NEW PROVIDENCE, N.J. — Erickson has opened the doors on Woodland Pointe, a 45-unit expansion at Lantern Hill, a continuing care retirement community in New Providence. The town is approximately 30 miles west of New York City.
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PLYMOUTH, Minn. — CBRE has arranged $16.3 million in financing for a joint venture between The Waters Senior Living and an institutional investor. The borrowers will use the capital to acquire The Waters of Plymouth, an 89-unit assisted living and memory care community in the Minneapolis suburb of Plymouth.
SAN DIEGO — Breaking down the silos between the traditional real-estate-based seniors housing providers and the growing number of health, wellness and supportive services providers will lead to better healthcare outcomes for residents and slow the long-term growth of medical costs. But it’s a shift that won’t happen overnight.