News

New Dawn Re-Opens Two Memory Care Communities in Colorado

by Jeff Shaw September 30, 2016

COLORADO SPRINGS and AURORA, Colo. — New Dawn Memory Care has reopened its two memory care communities in Colorado Springs and Aurora.

September 30, 2016

Kinzie Builders to Construct $40M Community in Illinois

by Jeff Shaw September 29, 2016

HANOVER PARK, Ill. — Kinzie Builders, a division of Kinzie Real Estate Group, has been retained as general contractor for Verandah, a 55+, assisted living and memory care community in Hanover Park, approximately 35 miles northwest of Chicago.

September 29, 2016

Finance News Skilled Nursing

Capital Funding Group Provides $7.7M in Loans for Skilled Nursing Facility Near Buffalo

by Jeff Shaw September 29, 2016

LOCKPORT, N.Y. — Capital Funding Group, a lender based in Baltimore, has provided $6.7 million bridge loan for the acquisition of Briody Health Care Facility, an 82-bed skilled nursing facility in the Buffalo suburb of Lockport.

September 29, 2016

Development Memory Care News

Koelsch Communities Developing $18.4M Memory Care Community in Colorado Springs

by Jeff Shaw September 28, 2016

COLORADO SPRINGS, Colo. — Koelsch Communities is developing Springs Ranch Memory Care Community, a 72-unit memory care community in Colorado Springs, approximately 65 miles south of Denver.

September 28, 2016

Assisted Living Development News

Hubbell to Build 44-Unit Assisted Living Community as Part of New Development Near Des Moines

by Jeff Shaw September 28, 2016

ANKENY, Iowa — Hubbell Realty Company will soon begin construction of Siena Hills, a 13-acre development in the Des Moines suburb of Ankeny. The full development will offer single-family homes, townhomes and a 44-unit assisted living and memory care community.

September 28, 2016

Company News News

Seniors Housing Marketing Firm GlynnDevins Acquires Competitors SB&A, Brooks Adams

by Jeff Shaw September 28, 2016

OVERLAND PARK, Kan., and RICHMOND, Va. — GlynnDevins, an advertising and marketing agency specializing in senior living, has acquired two of its competitors: SB&A Integrated Marketing and Brooks Adams Research.

September 28, 2016

CCRC Legal Issues News Skilled Nursing

Benchmark CCRC in Connecticut Partners with APRN Group Ahead of Medicare Mandate

by Jeff Shaw September 28, 2016

STAMFORD, Conn. — Benchmark Senior Living has partnered with The West Haven Medical Group to provide advanced practice registered nurse (APRN) services in the skilled nursing portion of Edgehill, a continuing care retirement community in Stamford.

September 28, 2016

Development Memory Care News

Dougherty & Co. Buys Memory Care Project in Virginia Out of Bankruptcy

by Jeff Shaw September 26, 2016

WILLIAMSBURG, Va. — Dougherty & Co. has acquired an unfinished memory care community in Williamsburg for $7.5 million. The Minneapolis-based investment bank and brokerage firm will open the community as Berkeley Oaks and lease it to Solvere Senior Living, a New Jersey-based operator.

September 26, 2016

Development News

Wiegmann Begins Work on Three Communities in Metro St. Louis

by Jeff Shaw September 23, 2016

SUNSET HILLS, CHESTERFIELD AND CREVE COEUR, MO. — Wiegmann Associates has started construction of three The Sheridan Assisted Living properties in the St. Louis suburbs of Sunset Hills, Chesterfield and Creve Coeur.

September 23, 2016

Development News

Kisco Starts $4M Renovation of Community in California

by Jeff Shaw September 23, 2016

LOS ALTOS, Calif. — Kisco Senior Living has started the $4 million renovation of BridgePoint at Los Altos, a seniors housing community in the San Francisco suburb of Los Altos.

September 23, 2016

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