Saturday, July 15, 2017

Park Springs Health Services Opens Georgia’s First, fully executed Household Model in Continuing Care Retirement Living

From left:  Angie Hollanda (Gwinnett Chamber of Commerce), Sandra Durbin (Director of Health Services Park Springs Health Services), Billy Smith, Andy Isakson (Managing Partner of Isakson Living), Brian Thomas (VP of Construction Isakson Living), Evelyn Lee (Senior VP of SunTrust’s Aging Services practice) and Jenna Kelly (President & CEO, Atlanta Division at SunTrust Bank).

Andy Isakson
STONE MOUNTAIN, GA – Isakson Living announces the opening of Park Springs Health Services (PSHS), located adjacent to its resort-style continuing care retirement community (CCRC), Park Springs.

 Featuring Georgia’s first-ever, built-to-suit household model, the state-of-the-art facility, opens with 75 percent of the homes sold. And starting in August, the full-service healthcare facility will launch the nation’s first “Dementia Care Matters (DCM) Butterfly Household Model of Care”.

“For nearly 15 years we’ve been working diligently to improve the model of care for the aging population,” said Andy Isakson, managing partner of Isakson Living. “We’re breaking the mold in Georgia with our household model and changing the narrative nationally with our relationship with DCM.”

DCM, a United Kingdom-based Culture Change organization, is disrupting the way facilities care for people living with dementia by focusing on an emotion-based approach.

 The Butterfly Household Model of Care emphasizes the importance of a nurturing and supportive staff, enables a better quality of life and inspires leadership, achieving real outcomes and continued growth. This innovative program starts with an intensive training of the PSHS staff to understand emotion-based care so they can empathize with members living with dementia.
"Feelings really matter most in dementia care. People experiencing dementia become more feeling than thinking beings. Therefore, requiring heightened emotional care first - all we have is now,” said David Sheard, CEO and founder of DCM and director of The Butterfly Community. “After pioneering this in four other countries it is exciting to be arriving into the U.S., launching our first Butterfly Home and developing this special relationship with Isakson Living. "

David Sheard
The Butterfly Household Model of Care is a year-long initiative that focuses on a person-centered approach and three main objectives: encouraging care-givers to grow their emotional intelligence, connecting and interpreting a person’s feelings and ensuring the daily life of a member is a positive experience.

 Action based learning teams will develop and implement, like a butterfly, the necessary skills to follow the model. These objectives align perfectly with Isakson Living’s mission and focus on person-centered care.

PSHS is comprised of four additional households focusing on adult day services, short-term Medicare certified rehabilitation and long term Medicare certified skilled nursing, in addition to the two Butterfly Household Models of Care.

 Each household accommodates 18 members, and includes a household kitchen and dining room, staffed with a homemaker that allows members to eat what they want, when they want it.

In addition, each household has a living room and access to beautiful courtyards, allowing members to come and go outside as they please. Staff works around member’s schedules and what works well for them. There is also a 3,100 square-foot physical therapy center, serving members as well as the local community.

The construction of the new Park Springs Health Services and other Park Springs campus improvements were made possible through a $74.4 million loan from SunTrust Bank.
“Isakson Living and their dedicated caregivers show real passion for serving those in their community, and we look forward to helping them achieve continued growth.” said Evelyn Lee, senior vice president of SunTrust’s Aging Services practice. 

“With the new Park Springs Health Services, we believe the organization will be well positioned to further support the needs of their current residents and the growing senior population in Georgia for years to come.”

For a complete copy of the company’s news release, please contact:
Emma Cathey/Liz Lapidus
Liz Lapidus PR

RAF Pacifica Group Breaks Ground on Three Creative Industrial Developments totaling $110 Million in North Couty, San Diego, CA

  • vec•tor
This 171,098 square-foot, two-story industrial/R&D facility will accommodate one to four industrial or research tenants. Estimated development costs total $29 million.

Located in the Carlsbad Oaks North corporate business park, vec•tor will feature 30’ clear height ceilings, grade-level and dock-high loading doors, and a glass-centric design to ensure natural lighting for users.

SAN DIEGO, CA – RAF Pacifica Group, a San Diego-based owner, operator, and developer of commercial real estate, has broken ground on three ground-up creative industrial developments totaling $110 million in North County San Diego.

These developments encompass over half a million square feet of high-quality creative industrial space and will be delivered to the market in 2018, making RAF Pacifica Group one of the most active developers in San Diego, according to Founder & Principal Adam Robinson (right).

“Now more than ever, the ‘if you build it, they will come’ mantra rings true for high-caliber industrial product in North County San Diego,” asserts Robinson. 

“Despite a slight uptick in new development, no new construction matches the aesthetic and functionality of our creative industrial facilities, which integrate creative office amenities into state-of-the-art industrial 
buildings for an unmatched user experience.”

Robinson notes that residents and businesses from all over Southern California are relocating to San Diego’s North County based on the submarket’s explosive job growth, high-quality housing, and superior quality of life.

“North County is booming and continuing its emergence as a hub of tremendous growth and innovation,” continues Robinson. “From tech startups to life sciences to manufacturing, North County’s diverse economy is attracting an influx of talent and investment capital to this region, especially along the I-78 corridor.

“We’re capitalizing on this momentum by developing state-of-the-art creative industrial buildings to support the growth of this dynamic business community.”

For a complete copy of the company’s news release, please contact:

Katie Kea / Jenn Quader
Brower, Miller & Cole
(949) 955-7940

Hanley Investment Group Completes Sale of Single-Tenant LA Fitness in Los Angeles

Bill Asher
MONTEBELLO, CA - Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has completed the sale of a single-tenant net-lease retail investment occupied by LA Fitness in Montebello, California. The price could not be disclosed.

Hanley Investment Group's Executive Vice President Bill Asher and company President Ed Hanley represented the seller, a private partnership based in Orange County, California. The buyer, which represented themselves, was a publicly-traded REIT.

Built in 1988, the 42,946-square-foot building is situated on 3.07 acres at the signalized intersection of Beverly Boulevard and Wilcox Avenue at 2222 W. Beverly Boulevard in Montebello. The location has a 28-year operating history as a health club with LA Fitness taking over a former Bally's and recently executing a new long-term lease extension.

Ed Hanley
According to Asher, Hanley Investment Group procured multiple offers and selected a highly-qualified buyer that transacted all-cash and closed in 45 days.

“LA Fitness is one of the fastest growing health club chains in the U.S. and presently has more than 690 locations in 32 states and Canada,” Hanley noted.

“This is a rare sale of a single-tenant LA Fitness in Los Angeles County,” said Asher. “Only three single-tenant LA Fitness investments sold in Southern California since 2015, with Hanley Investment Group selling two of the three properties. LA Fitness is the #1 health club in the nation and the most attractive and stable health club investment in today’s market.”  

Hanley noted, “The growth of health club memberships nationwide has spurred the development of fitness centers from coast to coast, which has created outstanding real estate investment opportunities.”

For a complete copy of the company's news release, please contact:

Anne Monaghan