It was a pleasure to join professionals from around senior living at last week’s LeadingAge Annual Meeting & Expo in New Orleans. As always, we enjoyed getting the chance to meet and speak with many of the attendees between sessions, during networking events and at our booth.
In case we didn’t get the chance to meet in New Orleans, we’d like to share with you a brochure we distributed at our booth. This brochure describes how Greystone helps non-profit providers reinvent their businesses. Your organization is unique, and so too are the challenges and opportunities it faces. As you look at the case studies inside, you’ll see examples of how we help provider organizations just like yours overcome their unique challenges and seize their unique opportunities.
If you have any questions or would like to discuss your organization or the senior living industry as a whole, contact us today. Again, it was a pleasure to be with you in New Orleans, and we look forward to seeing you at next year’s Annual Meeting & Expo in Philadelphia.
John Knox Village has opened The Meadows, a new apartment complex on its campus in Lee’s Summit, Mo. — and the community has taken notice.
The Kansas City’s Star featured The Meadows this week, noting how it is John Knox Village’s way of “redefining” retirement living. The Meadows included 112 one- and two-bedroom apartments, as well as 33,000 square feet of meeting space, an aquatics center, a fitness center, dining venues and other amenities.
John Knox Village officially opened with a ribbon-cutting ceremony on Oct. 23. Greystone served as development consultant on this project. See photos in the gallery below, and read the full story from the Kansas City Star.
Methodist Retirement Communities is in the process of closing on 19 acres in Fort Worth, where it plans to develop a new Life Plan Community called “Stevenson Ranch.” Plans for the $140 project call for:
- 159 independent living units
- 36 assisted living units
- 24 memory support suites
- 24 rehabilitation suites
- 16 skilled nursing suites
“We look forward to Stevenson Oaks carrying on the tradition of other successful MRC communities throughout Texas,” MRC President and CEO Ron Jennette said in a statement. “It’s an exciting time for our organization to grow our mission, serve more seniors, and help provide them and their families a secure future.”
Construction is expected to begin in late 2019, and Stevenson Ranch is expected to open in 2021. Greystone is serving as development consultant.
Stevenson Ranch is the next project in a series of successes for Methodist Retirement Communities, which is based in The Woodlands, Texas. Among MRC’s recent projects are the redevelopment of Crestview in the Bryan-College Station area, the opening of a new campus in League City, Texas, as well as another new campus in College Station, which is currently under development.
U.S. News & World Report has named the best nursing homes in the United States, including 11 from the Kansas City area. Among KC’s top 11 nursing homes is The Plaza Health Services at Santa Marta’s non-profit continuing care campus in Olathe.
Sponsored by the Archdioceses of Kansas City in Kansas, Santa Marta financed for construction in 2006 and opened to residents in November 2007. Its first phase included 138 independent living units, 24 cottages, 32 assisted living units, 16 memory support suites and 34 nursing home beds.
A recently opened second phase has added eight assisted living units, 12 memory support suites and 18 nursing home beds. Greystone served as development consultant on Santa Marta’s original construction and expansion, and Greystone also serves as management consultant at Santa Marta.
Community leaders, representatives from Volunteers of America and others gathered earlier this month for the grand opening of Palmview, a health care expansion at Gulf Coast Village’s continuing care campus in Cape Coral, Fla.
Sponsored by Volunteers of America, Gulf Coast Village first broke ground on this expansion project in fall 2015. The $31 million expansion project includes 80 new assisted living units and 48 new memory care suites in a 130,980-square-foot, three-story structure.
The finished result is receiving rave reviews:
“We couldn’t be more proud that the vision is finally coming true,” Gulf Coast Village Executive Director Kevin Ahmadi told CapeCoral.com. “We set that vision out a couple of years ago and to see it begin to take shape is very rewarding.”
