In case you missed it… here are the top five stories grabbing Senior Housing News reader attention this week:
NorthStar to Acquire 80 Senior Living Properties in $1.05 Billion Deal—Real estate investment trust NorthStar Realty Finance Corp. (NYSE:NRF) announced it will acquire a $1.05 billion, 80-property senior housing and care portfolio from investment partnerships owned and managed by Formation Capital, LLC and Safanad Limited.
Assisted Living Unprepared for Huge Healthcare Role—Assisted living will need to play a larger healthcare role as residents age and require more care. But are providers prepared? Most say while they know the realities, they are behind in terms of implementing the right systems to get them up to speed.
Toshiba Eyes $10 Billion Opportunity with New Healthcare Tech—Tech giant Toshiba says it is betting big on the healthcare space with the launch of new product segments and a $10 billion investment. Many of those products will target the market for senior care and independence.
Top 5 Health Care Technologies at SXSW—Each year, startups flock to Austin’s South by Southwest conference to showcase the latest in music, technology and design. We compiled the top five health care tech at SXSW from wearable sensors to “smart” pill bottles.
Startup Targets Growing “Small House” Market for Senior Living—From granny pods to elder cottages, the market is ripe for alternatives to traditional long term care communities. One startup is building “small houses” for aging parents and is seeing reception both among consumers and lawmakers who are pushing for more accessory dwellings.
Written by Elizabeth Ecker