News

American House Acquires 173-Unit Independent Living Community in Florida

by Jeff Shaw August 9, 2017

WILDWOOD, Fla. — American House Senior Living Communities has acquired American House Wildwood, a 173-unit independent living community in Wildwood, approximately 50 miles northwest of Orlando.

August 9, 2017

Allegro Takes Over Management of Two Communities in Florida

by Jeff Shaw August 9, 2017

TAVARES and CLERMONT, Fla. — Allegro Management Co. has taken over the operations of Osprey Lodge in Tavares and Crane’s View Lodge in Clermont.

August 9, 2017

Company News News Technology

Columbia Pacific Advisors Sells Pharmacy Automation Program to Swisslog Healthcare

by Jeff Shaw August 9, 2017

KIRKLAND, Wash. — Columbia Pacific Advisors, a Seattle alternative investment firm, has sold Talyst Systems LLC, a pharmacy automation solution based in Kirkland, Wash. Swisslog Healthcare, a global supplier of medication management and supply chain solutions and services, acquired the business for an undisclosed price.

August 9, 2017

Alabama Development News

LifeCenters to Build 190-Unit Community in Master-Planned Development in Alabama

by Jeff Shaw August 8, 2017

HUNTSVILLE, Ala. — LifeCenters Communities for Seniors has planned a 190-unit independent living, assisted living and memory care community within its Hampton Cove master-planned development in Huntsville.

August 8, 2017

Company News News

Brookdale Sale Stalls Amid Buyer’s Funding Problems, According to Financial Times

by Jeff Shaw August 8, 2017

BRENTWOOD, Tenn. — The proposed $3 billion acquisition of Brookdale Senior Living (NYSE: BKD) by a Chinese investor has stalled amid funding problems for the buyer, according to a report by Financial Times.

August 8, 2017

Assisted Living Development News

Civitas, Titan to Open 95-Bed Community in Florida

by Jeff Shaw August 8, 2017

BRADENTON, Fla. — Civitas Senior Living, a Texas-based senior living management and consulting company, has been awarded the managing contract for Élan Manatee, a 95-bed assisted living and memory care community in Bradenton.

August 8, 2017

Assisted Living Finance News

KeyBank Arranges $13M Freddie Mac Loan for 86-Unit Community in Tulsa

by Jeff Shaw August 8, 2017

TULSA, Okla. — KeyBank Real Estate Capital has arranged a $13 million Freddie Mac first mortgage loan for Legend at Tulsa Hills, an 86-unit seniors housing community in Tulsa.

August 8, 2017

News People

Kendal Promotes Stephen Bailey to Senior Vice President for New Business, Development

by Jeff Shaw August 8, 2017

KENNETT SQUARE, Pa. — Kendal Corp., a nonprofit seniors housing operator, has promoted Stephen Bailey to vice president for new business and development.

August 8, 2017

Development Independent Living News

Spectrum Debuts 140-Unit Independent Living Community in Austin

by Jeff Shaw August 7, 2017

AUSTIN, Texas — Spectrum Retirement Communities has opened the doors on Lake Travis Independent Living, a 140-unit independent living community in Austin.

August 7, 2017

Assisted Living Development News

HHHunt Opens $24M Assisted Living Community in North Carolina

by Jeff Shaw August 7, 2017

CARY, N.C. — HHHunt has opened Spring Arbor of Cary, an 80-unit assisted living and memory care community in the Raleigh suburb of Cary.

August 7, 2017

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