“This is something we are in dire need of in our city,” said Cape Coral Economic Development Manager Dana Brunett. “We have a large deficiency in assisted living facilities in Cape Coral. We have a couple more coming online over the next 18 months. It just shows that our city is growing and the amenities necessary to support that are coming online. This project and those like them are a critical aspect of our growth.”
“We wanted a wow factor,” said Volunteers of America Executive Vice President Wayne Olson. “Not only a facility to meet residents’ basic needs but a building people wanted to come to.”
Greystone served as development consultant on the Palmview expansion in addition to its role as management consultant at Gulf Coast Village.
See CapeCoral.com’s photos of the Palmview expansion.
For the 37th year, marketing and sales professionals from around the country gathered for Greystone’s Sales Adventure — a conference that delivers education and motivation to senior living sales team members.
This year’s Sales Adventure included a Yacht Rock theme. It took place April 26-28 in Southlake, Texas, and the conference featured sessions that addressed a wide range of relevant topics, including:
- Breaking the voicemail barrier
- Building and developing strong sales teams
- Referral programs
- Engaging residents’ families through technology
One of the highlights of each year’s Sales Adventure is an awards dinner during which leading sales teams and individuals are honored for their work over the past year. Here’s a look at the 2017 winners:
Expansion Sales Team of the Year: Mary’s Woods (Cheri Musotto-Conyers, Sue Black, Kristi Kane, Scott Warden, Kristen Smith)
Blue Sky Sales Team of the Year: Nakoma Sky (Tim Carmichael, Nancy Karner, Linda Warkomski)
Marketing Community of the Year: Edgemere (Vanessa Curtright Bowles, Rochelle Humphrey, Monika Pearce, Susan Briscoe, Joel Hernandez)
Cherie Litton, Marketing Director of the Year, Edgewood Summit
Melissa Heiss, Sales Director of the Year, The Stayton
Heather Lince, Marketing Assistant of the Year, The Terraces of Boise
Lydia Sanchez, Admissions Coordinator of the Year, Mirador
Armando Barrera, Community Liaison of the Year, Mirador
Shannon Volin, Senior Living Counselor of the Year, The Amsterdam at Harborside
Operational Sales Team of the Year: The Barrington of Carmel (Nikki Meeker, Penny Hurst, Janine Short)
Penny Hurst, RHINO AWARD, Barrington
Nancy Durant, RHINO AWARD, Santa Marta
Monika Pearce, RHINO AWARD, Edgemere
Janine Short, RHINO AWARD, Barrington
Susie Herrmann, Health Services Sales Counselor of the Year, Barrington
Kristi Kane, Newcomer of the Year, Mary’s Woods
Elaine Lucchesi, Senior Living Counselor of the Year, The Amsterdam at Harborside
Congratulations to all of this year’s winners!
On the banks of the beautiful Willamette River, a 16-year-old non-profit senior living community is capitalizing on its strong market reputation to grow for the future. Mary’s Woods at Marylhurst financed its existing continuing care campus in 1999 and it first opened in 2001.
Located in the Portland suburb of Lake Oswego, Ore., the community currently includes 233 independent living units, 50 independent living villas, 55 assisted living units, 23 memory support suites, 26 residential care suites and five licensed skilled nursing beds.
In April, Mary’s Woods secured $114,815,000 in tax-exempt bond financing and $60,250,000 in tax-exempt mandatory paydown securities that will help it add more units and serve more seniors.
The expansion will be called The Village at Mary’s Woods, and it will include 144 independent living units, 48 assisted living units, two common area buildings, 152 underground parking spaces and 150 above-ground parking spaces. One of the unique aspects of the project is a residential Town Square that will offer convenient services and programs that the organization has learned its residents appreciate and need.
Construction of this expansion will take place on 12 unused acres on the community’s existing 75-acre campus. Substantial construction is scheduled to end in phases, with completion of the first buildings to begin in late 2018 and completion of the entire project in late spring or early summer of 2019.
