NEW YORK: The five hundred and forty-eighth entry for the seniors housing Global Awards for 2015 has been received.
Armed with a five-year, $5 billion development pipeline, it is clear that developer Mainstreet is betting big on its vision to transform the traditional post-acute skilled nursing facilities of days past. But this quest is not one the company is undertaking alone.
The Carmel, Indiana-based Mainstreet has entrusted few operating partners with carrying out its mission to develop what it has dubbed its Next Generation properties, which provide transitional short-term rehabilitation services in a setting more resemblant of a resort than the generally perceived notion of a skilled nursing home.