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Mainstreet Unveils New Model, Ushers In New Execs

Changes are afoot at Mainstreet. Mainstreet Property Group, the nation’s largest developer of skilled nursing/transitional care properties, has seen significant churn in its top leadership over the...

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Monday Jump-Start: Big Changes for Holiday, ABHOW, Mainstreet

Happy Monday! Hopefully, you’ve already had your morning coffee and you’re ready to take on the day. Before you do, take some time to get caught up on the events of the past few days. In the senior...

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Bill Thomas Joins Holiday Retirement as Chief Wellness Officer

Dr. Bill Thomas, a well-known senior care pioneer and the originator of the Green House senior living model, is joining the executive team at the nation’s largest independent living provider. He will...

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In the Pipeline: Senior Housing Construction Projects (3/27/17)

Construction: Planned Senior Community Planned in California  Located in Morgan Hill, California, Steadfast Senior Living is planning a new community with 67 senior apartments for assisted living and...

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Developer Leo Brown Launches Post-Acute Pipeline, Taps Mainstreet Alums

Leo Brown Group has become well-established as a senior housing developer since its founding in 2006, and now the company is branching out with a new push into post-acute care. The company has tapped...

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Senior Housing Investments & Transactions: Benchmark Senior Living

Benchmark Senior Living Buys CCRC Near Boston A continuing care retirement community (CCRC) near Boston has a new owner. Benchmark Senior Living, which is based in Waltham, Massachusetts, acquired New...

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Mainstreet Halts All Rapid Recovery Center Projects in Arizona

Mainstreet, one of the largest developers of post-acute properties in the United States, is having a rocky launch for its Rapid Recovery Center offering. One year ago, Mainstreet’s plan was to open 11...

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Possible Foreclosure, Lawsuit Point to Further Signs of Financial Distress at...

Two new developments point to signs of financial distress at Mainstreet. First, a former Mainstreet executive is suing the Carmel, Indiana-based organization, alleging that it terminated him in...

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Invesque Targets $2.5 Billion Portfolio of Senior Living, Health Care Properties

Invesque, the real estate investment company headed up by former Mainstreet executives, is continuing to rapidly expand. It has re-located to a new headquarters building in Carmel, Indiana and is...

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Mainstreet Sells Four Rapid Recovery Centers in Texas to Former Executive

Mainstreet has sold the operations of four Rapid Recovery Centers in Texas to a former executive and his newly formed operations company. Mark Fritz — the former executive who helped create the “Rapid...

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