It is our mission to keep you informed of the latest news about the senior living industry, assisted living regulatory and legislative breakthroughs and Argentum events, workshops, services and programs. Take a look around this website and keep coming back.
MEMBERS in the News
HHHunt completed an $11.5 million purchase of a stalled project in western Henrico County, Virginia, through federal bankruptcy court in Arizona. It plans to complete construction and open the community this winter as Spring Arbor Cottages of Richmond.
Chancellor Health Care, Inc. of Windsor, California, announced an expansion of its senior living communities. In a $36.6 million dollar purchase, on September 1, 2016, National Health Investors (NYSE-NHI) acquired three communities in McMinnville, Oregon, and leased the communities to Chancellor Health Care effective immediately. The lease is for 15 years with an annual lease rate of 7.5 percent.
Enlivant, one of the nation's largest owners and operators of senior living communities, TPG, a leading global investment firm, and TPG Real Estate, the real estate platform of TPG, announced a series of large, strategic portfolio acquisitions today from several unrelated organizations.
Wichita, KS-based Legend Senior Living is supporting college students in Kansas who are interested in health-related issues affecting older adults through a $75,000 donation that created the Legend Fellows Program at Wichita State University, according to an article a university foundation publication.
Updates to Harry Ekstam Assisted Living in Batavia Will Allow the Community to Nearly Double Its Memory Care Capacity
Updates to the Harry Ekstam Assisted Living community, 831 N. Batavia Ave., Batavia, are expected to be finished by early fall of this year. Joseph J. Duffy Co., Chicago, was chosen to complete a renovation to common spaces, including the relocation of one dining room. In addition, a new, more visible entrance with a vestibule is being added.