Communities

Sunrise Senior Living reduces staff turnover and costs through Arena’s AI tool

ALEXANDRIA, VA–Sunrise Senior Living reports that Arena’s artificial intelligence solution has increased employee retention at its 265 U.S. senior living communities and lowered the cost of recruiting new staff and hiring temporary workers. Mike Rodis, Sunrise’s Senior Vice President of…

Kingsboro at Lenbrook to Feature the Latest in Senior Living Design

ATLANTA–Lenbrook, Atlanta’s premier Life Plan Community that was launched in 1983, is planning a $100 million expansion called Kingsboro at Lenbrook with 53 new residences built to serve today’s and tomorrow’s seniors’ needs and desires. “This expansion, located on a…

Travanse Living at Wheaton Announces Partnership with Legacy Healthcare

WHEATON, IL–Travanse Living at Wheaton, an Integral Senior Living community, has announced a partnership with Legacy Healthcare to provide on-site therapy services at its premier community. “We’re thrilled to be able to offer such a vast array of clinical programs…

ICAA and NuStep announce Beacon Award for ‘best in wellness’ senior living communities, invite applications

VANCOUVER, BC–As separate entities, the International Council on Active Aging® (ICAA) and NuStep, LLC have long championed active aging and wellness. Now, the two organizations have teamed up to recognize and honor senior living communities that have excelled at adopting…

South Bay Partners and SageLife to Develop Luxury Senior Living in Upper Dublin, PA

UPPER DUBLIN, PA–South Bay Partners, Inc. through its joint venture with LAMB Properties, LLC, has closed on the purchase of approximately 7.9 acres and will break ground in February 2019 on Sage at Mattison Estates, a four-story Class A luxury…

Waltonwood Lake Boone Celebrates Grand Opening of New Senior Living Community

RALEIGH, NC–Waltonwood Lake Boone, a new independent living, assisted living and memory care community in Raleigh, is excited to announce its grand opening. Waltonwood Lake Boone (located at 3550 Horton Street) backs up to House Creek Greenway and features 121 independent living apartments,…

$110 Million Credit Facility Announced for Affordable Assisted Living Care Facilities and Technology

PHOENIX AND NEW YORK–Canexxia Equity Partners “Canexxia” or the “Company”) announced that, effective January 15, 2019, it entered into negotiations for a new credit facility, consisting of a $90 million term loan and a $30 million revolving line of credit.…

Canexxia Equity Partners Seeks to Invest $900 Million into Senior Housing Properties

PHOENIX–Canexxia Equity Partners (“Canexxia”), a New York-based Assisted Living and Home Health Care investment firm, announced it has opened of its first discretionary investment fund, Canexxia Senior Housing Fund I LP. This $312 million asset backed fund will target senior…

Addressing the Growing Need in Senior Living, The Trousdale, Opens in Burlingame

BURLINGAME, CA–The long awaited assisted living and memory care community, The Trousdale is now open! Serving the growing population of seniors was the vision of The Peninsula Health Care District (PHCD). Built and owned by The Peninsula Health Care District with an…

Construction Advances at Watercrest Newnan Assisted Living and Memory Care in Newnan, Georgia

VERO BEACH, FL–Watercrest Senior Living Group and Waypoint Residential are pleased to announce that construction is more than sixty percent complete at Watercrest Newnan Assisted Living and Memory Care in Newnan, Georgia. The 107-unit, resort-style senior living community is under construction by BL Harbert International and…