Communities
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Jefferson’s Ferry Honored for Exceptional Health Care Achievements and Workplace Safety Programs
S. SETAUKET, NY–Jefferson’s Ferry Life Plan Retirement Community was recently honored for its outstanding Achievements in Health Care by Long Island Business News, the region’s business weekly. The non-profit community was named the 2018 recipient of the award in the…
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South Bay Partners to Develop Upscale Senior Living Community in Irvine
IRVINE, CA–Signaling a new direction in senior living, South Bay Partners, Inc., through its joint venture with LAMB Properties, LLC, has purchased 3.02 acres directly across from The District at Tustin Legacy in Irvine to develop an upscale eight-story Class A…
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Capitol Seniors Housing Breaks Ground on Atria Highland Park in Chicagoland
WASHINGTON, D.C. and CHICAGO, IL–Capitol Seniors Housing, a leading senior living investment and development firm, has begun construction on Atria Highland Park, an assisted living and memory care community in the Chicago suburb of Highland Park. The $30 million, three-story, 72,000-square-foot community…
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Presby’s Inspired Life Opened Low-income Senior Housing Community in Southwest Philadelphia
LAFAYETTE HILL, PA–Presby’s Inspired Life along with residents and local officials officially opened Witherspoon Senior Apartments, an adaptive reuse of a former nursing home, which sits on Presby’s 58th Street Campus in Southwest Philadelphia. The campus, which is composed of…
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Bridge Investment Group Acquires Somerby Senior Living Services and Portfolio
NEW YORK–Bridge Seniors Housing Fund Manager LLC, an affiliate of Bridge Investment Group (Bridge), announced the purchase of Somerby Senior Living Services (Somerby), a premier seniors housing operator in the Southeastern United States, and a nine-property portfolio of seniors housing…
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White Oak Healthcare Finance Provides $161 Million to Support Allegiant Healthcare’s SNF Acquisition
NEW YORK–White Oak Healthcare Finance, LLC (“White Oak”), announced it acted as sole lender and administrative agent on the funding of a $161 million senior credit facility for Allegiant Healthcare (“Allegiant”) and Hillstone Healthcare, Inc. (“Hillstone”). The funds were used…
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HFF Announces Sale and Financing of 9-Property Seniors Housing Portfolio in Southeastern U.S.
DALLAS–Holliday Fenoglio Fowler, L.P. (HFF) announces the sale and financing of a nine-property seniors housing portfolio totaling 1,558 units across the southeastern United States. The HFF team marketed the property on behalf of the seller, Dominion Partners, acting on behalf…
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Three Birchwood Cottage Locations in Owatonna and Mankato Underwent Management Transition
CEDAR RAPIDS, IOWA–Three Birchwood Cottage Memory Care Communities are now under new management. Senior Housing Management of Cedar Rapids, assumed management as of January 1, 2019. The communities undergoing this change include two adjacent locations in Owatonna and one in…
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Council on Aging and The Commons in Lincoln Join Forces to Help Prevent Homelessness in Lincoln
LINCOLN, MA–Lincoln Council on Aging (COA) and The Commons in Lincoln, a Benchmark Senior Living Community, are pleased to announce a new collaboration to benefit Lincoln residents who are homeless or at serious risk of homelessness. The Staying at Home in…
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First-of-Its-Kind Career Lattice Program Offers Associates Financial Incentives and Continued Growth
RANCHO SANTA MARGARITA, CA–Turnover and a shortage of qualified employees are challenging senior living operators across the country as they seek creative ways to attract and keep talented associates. To express appreciation, provide recognition and give associates more opportunities for…