SEVERNA PARK, Md., and RICHMOND and BLACKSBURG, Va. — HHHunt Senior Living has promoted Greg Fox as the company’s director of operations for the Blacksburg-based company. In addition, HHHunt hired Alicia Archer and Linsday Levesque as executive directors of its communities in Richmond and Severna Park, respectively.
News
STERLING HEIGHTS, Mich. — Moceri Cos., a homebuilder based in metro Detroit, plans to develop a $300 million, master-planned community for seniors in Sterling Heights. Situated adjacent to the 27-hole Maple Lane golf course, the 807-unit development, known as Verandas, will feature a mix of townhouses, condominiums and apartments targeting adults age 55 and above.
NIC: Seniors Housing Occupancy Remained Stable in Third Quarter While Asking Rents Increased
by Jeff Shaw
ANNAPOLIS, Md. — The occupancy rate for seniors housing properties in the third quarter held steady, even as asking rents increased, according to the National Investment Center for Seniors Housing and Care (NIC), the industry’s main data tracking agency.