Mary’s Woods is led by a 16-member board of directors that includes Board Chair David Galt and Chief Executive Officer Diane Hood. This expansion will help Mary’s Woods capitalize on a market opportunity and serve its waitlist that includes more than 300 prospective residents.
“At the start of this project, our management team recognized the need for outside experience and expertise, both to ensure ultimate success and to provide assurances to our board as we moved forward,” Hood said. “Greystone brought a third-party perspective and a first-party investment in the project. They also brought a strong industry reputation, which was immensely helpful in navigating the capital markets to secure financing.”
Senior Vice President Stuart Jackson led Greystone’s work on this project:
“Mary’s Woods enjoys an incredible reputation in its market, which helped this expansion sell out as quickly as any that Greystone has worked on since the Great Recession,” Jackson said. “It’s been a pleasure to support such a strong organization — Diane and her team were excellent to work with. They are making a difference in the lives of their current residents, and this expansion will help them make a difference in many more lives in the future.”
See renderings of the project in the gallery below.
Greystone was proud to be part of LeadingAge’s 2016 Business Strategy Council. Greystone served alongside nonprofit providers and other LeadingAge Gold Sponsors in writing a soon-to-be-published white paper called “Growing the Nonprofit Presence.” This white paper project also included a series of video interviews with senior living leaders. These interviews covered a wide range of topics, including:
- The Nonprofit Advantage
- Achieving Success
- Social Responsibility
- Attracting Talent
- Leadership & Culture
- The Future
- If You Had a Magic Wand …
Look for the published white paper soon. In the meantime, enjoy the video series using the playlist below:
Masonic Homes of Kentucky (MHKY) has been serving the Bluegrass State since the close of the Civil War. That’s many decades of service and many lives touched. Today, the MHKY campus in Louisville is home to a variety of senior living and care options — and those options are expanding in 2017.
MHKY is in the process of adding two new communities to its campus — The Meadow and Grove Pointe. The Meadow will be a 122-unit independent living center that also includes an 80-seat movie theater, a 300-seat performance space, a café and other amenities. The Grove will be a 48-unit assisted living center.
Early this year, crews were working on framing for The Meadow and foundation placement for Grove Pointe. The full project is expected to be complete in summer 2018.
As construction proceeded, the MHKY family was celebrating its significant anniversary with a gala on the 82-acre Louisville campus. Louisville’s WLKY-TV was on hand to capture highlights from the celebration. See those highlights in the video player below, as well as aerial photos of construction on MHKY’s Louisville campus in the gallery at the bottom of this page. Greystone is proud to be a sponsor of MHKY’s 150th anniversary, as well as development consultant for its expansion.
Learn more about Masonic Homes of Kentucky and its history by visiting its special 150th Anniversary website.
Here are the aerial photos showing construction of The Meadow and Grove Pointe:
A $31 million, 128-unit expansion is close to opening at Gulf Coast Village’s continuing care campus in Cape Coral, Fla. Sponsored by Volunteers of America, Gulf Coast Village spent nearly three years planning this expansion, which includes both assisted living and memory support units. And construction of the expansion, called Palmview, has been taking place on the 36 acres adjacent to the existing Gulf Coast Village community for the past 18 months.
Now, in preparation for a March opening, the community is accepting reservations from those interested in living at Palmview. Once the Palmview project is complete and fully operating, Gulf Coast Village will take on a second phase that includes the $5.9 million transformation and renovation of existing assisted living units into skilled nursing units.
The Cape Coral Daily Breeze recently shared an update on progress at Gulf Coast Village. Executive Director Kevin Ahmadi said: “I couldn’t be more pleased to bring a state-of-the-art assisted living product to the Cape Coral market. Palmview will set the standard for all assisted living facilities.”
Greystone is serving as development consultant on the Palmview project, in addition to its role as management consultant at Gulf Coast Village.
See recent aerial photos of the Palmview expansion in the gallery below. Learn more about Gulf Coast Village.