News

Blueprint Arranges Lease of 147-Bed Skilled Nursing Facility Near St. Louis

by Jeff Shaw March 4, 2016

DES PERES, Mo. — Blueprint Healthcare Real Estate Advisors has arranged a lease for The Quarters of Des Peres, a 147-bed skilled nursing facility in the St. Louis suburb of Des Peres.

March 4, 2016

Holiday Retirement Promotes Four to Executive Positions

by Jeff Shaw March 4, 2016

LAKE OSWEGO, Ore. — Holiday Retirement, the largest owner and operator of independent living properties in the United States, has promoted four of its employees to new executive roles at the company’s Lake Oswego headquarters.

March 4, 2016

Company News News

Virginia Baptist Homes Changes Name to LifeSpire of Virginia

by Jeff Shaw March 4, 2016

RICHMOND, Va. — Virginia Baptist Homes, an operator of four continuing care retirement communities in Virginia, has changed its name to LifeSpire of Virginia.

March 4, 2016

News

Blueprint Arranges $39M Sale of 198-Unit Community in California for Redevelopment

by Jeff Shaw March 2, 2016

ROSEVILLE, Calif. — DiNapoli Capital Partners, a California-based investment firm, has purchased The Terraces of Roseville, a 198-unit independent living, assisted living and memory care community in the Sacramento suburb of Roseville, for $39 million.

March 2, 2016

Development News

Brandywine Starts Construction of Seniors Housing Community in Mixed-Use Development in Virginia

by Jeff Shaw March 2, 2016

ALEXANDRIA, Va. — Brandywine Senior Living has started construction of the Cameron Park Development in Alexandria, the first of five seniors housing communities the New Jersey-based developer and operator plans to build near Washington, D.C.

March 2, 2016

Assisted Living News

CareTrust REIT Acquires Four Assisted Living Communities for $27M

by Jeff Shaw March 2, 2016

SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired four assisted living communities in the Southeast and Midwest for an aggregate purchase price of $27 million.

March 2, 2016

Development News

Forum Architecture, Beneficial Communities Converting Historic School in Georgia into 80-Unit Seniors Housing Community

by Jeff Shaw March 2, 2016

COLUMBUS, Ga. — Beneficial Communities and Forum Architecture & Interior Design Inc. have started the conversion of a historic school in Columbus into an 80-unit seniors housing community named The Waverly Senior Apartments.

March 2, 2016

News Skilled Nursing

JCH Arranges $12.5M Sale of 188-Bed Skilled Nursing Facility in California

by Jeff Shaw March 2, 2016

RIVERSIDE, Calif. — Reliant Management Group has purchased Riverside Healthcare Center, a 188-bed skilled nursing facility for $12.5 million.

March 2, 2016

Company News News People

Ohlendorf, Ferge to Resign from Brookdale Executive Positions

by Jeff Shaw March 1, 2016

NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the largest owner and operator of seniors housing communities in the U.S., has announced two of its executives will step down amidst slumping stock prices.

March 1, 2016

Development News

Wendover Opens Affordable Community in Central Florida

by Jeff Shaw March 1, 2016

LONGWOOD, Fla. — Wendover Housing Partners has opened Heritage Village Commons, an affordable seniors housing community in the Orlando suburb of Longwood.

March 1, 2016

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