Assisted living

BBG Seniors Housing Investor Survey Reveals Key Market Trends in 2024

Retrieved on: 
Tuesday, March 5, 2024

DALLAS, March 5, 2024 /PRNewswire/ -- BBG, the nation's largest independent commercial real estate services firm, today released its second annual U.S. seniors housing investor survey.

Key Points: 
  • DALLAS, March 5, 2024 /PRNewswire/ -- BBG, the nation's largest independent commercial real estate services firm, today released its second annual U.S. seniors housing investor survey.
  • This comprehensive report offers valuable insights from prominent market professionals on critical trends anticipated to shape this dynamic alternative asset class in 2024.
  • Conducted in January 2024, the survey garnered crucial insights from key players across the U.S. seniors housing market, including major investors, developers, lenders, and brokers.
  • R.J. DeBee III, Managing Director and National Seniors Housing Practice Leader, commented on the survey: "We are excited to release our annual seniors housing investor survey.

Heritage Management Services Expands Portfolio, Assumes Management of Two Area Communities

Retrieved on: 
Wednesday, January 31, 2024

Beginning March 1, Heritage Management Services will take the reins as the management company for two Omaha-area communities, Ridgewood and Fountain View, totaling 221 apartments.

Key Points: 
  • Beginning March 1, Heritage Management Services will take the reins as the management company for two Omaha-area communities, Ridgewood and Fountain View, totaling 221 apartments.
  • Heritage Management Services is honored to introduce these communities under their existing brand: Ridgewood by Heritage and Fountain View by Heritage.
  • "We are excited to embark on this new chapter with Ridgewood and Fountain View," said Amy Birkel, COO at Heritage Management Services.
  • Heritage Management Services operates Heritage Communities.

NexCore Group and Experience Senior Living Named Finalists for National Awards

Retrieved on: 
Thursday, January 11, 2024

DENVER, Jan. 11, 2024 /PRNewswire-PRWeb/ -- One healthcare facility and two senior living communities developed by NexCore Group, a national healthcare real estate investment and development company that focuses on custom-designed facilities and communities for healthcare providers, science and technology sectors and seniors housing, have been selected as finalists in the Healthcare Real Estate Insights (HREI) magazine's annual awards program. Headquartered in Denver, NexCore developed the projects in Prescott, AZ, Mechanicsville, VA, and Broomfield, CO.

Key Points: 
  • Jarrod Daddis , President of NexCore, remarked, "NexCore is honored to be recognized again by HREI with three finalists this year.
  • NexCore's senior living entity, Experience Senior Living (ESL), identified an underserved senior living market amidst aging communities in suburban Richmond, Virginia.
  • Experience Senior Living (ESL), NexCore's senior living entity, researched and realized an opportunity in the underserved Broomfield, Colorado market.
  • NexCore Group LLC is a national healthcare real estate investment and development company that focuses on acquiring, developing, owning, and managing purpose-built facilities for healthcare, science and technology, and senior living.

Homecare Hub & Penguin Living open Hamilton Residential Assisted Living Homes - Plan for up 200 beds over the next year in Response to Long-Term Care Crisis

Retrieved on: 
Monday, January 8, 2024

HAMILTON, ON, Jan. 8, 2024 /PRNewswire/ - Homecare Hub and Penguin Living proudly announce the opening of their newest assisted living residences in Hamilton, Ontario.

Key Points: 
  • HAMILTON, ON, Jan. 8, 2024 /PRNewswire/ - Homecare Hub and Penguin Living proudly announce the opening of their newest assisted living residences in Hamilton, Ontario.
  • The opening of their 3 houses in Warren Park last month marked the first set of many small-scale residential assisted living homes that will be created in Hamilton.
  • Their first 30 beds are available now, with an on-demand system that allows for the system to scale up.
  • For more information about the new Assisted Living communities being built, or Homecare Hub and its innovative senior housing and home care solutions, please visit www.homecarehub.ca/shared-living or call Homecare Hub at 1-888-227-3080.

Signature HealthCARE’s President and CEO Receives Notable Honor: McKnight’s 2024 Pinnacle Thought Leader Award

Retrieved on: 
Tuesday, January 2, 2024

For the last 30+ years, it is this kind of revolutionary thinking from Signature HealthCARE’s President and CEO, E. Joseph Steier, III that has garnered him the notable honor of being named as a McKnight’s Pinnacle Thought Leader Award recipient for 2024.

Key Points: 
  • For the last 30+ years, it is this kind of revolutionary thinking from Signature HealthCARE’s President and CEO, E. Joseph Steier, III that has garnered him the notable honor of being named as a McKnight’s Pinnacle Thought Leader Award recipient for 2024.
  • Established Signature HealthCARE as a top 10 post-acute healthcare organization with all Chief Operational leaders trained and certified as CNAs.
  • Co-founding the Signature Inspire Foundation, the non-for-profit philanthropic arm of Signature HealthCARE with its CNA-directed Board.
  • Signature HealthCARE has also been awarded a Best Places to Work in Kentucky honor by the Kentucky Chamber of Commerce, for six years.

Life Care Services becomes J.D. Power’s most awarded brand in the history of its Senior Living Satisfaction Study

Retrieved on: 
Wednesday, November 15, 2023

Power announced the results of its 2023 U.S. Senior Living Satisfaction Study, and Life Care Services , An LCS Company, has been recognized for the fifth consecutive year as #1 in Resident Satisfaction among Independent Senior Living Communities and added a #1 in Customer Satisfaction among Assisted Living/Memory Care Communities.

