HUNTSVILLE, Ala. — LifeCenters Communities, in partnership with Charter Senior Living, and the Hutchinson Group, has broken ground on Legacy at Hampton Cove in Huntsville.
News
ANNAPOLIS, Md. — In just 10 years, 54 percent of middle-income seniors will be unable to pay the yearly costs of $60,000 for assisted living rent and other costs, even if they committed 100 percent of their annual financial resources, according to a report released this morning by the National Investment Center for Seniors Housing & Care (NIC).
New Senior Receives $53M Settlement in Lawsuit Against Its Own Board, Operator, Investor
by Jeff Shaw
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR), a New York-based seniors housing REIT, has received $53 million as part of a settlement with members of its own Board of Directors, as well as the company’s largest investor (Fortress Investment Group) and operator (Holiday Acquisition Holdings LLC).
BOLINGBROOK, Ill. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has completed construction of Atria at River Trail, a 128-unit seniors housing community in the Chicago suburb of Bolingbrook.