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National Health Investors on board for $25 million skilled nursing project

December 13, 2018  |  I Advance Senior Care
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National Health Investors, Inc. (NYSE: NHI) entered into an agreement to finance the development of a 144-bed skilled nursing facility near Milwaukee, a $25.35 million commitment with a 9.5% initial yield.

Some baby boomers call for luxury CCRCs

December 5, 2018  |  I Advance Senior Care
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Fountaingrove Lodge is a not a resort — it is a retirement community, part of a new breed of luxury supportive senior housing. 

NYC approves its first CCRC

November 8, 2018  |  I Advance Senior Care
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In 2016, however, Mayor de Blasio’s administration approved some technical changes to the zoning law which would facilitate the creation of a diverse needs community in residential neighborhoods.

Illinois develops work on another pitch for twice-denied senior living community

October 15, 2018  |  I Advance Senior Care
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Real estate firm Pontarelli Cos. wants to develop Blue Sky Residence, a 67-unit apartment community for residents 62 and older, on about 3.5 acres on the 900 block of North Avenue, between Second and Third avenues.

The use of adaptive reuse in senior housing

September 26, 2018  |  I Advance Senior Care
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With the senior population and demand for senior housing guaranteed to grow over the next 20 years, yesterday’s offices, hotels, schools and commercial buildings can be repurposed into the senior housing of tomorrow. 

McGregor Foundation, CHN Housing Partners to build assisted living facility in Cleveland

August 14, 2018  |  I Advance Senior Care
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The McGregor Senior Assisted Living building rising in East Cleveland was designed by the Hiti,DiFrancesco and Siebold architecture firm and constructed by the Krill Co., both of Cleveland. The $12 million building is scheduled to open next year.

As tariff fears rise, so do skilled nursing facility construction costs

August 3, 2018  |  I Advance Senior Care
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A tight labor market has continued to drive up construction costs for skilled nursing facilities — and that’s before accounting for the potential effects of disruptive new tariffs from the Trump administration.

Greystone to build $25 million SNF in Florida

August 2, 2018  |  I Advance Senior Care
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Greystone is joining forces with senior living developer and operator Lake Gibson Village to meet a community need for effective post-acute care services for its residents within their continuum of care.  

Brightview to begin construction on $64 million assisted living complex

May 17, 2018  |  I Advance Senior Care
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Developer and property operator Brightview Senior Living plans to build 154 units of senior and assisted living housing in Sayville on the corner of Broadway and Route 27.

Ohio's commercial PACE program energizing SNF updates

May 2, 2018  |  I Advance Senior Care
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In an era of tight financial constraints for skilled nursing facilities, one owner-operator turned to a unique funding source to offset construction costs — and set up savings for the future.

Florida state budget approves new veterans nursing home

March 21, 2018  |  I Advance Senior Care
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The newly approved state budget includes $500,000 for initial engineering and design of a veterans nursing home in Marion County.

Virginia CCRC implements flexible design to ready for "silver tsunami"

March 16, 2018  |  I Advance Senior Care
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The coming “silver tsunami” is a concept that continues to inspire optimism in the skilled nursing and senior care space, but the health needs of that population are still murky.

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