OWNINGS MILLS, Md. — Senior Lifestyle has unveiled renovation plans for Atrium Village, an independent living, assisted living and memory care community in the Baltimore suburb of Ownings Mills. The multi-million-dollar project is planned in phases, starting with exterior and façade improvements. Phase II will renovate the lobby, corridors, elevators and unit interiors. Atrium Village’s community spaces will also be updated, including its two restaurant-style dining venues and a multi-purpose room. An additional bistro-style dining venue is planned. The project is scheduled for completion in summer of 2021.
News
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA), in partnership with Seniors Housing Business, has released the 2020 edition of the ASHA 50, which ranks the 50 largest owners and operators in the U.S. seniors housing space. Based in Washington, D.C., ASHA is a trade association that advocates for and represents companies that develop, own, operate and finance seniors housing. The ASHA 50 rankings are based on self-reported portfolio sizes, ranked by total number of units, as of June 1, 2020. Data was also used from other reliable sources, …
High Street Residential Completes Avidor Minnetonka Active Adult Community in Minnesota
by Jeff Shaw
MINNETONKA, Minn. — High Street Residential, a subsidiary of Trammell Crow Co., has completed Avidor Minnetonka, a 168-unit active adult community in Minnetonka. Allegro Management Co. operates the six-story community, which will welcome its first residents later this month. Units are restricted for those over age 55. “There was a shortage of adequate for-rent 55+ seniors housing options in Minnetonka,” says Mary Boehlmer, a senior associate with High Street Residential. “Avidor Minnetonka serves the baby boomer’s growing desire to live in an urban environment, makes economic sense by offering affordable …
COLUMBUS, Ohio — Lancaster Pollard Mortgage Co., a Columbus-based division of ORIX Real Estate Capital (OREC), has promoted several employees to expand its seniors housing and healthcare production team. As announced this past spring, Aaron Becker is the chief production officer and East team leader for the firm. Fellow Lancaster Pollard veterans Casey Moore, Doug Harper and Quintin Harris also expanded their leadership roles, with Moore and Harper leading the West, and Harris leading the Midwest. In the East, Michael Blackwell has joined Becker’s team and will be responsible for …
BIRMINGHAM, Ala. — KIRCO and Phoenix Senior Living have completed construction of The Bluffs at Greystone, seniors housing community in Birmingham. Phoenix Senior Living operates the property, which features 63 independent living units, 50 assisted living units and 24 memory care units.
OHIO — Blueprint Healthcare Real Estate Advisors has arranged a new lease for four skilled nursing facilities in Ohio for an undisclosed price. The portfolio is located in northwest Ohio near the Indiana border, as well as the Columbus and Cincinnati metro areas. The four properties total 613 licensed beds. The Columbus-based operator was seeking an exit to the skilled nursing industry, so the REIT owner sought a replacement. Blueprint helped replace the operator and negotiate the new lease.
ARLINGTON, Va. — The National Council on Aging (NCOA) has appointed Ramsey Alwin as the organization’s new chief executive officer. Alwin replaces James Firman, who led NCOA for 25 years until his retirement earlier this year. Alwin is an experienced public policy leader in addressing issues related to aging in America. She returns to NCOA following five years at AARP. Alwin previously served as vice president of economic security for NCOA from 2009 to 2015. During this time, she oversaw the development and implementation of programs designed to promote the …
OMAHA, Neb. — Immanuel has started construction of new assisted living and memory care units, as well as new common areas, at Pacific Springs, a seniors housing community in West Omaha. The expansion is scheduled to open in fall 2021. Pacific Springs is located adjacent to the Pacific Springs Golf Club and currently offers exclusively independent living. Renovation plans also include enhanced common spaces such as a fitness center and wellness studio; onsite restaurant and lounge featuring a golf simulator; outdoor areas and walking paths; and a chapel adorned with …
WEST DES MOINES, Iowa — Lifespace Communities, a West Des Moines-based owner-operator, has appointed Eddie Fenoglio to the position of chief operating officer, effective Oct. 12. Fenoglio brings more than 25 years of operations leadership experience in both public and private senior living organizations. During his time with previous senior living companies, Fenoglio provided oversight for operational strategy, led turnarounds and spearheaded large-scale acquisitions of retirement communities across a broad, multi-state area. Details on his education and previous employment were not disclosed.