Other Passions

by Jeff Shaw

ST. LOUIS, Mo. — David Smith will no longer be involved with day-to-day operations at Sherpa CRM, a St. Louis-based sales enablement platform that he co-founded eight years ago. Prior to co-founding Sherpa, Smith founded One on One: Inspired Senior Sales to offer evidence-based sales training, consulting and coaching to senior living communities across the U.S. and Canada. Smith spent decades studying and refining the senior sales process. He recently shared his approach in the book “It’s About Time: How to Grow Revenue with Prospect-Centered Selling.” In addition to consulting, …

Continue Reading
0 FacebookTwitterLinkedinEmail
CCRCColoradoDevelopmentNews

PMMA Breaks Ground on $140M Aberdeen Ridge CCRC in Colorado Springs

by Jeff Shaw

COLORADO SPRINGS, Colo. — Presbyterian Manors of Mid-America (PMMA) has broken ground on Aberdeen Ridge, a continuing care retirement community (CCRC) campus in Colorado Springs. In 2018, PMMA acquired a Texas nonprofit corporation, which owned an undeveloped 15.3-acre site within Garden of the Gods National Park, and which already had the permits and approvals for a senior living community. Aberdeen Ridge is scheduled for completion in 2023 and will feature 171 one- and two-bedroom independent living residences, 40 assisted living apartments and 24 memory care suites. The homes will vary …

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentIndependent LivingMichiganNews

Lockwood Cos. Starts Construction of 154-Unit Community in Ann Arbor, Michigan

by Jeff Shaw

ANN ARBOR, Mich. — Lockwood Cos. has broken ground on Lockwood of Ann Arbor, a mixed-income seniors housing community in Ann Arbor. The property will be a three-story, 168,130-square-foot building with 154 independent senior apartments, including 65 units dedicated as affordable housing. Lockwood of Ann Arbor represents an approximately $45 million investment in the City of Ann Arbor and Washtenaw County. Scheduled to open in Summer of 2023, Lockwood of Ann Arbor will feature 89 one-bedroom units and 65 two-bedroom units. The Ann Arbor Area Community Foundation projects a rising …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceNewsRhode Island

Lument Arranges $45.9M Refinancing for Tockwotton on the Waterfront in Rhode Island

by Jeff Shaw

EAST PROVIDENCE, R.I. — Lument has arranged a $45.9 million FHA Sec. 232/223(a)(7) loan to refinance Tockwotton on the Waterfront. The 156-unit seniors housing community is located in East Providence. Aaron Becker led the transaction for Lument. “By leveraging our FHA expertise, we were able to significantly lower Tockwotton’s interest rate to generate nearly $250,000 in annual debt service savings, augmenting the $1.1 million in savings initially obtained when we helped with the prior FHA refinance in 2016,” says Becker. “The additional cash flow freed up by this transaction will …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts