Communities

National Asset Services Adds Ohio Multifamily Property to Nationwide Commercial Real Estate Management Portfolio

COLUMBUS, OH–National Asset Services, (NAS) a leading commercial real estate management company, has expanded its nationwide property management portfolio with the addition of a multifamily community near Columbus, Ohio. NAS has assumed asset management of The Preserve at Winchester Crossing in Groveport,…

Atria Management Announces Completion of Growth-Focused Capital Raise with Fremont Group and Ventas

LOUISVILLE, KY–Senior executives for Atria Senior Living have raised growth capital by selling 50 percent of their ownership interest in Atria’s business to Fremont Realty Capital, the real estate private equity business unit of the Fremont Group, the investment office of the…

The Legacy Willow Bend Recognized As Top Performing Community By U.S. News & World Report

PLANO, Texas–The Legacy Willow Bend, Plano’s only life care retirement community, has received  recognition from U.S. News & World Report as “Top Performing” in its Best Nursing Homes category. Only 15 percent of the senior living communities ranked across the country received…

Ventas to Support Atria Senior Living’s Growth-Focused Capital Raise

CHICAGO–Ventas, Inc. (NYSE: VTR) today announced the completion of a series of transactions with Atria Senior Living (“Atria”), one of its leading senior housing operating partners, under which Atria’s management team has raised growth capital by selling 50 percent of…

Children Of Barclay Friends Assisted Living Fatal Fire Victim Seek Answers And Justice For Their Mother Killed In November Inferno

PHILADELPHIA–Theresa Malloy, 85, lived in Barclay Friends assisted living, West Chester, PA, for only four weeks before she was killed in the roaring multi-alarm fire that leveled the complex. Today her three children joined attorney Robert J. Mongeluzzi at a news conference to remember Theresa,…

Ziegler Closes $17.63 Million Valley Vista Care Corporation Financing

CHICAGO–Ziegler, a specialty investment bank and one of the nation’s leading underwriters of financing for not-for-profit senior living providers, has announced the successful closing of the $17,630,000 Series 2017A&B financing for Valley Vista Care Corporation, a long-standing Ziegler client. Valley…

The Wolff Company Announces Innovative Plans for New Spokane Senior Living Community

SCOTTSDALE, AZ–The Wolff Company has  announced construction is under way on Revel Spokane, a new independent living apartment community in Spokane Valley, WA. The development is expected to open in 2018 and will continue to broaden their portfolio of market-leading…

Harbor Retirement Associates (HRA) to Add 10 New Communities

VERO BEACH, FL–Harbor Retirement Associates (HRA), a regional senior living development and management company based in Vero Beach continues to expand its geographic footprint with two communities opening in early 2018, and eight more scheduled to open later on in…

Capitol Seniors Housing Breaks Ground on Stonegate at Greenburgh in New York

WASHINGTON, D.C. and GREENBURGH, NY–Capitol Seniors Housing, a leading senior living investment and development firm, will begin construction this month on Stonegate at Greenburgh, an assisted living and memory care community in Greenburgh, NY. The $35 million, three-story, 90,651-square-foot community with 101…

Eskaton Kids Connection Combats Loneliness by Introducing Elementary Students to Seniors

SACRAMENTO, CA–Isolation and loneliness contribute to many illnesses, such as heart disease, Alzheimer’s and dementia. According to Medical News Today, loneliness can alter immune system cells in a way that increases susceptibility to illness and premature death. To combat this,…