Communities

Brookdale Completes Transaction With Blackstone

NASHVILLE–Brookdale Senior Living Inc. (NYSE:  BKD) today announced that it has completed its previously announced transaction with affiliates of Blackstone Real Estate Partners VIII L.P. (collectively “Blackstone”) to acquire a 15% ownership interest in a joint venture that acquired a…

Villaggio At San Luis Obispo To Raise Bar For Life Plan Communities

SAN LUIS OBISPO, CA–Villaggio at San Luis Obispo, a luxury-style Life Plan Community, is currently under planning and development in California’s world renowned Central Coast. Named “The Happiest City in America” by Gallup-Healthways, San Luis Obispo’s Mediterranean climate, diverse cultural…

AdCare Health Systems Reports Fourth Quarter and Full-Year Financial 2016 Results

ATLANTA– AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, today provided an update on its business and reported…

Edgehill’s $20-million Expansion Complete

STAMFORD, CT—-Edgehill, Connecticut’s premier continuing care retirement community (CCRC), today announced the completion of a $20-million expansion and renovation that includes a new memory care wing; a more spacious, upgraded Sub-Acute Rehabilitation facility; and upgrades and enhanced Independent Living residences.…

Mainstreet Post-Acute Property To Open This Spring In Loveland, CO

DENVER–Hospitality-focused post-acute property, The Suites Loveland, will open this spring near the Medical Center of the Rockies at Centerra in Loveland, Colorado. One of the largest developers of health care properties in the country, Mainstreet, creates warm and welcoming environments…

Civitas Senior Living Expands Its East Texas Presence With Acquisition Of The Hampton’s Community

TYLER, TX–Civitas Senior Living today announced the acquisition of The Hampton’s Senior Living Community from previous owner. The agreement adds 120 independent and 56 assisted living apartments, 30 cottage-style residences and 38 memory care suites to the company’s expanding East…

Mainstreet Health Investments Inc. Announces Sale Leaseback Of Senior Living & Post Acute Portfolio With The Ensign Group Inc.

TORONTO–Mainstreet Health Investments Inc. (TSX:HLP.U) (the “Company”) announced today it has entered into a definitive agreement to acquire two post-acute/skilled nursing facilities and a senior living community (collectively, the “Properties”) from The Ensign Group Inc. (NASDAQ: ENSG) (“Ensign”) for a…

Parker House Assisted Living At Quincy Village Now Accepting Applications

DILLSBURG, PA––Quincy Village, a Presbyterian Senior Living Continuing Care Retirement Community (CCRC) in Waynesboro, Pa., announces it is now accepting applications for Parker House Assisted Living, a new “small house” living concept. The $10 million, two-year project features a cluster…

Senior Lifestyle And Griffin Fine Living, LLC Unveil Plan For New Seniors Housing Development

SNELLVILLE, GA–Senior Lifestyle Corporation, a privately-held owner, operator, and developer of seniors housing communities and its co-developer, Griffin Fine Living, LLC, announce development plans today for The Sheridan at Eastside. Located in a vibrant and growing section of Snellville, Ga.,…

A New Breed Of Senior Living Community Is Coming To Pooler

POOLER, GA–Shepherd Health and Cobalt Seniors announce Shepherd Living at Savannah Quarters, an upscale 124-resident community offering spa-like living on roughly 10 acres in Pooler, Georgia.  The joint venture has purchased the property from Southwest Quadrant Development and is developing…