Communities

Greystone announces development of $21M skilled nursing facility in Clermont

CLERMONT, FL–Greystone Healthcare Management, an industry-leading healthcare management company, announces development of its newest skilled nursing facility. The 60,250 square-foot center will sit on a 10-acre site and include 80 total beds, comprised of 40 private suites and 20 semi-private…

Watercrest Senior Living Group Partners with FranklinCovey for Innovative Leadership Training

VERO BEACH, FL–When the Franklin Covey Company announced the launch of its newest leadership development solution, The 4 Essential Roles of Leadership, Watercrest Senior Living Group principals Marc Vorkapich, CEO, and Joan Williams, CFO, immediately recognized the potential value for their growing organization.…

HJ Sims Successfully Completes $186.5 Million Transaction for Start-up Rental Continuing Care Retirement Community in Dallas

FAIRFIELD, CT–HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the successful  September 2018 closing of a $69,875,000 bond underwriting, $70,450,000 financing, and $14,000,000 subordinate financing for Legacy Midtown Park (Legacy), a Jewish-sponsored, not-for-profit, start-up rental…

Developing the minds of future health care workers

STAMFORD, CT–Students at J.M. Wright Technical High School enjoy a well-rounded curriculum by shadowing Resident Care Advisors at Edgehill, a Stamford-based retirement community, as part of their Certified Nursing Assistant (CNA) program. Employment of health care is projected to grow…

Solvere Living Contracted to Operate Six More Communities

ST. PETERSBURG, FL–Through new operating agreements and development, Solvere Living continues its expansion. The operations division of St. Petersburg-based Solutions Advisors Group (SAG), Solvere has recently been contracted to operate six senior living communities; an under-construction community in Tampa, FL,…

Related Companies and Atria Senior Living Announce Formation of New Joint Venture

NEW YORK, NY–Related Companies, the nation’s most prominent privately-owned real estate firm, today announced a new joint venture with Atria Senior Living, one of the most highly respected, industry leading senior housing management services companies. Over the next five years, Related…

Provider Partners Health Plan Signs New Partnership with Lorien Health Services

LINTHICUM, MD–Provider Partners Health Plan (PPHP) this month announced a new affiliation with Lorien Health Services, a family-owned organization that operates nine skilled nursing facilities in four counties in Maryland, including Baltimore, Carroll, Harford & Howard counties. PPHP will provide…

$32.39 Million Seniors Housing Asset Trades Hands in Suburban Denver

WESTMINSTER, CO–Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the San Marino Retirement Community, a 185,871-square-foot independent living, assisted living, and memory…

Integral Senior Living Announces Management of Three Washington Communities

CARLSBAD, CA–Integral Senior Living, a premier senior living management company, has announced it has assumed management of three senior living communities in Washington state: Harbour Pointe Senior Living, located in Mukilteo Maple Leaf Assisted Living & Memory Care in Seattle…

Are We Selling Convenience or Isolation?

By Tammy Marshall and Dr. Bill Thomas We accept, without thinking much about it, that some housing will be set apart and restricted to people over the age of 55. Indeed, the entire senior living industry is founded on this…