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New Assisted Living And Memory Care Community To Celebrate Its Grand Opening In West Yarmouth

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WEST YARMOUTH, Mass. , Aug. 17, 2017 /PRNewswire/ -- Mill Hill Residence , a Maplewood At Mayflower Place community , will announce its grand opening on Wednesday, August 23 rd from 4:00 PM to 7:00 PM at the former site of the Mill Hill Club at 164 MA-28 in West Yarmouth . Attendees will have a first look to see the residence and experience its personalized services and amenities.    Maplewood Senior Living )" src="https://mma.prnewswire.com/media/546334/Maplewood_Senior_Living_Grand_Opening.jpg?w=800" alt="(PRNewsfoto/ Maplewood Senior Living )" class="img-responsive" /> (PRNewsfoto/ Maplewood Senior Living )... In attendance at the event will be Representative William L. Crocker, Jr. and Yarmouth town officials including Town Administrator Daniel Knapi...

Real estate investing in older adults: What’s best?

NEW YORK – Aug. 22, 2017 – With all the talk about aging baby boomers and life- extending health care advances , it might be a bit bewildering deciding which seniors housing assets are best primed for success. Lee Everett, managing consultant at research firm CoStar Portfolio Strategy , might be able to provide some clarity. Two product types – active adult communities and continuing care retirement communities (CCRCs – will be the winners in the seniors housing race both in the short and the long term, Everett says. Everett and his CoStar colleagues are bullish about active adult communities , which are age-restricted developments that offer an independent lifestyle and relatively maintenance-free housing. Growth in this segment is "just around the corner," with more baby boomers getting older and seeking alternatives to traditional homes and apartments. "We're looking at a period where there's going to be a lot of fast and explosive growth in active a...

Karen Foley Named VP Of Sales At LCB Senior Living In Norwood

From LCB Senior Living : LCB Senior Living , LLC (www.lcbseniorliving.com) is pleased to announce the selection of Karen Foley as the company’s new Vice President of Sales. In this role, Mrs. Foley will support LCB’s sales teams at both the corporate and community levels, where she will coordinate with these associates in promoting LCB ’s communities and reaching occupancy and revenue objectives. Most LCB communities offer independent , assisted and memory care assisted living for local seniors. Mrs. Foley has 25 years of experience within the senior living industry , most of which have been in managerial sales roles . She has held positions with Sunrise Senior Living , Benchmark Senior Living , and most recently, Maplewood Senior Living , where she served as the company’s Vice President of Business Development. Independent Living residents at LCB Senior Living communities have private apartments with a kitchenette and bath, along with the peace of mind of 24-hour security, three n...

Senior Housing Finance Activity: KeyBank, Love Funding

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KeyBank Arranges Loans for Affordable Seniors Housing Projects Cleveland- based KeyBank Real Estate Capital (NYSE: KEY) has arranged a $23. 8 million Fannie Mae loan for Harmony Housing , a 501(c)(3) non- profit organization based Douglassville , Georgia. KeyBank’s John Gilmore, IV, and Jeff Rodham arranged the financing. The funds will be used to acquire three affordable and senior housing properties in Texas and Wisconsin, including the acquisition of Prairie Park Senior Apartments , a 96-unit, low- income housing tax credits (LIHTC) property in Madison, Wisconsin. The company has also arranged a $6. 9 million FHA loan for Millennia Housing Development Ltd., for the renovation of Sherman Thompson Towers Apartments , a 151- unit affordable seniors housing community in Ironton, Ohio. The project was awarded tax credits by the Ohio Housing Finance Agency (OHFA), and has a housing assistance payments (HAP) contract that provides rental assistance to 150 of the 151 units. KeyBa...

Some condos being run as serviced apartments, Business News

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AT least two projects nestled in a mature residential precinct in District 9 near Somerset are being run as serviced apartments - despite not having the regulatory approval to do so - and a third one is opening. Oxley Thanksgiving Residence , a freehold condominium at 328 River Valley Road owned by Chinese temple Poh Ern Shih , and St Thomas Lodge , which also sits on freehold land at 32 St Thomas Walk , are listed for short-term stay on the website of accommodation service provider Atas Residence . The Business Times' visit to these projects confirmed that they are being run as serviced apartments. A third property, Devonshire Apartments at 17 Devonshire Road , has just undergone a major renovation, and the units there are understood to be starting a new chapter as serviced apartments this month. BT's query to the Urban Redevelopment Authority (URA) confirmed that these three properties are currently approved for residential use, but "do not have planning permission to...

The Home Front: As word of ICE raids hits Roaring Fork Valley, Carbondale approves policies to ‘gain the trust of immigrants’

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ICE raids hits Roaring Fork Valley , Carbondale approves policies to ‘gain the trust of immigrants’" title="The Home Front: As word of ICE raids hits Roaring Fork Valley , Carbondale approves policies to ‘gain the trust of immigrants’" /> “Carbondale trustees have approved new town policies in an attempt to gain the trust of immigrants, while word has spread of arrests by federal immigration officials in the Roaring Fork Valley ,” reports The Glenwood Springs Post -Independent . “Ted Hess, a Glenwood Springs immigration attorney , said that several of his immigrant contacts reported numerous arrests early last week by Immigration and Customs Enforcement agents , though that activity is difficult to verify. Hess said all he has is anecdotal evidence, but he received seven phone calls Aug . 14 from people reporting ICE arrests and activity, and similar accounts followed later in the week. ICE has arrived, he said, and these kinds of raids will be a feature...

Hines Enters Joint Venture Agreement for Offices at Chandler Viridian

PHOENIX, Aug. 21 -- Hines issued the following news release: Hines, the international real estate firm , has entered into a joint venture agreement with New York Life Real Estate Investors , on behalf of its institutional client , as its equity partner to develop the Offices at Chandler Viridian .The Offices at Chandler Viridian is a six-story, Class A office building with 250,000 square feet of space located at the intersection of Loop 101 and Loop 202 near the Chandler Fashion Center ."The Offices at Chandler Viridian is a highly desirable office building offering users the connectivity needed in today's business world. The addition of New York Life Real Estate Investors ' institutional client creates a powerhouse partnership for this project," said Chris Anderson, managing director and Arizona leader for Hines. "Without leaving the Chandler Viridian campus , tenants will be able to stay at a beautiful new hotel, live at a luxury multifamily complex , ea...

In the Gig Economy, Coworking Spaces Are Everywhere—What Is It Like to Work in One? - Features

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The Riveter: This one was my favorite. Steve Korn S eattle has the fourth-fastest- growing freelance economy in the country, which explains why there are almost as many coworking spaces opening up as luxury apartment buildings . Since I'll never be able to afford a luxury apartment , I thought maybe I can at least work at a place where the sink actually drains and the coffee is always fresh. So I checked out some coworking spaces and brought my laptop with me. I didn't tell them I was coming. I wanted to see what these places were like inside, without any PR hoopla. Clearly, we are living in the age of the remote worker. By 2020, 40 percent of the US workforce will be freelancers, temps, independent contractors, or "solopreneurs," according to a 2010 study by Intuit. According to the 2017 Global Coworking Survey , nearly 1. 2 million people worldwide will have tried coworking by the end of next year, and around 14, 000 coworking spaces will be in operation. Sixt...