Key Points: 
  • Power announced the results of its 2023 U.S. Senior Living Satisfaction Study, and Life Care Services , An LCS Company, has been recognized for the fifth consecutive year as #1 in Resident Satisfaction among Independent Senior Living Communities and added a #1 in Customer Satisfaction among Assisted Living/Memory Care Communities.
  • The awards make Life Care Services the most awarded Senior Living Provider in the nation.
  • Power 2023 U.S. Senior Living Satisfaction Study recognized Life Care Services for excellence in:
    Independent Living: Five consecutive years as #1 in customer satisfaction among independent senior living providers.
  • Power 2023 U.S. Senior Living Satisfaction Study is based on responses from residents living in an independent, assisted living or memory care senior living community within the previous three years.

Watercrest Welcomes Diana Chavis as Executive Director of Watercrest Columbia Assisted Living and Memory Care

Retrieved on: 
Thursday, December 14, 2023

VERO BEACH, Fla., Dec. 14, 2023 /PRNewswire/ -- Watercrest Senior Living Group proudly welcomes Diana Chavis as executive director of Watercrest Columbia Assisted Living and Memory Care in Columbia, South Carolina.

Key Points: 
  • VERO BEACH, Fla., Dec. 14, 2023 /PRNewswire/ -- Watercrest Senior Living Group proudly welcomes Diana Chavis as executive director of Watercrest Columbia Assisted Living and Memory Care in Columbia, South Carolina.
  • "Positively impacting the lives of our seniors is infinitely rewarding," says Diana Chavis , Executive Director of Watercrest Columbia.
  • She has served as executive director of continuous care residential communities that included independent living, assisted living, memory care, skilled nursing and long-term care.
  • Watercrest Columbia is a signature product by Watercrest Senior Living offering 75 assisted living and 32 memory care apartments with premium accommodations, resort-style amenities and world-class care.

Coventry Holdings of Minnesota Opens its 18th Suite Living Senior Care Community

Retrieved on: 
Monday, November 27, 2023

WHITE BEAR LAKE, Minn., Nov. 27, 2023 /PRNewswire/ -- Coventry Holdings of Minnesota ("Coventry"), a fully integrated owner / operator of high acuity senior care communities, is proud to announce the opening of its 18th Suite Living Senior Care community ("Suite Living").

Key Points: 
  • WHITE BEAR LAKE, Minn., Nov. 27, 2023 /PRNewswire/ -- Coventry Holdings of Minnesota ("Coventry"), a fully integrated owner / operator of high acuity senior care communities, is proud to announce the opening of its 18th Suite Living Senior Care community ("Suite Living").
  • The floor plan for each Suite Living community is identical, offering a 21,500-sf single story residence that provides 32 single occupant care suites serving both Assisted Living and Memory Care needs.
  • All Suite Living Senior Care communities are owned by Coventry and professionally managed by Suite Living Senior Care Inc, a wholly owned division of Coventry.
  • For more information on the Suite Living Senior Care communities, please visit https://www.suitelivingseniorcare.com/our-suites .

Kimberley R. Alexander Named Executive Director Of Moms Of Black Boys United, Inc. (MOBB United) And M.O.B.B. United For Social Change, Inc. (MUSC)

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK, Nov. 14, 2023 /PRNewswire-PRWeb/ -- Moms of Black Boys United, Inc. (M.O.B.B. United), and M.O.B.B. United for Social Change, Inc. (MUSC), sister advocacy and support organizations dedicated to reshaping societal perceptions and policies concerning Black boys and men, has announced the appointment of Kimberley R. Alexander as its new Executive Director. In making the announcement, M.O.B.B. United Founder and Board Chair Depelsha McGruder expressed her excitement for this new chapter in the organization's history and the depth of experience Kimberley brings to the role. She describes Alexander as a passionate advocate and distinguished leader who will propel its mission forward.

Key Points: 
  • "Kimberley Robinson Alexander embodies the core values of MOBB United and brings a focused dedication to our mission of empowering and advocating for Black boys and young men."
  • "Kimberley Robinson Alexander embodies the core values of MOBB United and brings a focused dedication to our mission of empowering and advocating for Black boys and young men.
  • United as a national leader and board member, demonstrating her dedication to empowering and advocating for Black boys and young men.
  • "I am honored to take on the role of Executive Director at Moms of Black Boys United.

Assisted Living Locators Paves Clear Path for Veterans Eyeing Entrepreneurship

Retrieved on: 
Tuesday, November 7, 2023

As the nation's leading senior placement and referral franchisor, Assisted Living Locators paves a clear path for veterans transitioning from military service to a rewarding venture in business ownership.

Key Points: 
  • As the nation's leading senior placement and referral franchisor, Assisted Living Locators paves a clear path for veterans transitioning from military service to a rewarding venture in business ownership.
  • Recently at its National Conference in New Orleans, Assisted Living Locators amplified its devotion to veterans.
  • Founder, Brand President Angela Olea, RN, states, "Assisted Living Locators goes beyond mere recognition of veterans.
  • Major Germaine Simon, currently serving in the U.S. Army National Guard and an Assisted Living Locators New Orleans franchisee, expressed, "The values I've learned during my service resonate perfectly with the mission of Assisted Living Locators.