Housing
| August 14, 2018
McGregor Foundation, CHN Housing Partners to build assisted living facility in Cleveland
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.
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| July 18, 2018
Couple donates $2 million for hospice center and SNF
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.
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| July 18, 2018
Independent housing, home-based services push SNF to full occupancy
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.
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| July 17, 2018
CCRCs expected to experience big boom with incoming baby boomers
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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| June 18, 2018
Skilled nursing occupancy drops to 81.6%
For the first time in six years, skilled nursing occupancy failed to increase between the fourth and first quarters as the numbers continued their grim march downward.
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| June 14, 2018
NYC focused on senior living with $500 million plan
New York City has plans to build thousands of senior housing units on public land in an effort aimed at aiding the city’s low-income older adults.
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| June 12, 2018
Artis to branch out with new community near Chicago
Artis is owned by the Bainum family, which got into the nursing home business in 1959.
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| June 8, 2018
New care units slowest to fill, according to new study
Despite a surprisingly high median occupancy number, the lease-up rate for nursing care units lags behind the other three key asset classes in the seniors housing and care space.
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| May 31, 2018
Eight Skyline facilities in Pennsylvania sold to new owners
Temporary oversight of eight former Skyline Healthcare skilled nursing facilities in Pennsylvania has come to an end.
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| May 17, 2018
Brightview to begin construction on $64 million assisted living complex
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.
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