Senior Housing

The initial focus will be to integrate CareMore's clinical programs and onsite care models at Welltower communities in Los Angeles and Orange County in collaboration with operating partners Belmont Village and SRG Senior Living.

"We are thrilled to provide our marketplace with access to institutional-quality opportunities in the senior living sector," said Keith Lampi, president and chief operating officer of IPC.

The 2019 CREW Network Convention and Marketplace, which will continue throughout the week at the Renaissance Orlando at Sea World, brings together more than 1,200 commercial real estate leaders.

In addition to its diverse project mix, Encore contributes its success to a collaborative culture driven by employee ownership, with more than half of the firm's staff also serving as company shareholders.

The company states that 10 of the skilled nursing facilities sold are located in Nebraska. Four skilled nursing facilities were located in Iowa and one skilled nursing facility is based in Kansas. The 13 medical office buildings properties are all situated in Massachusetts.

The Sheridan at Oak Brook is expected to be completed in early 2021 and will create more than 100 jobs for community.

Health care is a strong sector that promises to be resilient in the next recession, but there are a lot of pitfalls for those without experience.

The senior living owner and operator partnered with Ryan Cos. to build the 170-unit senior living community.