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Assisted Living Homes with University Affilitations

Assisted Living Homes with University Affilitations

A recent press release from the University of Pittsburgh Medical Center (UPMC) revealed that one of their senior communities received its license for assisted living. How many people even knew that the UPMC had senior housing in their portfolio? It turns out that College and University affiliated senior housing is widespread. This company specializes in senior housing/college partnerships. They … Continue reading

Necessary PR moves for AL Deaths

Necessary PR moves for AL Deaths

A 93-year-old woman died from hypothermia last week in Wisconsin. Her body was found outside of Four Winds Manor, the assisted living home where she lived. The Wisconsin Dept of Health Services which licenses assisted living and nursing homes  is investigating. The administrator of the home declined comment. The Four Winds should treat the death of … Continue reading

Smaller REIT Prefers Building Properties over Buying Them

Smaller REIT Prefers Building Properties over Buying Them

Edgewood REIT, based in North Dakota, finds building its own senior living properties  more prudent than buying existing ones. Edgewood REIT  leases most of its properties to the Edgewood Group who also own a development and construction company. The company manages 43 independent, assisted and memory care communities in several Great Plain and Rocky Mountain States. The … Continue reading