WASHINGTON, D.C. — The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) has warned Congress that if the federal government doesn’t pass another COVID-19 funding package, public health agencies and healthcare providers could find themselves less than completely prepared heading into the cold and flu season, as well as underfunded to handle another major spike in COVID-19 cases. The Washington, D.C.-based organization represents more than 14,000 nursing homes and assisted living communities across the country that provide care to approximately 5 million people each year. About 70 …
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POLK COUNTY, Fla. — Summit Contracting Group has broken ground on Siena Pointe, a seniors housing community in unincorporated northeast Polk County near Orlando. Siena Pointe will be a U-shaped, four-story, wood-frame building on a seven-acre site. The property will feature 163 units of seniors housing in a 194,127-square-foot building. Construction is slated for completion in fall 2021. The developer is Eastwind Development LLC and the architect is Forum Architecture & Interior Design Inc.
Dallas Retirement Village Starts Construction of 29-Unit Independent Living Expansion in Oregon
by Jeff Shaw
DALLAS, Ore. — Dallas Retirement Village, a seniors housing community in the Salem suburb of Dallas, has started construction of its Phase II expansion, known as Lodge Residences. The 60,000-square-foot project will complete the circle around the existing courtyard, adding 29 independent living apartments, an indoor pool, spa, fitness facilities and more. “Phase 1 was completed four years ago. Since then, we’ve continued to build a waiting list,” says Dave Parrett, the community’s executive director. “Having more apartments will make us more accessible to local seniors who would like to …
Covenant Living Appoints Jeannie Justie as Chief Financial Officer, Amy LaCroix as Senior Vice President
by Jeff Shaw
SKOKIE, Ill. — Covenant Living Communities and Services, a nonprofit, faith-based operator headquartered in Skokie, has named Jeannie Justie as chief financial officer and Amy LaCroix as senior vice president of community operations. Justie comes to Covenant Living with more than 20 years’ experience in healthcare finance, most recently working for a Chicago-area health system with 19 hospitals. In her role, she will work collaboratively with senior leadership in the areas of organizational and financial strategy, financial management, planning, analysis and operations. She is a C.P.A. and received her bachelor’s …
HOUSTON — Kare, a digital labor marketplace for post-acute and senior care based in Houston, has hired Steph Kolbo as chief growth officer. Kolbo joins Kare after a decade at NRC Health, a healthcare customer intelligence company. She led growth strategy for the company’s post-acute care division (including senior living) and most recently helped lead customer strategy for health systems. At Kare, Kolbo will help build on the company’s customer and geographic growth, while also building alliances with nursing and vocational schools.
Technology, Wellness Define Seniors Housing of the Future, Say Exclusive Webinar Panelists
by Jeff Shaw
As the seniors housing industry prepares for the incoming wave of future residents — the oldest baby boomers are now 74 years old — operators are adapting their strategies. “Being able to pivot your business is really key,” says Kelly Keefe of seniors housing software company MatrixCare. “There’s been an increasing shift, more of a light put on wellness initiatives.” Keefe’s comments came during a webinar panel she moderated on Sept. 17 titled “How the Pandemic, Baby Boomers and Technology are Changing the Senior Living Business.” Presented by Seniors Housing …
PLANO, Texas — Forefront Living, a faith-based, nonprofit organization providing senior living and hospice services in the Dallas area, is seeking approval from Plano city officials to develop a senior living community in West Plano. The proposed community, The Outlook at Windhaven, would provide up to 190 independent living residences: a 160-unit apartment building with underground parking and 30 cottage homes. The campus would also include a 64-unit building for assisted living and memory care services and a clubhouse building. The community would be developed on an 18.2-acre creekside site. …
Cambridge Provides $3.2M HUD Refinancing for Kadie Glen Assisted Living in Wenatchee, Washington
by Jeff Shaw
WENATCHEE, Wash. — Cambridge Realty Capital Cos. has provided a $3.2 million HUD Lean loan to refinance Kadie Glen Assisted Living. Located in Wenatchee, in the central part of Washington between Seattle and Spokane, the property features 62 beds. The borrower is a limited liability company based in Washington state. Cambridge Realty Capital Ltd. of Illinois, the Cambridge business that specializes in underwriting FHA-insured loans, underwrote the transaction. The 32-year loan is fully amortizing.
CC Residential Selects United Plus Property Management to Operate The Residences at Monterra Commons in Cooper City, Florida
by Jeff Shaw
COOPER CITY, Fla. — CC Residential, a multifamily development firm led by Jim Carr and Armando Codina, has selected United Plus Property Management (UPPM) to operate The Residences at Monterra Commons, an active adult community in the Miami suburb of Cooper City. Construction began on The Residences at Monterra Commons this summer. Upon completion, the development will include 175 one- and two-bedroom apartments for adults aged 55 and older. Units at The Residence at Monterra Commons will range from 760 square to 1,465 square feet for two-bedroom. Amenities at the …
COOS BAY, Ore. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Baycrest Memory Care, a 55-unit community in the coastal city of Coos Bay. A joint venture between an Oregon-based operator and its capital partner acquired the property with plans for renovations to the property. Details on the seller and price were not disclosed.