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Bonds approved for $135 million dollar Georgia retirement community

November 1, 2018  |  I Advance Senior Care
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Berry broke ground on the 170-unit community earlier this month and the first units are expected to be built and ready in 2020.

The delay in senior housing sales

October 2, 2018  |  I Advance Senior Care
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Investor interest in senior housing remains strong and will continue for the foreseeable future, but the marketing period for assets has grown longer. 

ProMedica's billion-plus debt offering aims to expand hospitals, facilities

October 1, 2018  |  I Advance Senior Care
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ProMedica is one of the nation’s biggest integrated healthcare systems with 13 hospitals in two states, 900 physicians, a large health insurance arm and now — following the ManorCare acquisition — skilled nursing homes and senior-care operations in 30...

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. 

Tryko Partners LLC picks up New Providence SNF

September 13, 2018  |  I Advance Senior Care
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Tryko Partners LLC has acquired 106-bed ManorCare Health Services-New Providence, adding it to its New Jersey skilled nursing portfolio, it announced Tuesday.

Skilled nursing occupancy hits new record low

September 13, 2018  |  I Advance Senior Care
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Back in March, NIC reported a record-low occupancy figure of 81.6% for the first quarter of 2018; the data generally cannot be compared release to release due to changes in the exact groupings of facilities that submit data to NIC.

Two years after closing, Virginia nursing home reopens as assisted living center

September 4, 2018  |  I Advance Senior Care
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The Region Ten Community Services Board, which provides behavioral health and developmental services throughout Central Virginia, recently turned the health and rehab facility into the Town Creek Assisted Living Center.

HealthCare Partners to bring 23 senior care facilities to southern Nevada

August 24, 2018  |  I Advance Senior Care
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The clinics, named myGeneration clinics, are staffed by physicians and care teams who have been specifically trained to understand and care for the unique health needs of people 65 and older on Medicare.

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.

Couple donates $2 million for hospice center and SNF

July 18, 2018  |  I Advance Senior Care
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The fundraising for the project was kick-started by a $2 million donation from Pete and Jelaine Horton who retired to Door County after Pete, a farmer, suffered respiratory damage in a farming accident.

Independent housing, home-based services push SNF to full occupancy

July 18, 2018  |  I Advance Senior Care
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Fort Hudson, which is based in Fort Edward, N.Y., in upstate Washington County,  was originally incorporated as an 80-bed nursing home in 1969, and it didn’t end up expanding into independent housing until the year 2000. 

CCRCs expected to experience big boom with incoming baby boomers

July 17, 2018  |  I Advance Senior Care
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Continuing care retirement communities (CCRCs) are poised to attract a wide swath of older adults over the next decade, but that doesn’t mean there won’t be challenges or changes to the business model along the way.

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