Developers Take Stealth Route Into Senior Living

Senior housing remains one of the most booming real estate sectors, and with a huge wave of baby boomers set to enter retirement in the coming years, untested real estate developers are jumping into the industry. Because operating senior living communities with health care services comes with a lot of responsibility, risk and high cost, some […]

Senior Housing Finance Activity: Health Care REIT, CBRE

Health Care REIT Purchases $56.7 Million Fort Collins Complex  Health Care REIT (NYSE: HCN) purchased a senior living complex in southeast Fort Collins, Colorado for $56,740,000. The Ohio-based REIT bought the property, MacKenzie Place on Aug. 31, marking its eighth senior housing purchase in Colorado. The property is located at 4750 Pleasant Oak Drive and […]

New Senior Living Player ‘Frog Kissing’ and Planning Big

There’s a new entrant to the senior living sector: Senior Lifestyles Associates, Inc. (SLA), is a privately held corporation that plans to engage in the acquisition and management of assisted living and independent living senior living facilities throughout the country. While it is in the early stages of making its first acquisitions, the company is […]

Former Assisted Living Concepts CEO Files Suit … Again

In the latest drama in the ongoing story of former Assisted Living Concepts CEO Laurie Bebo, the fired executive has filed a lawsuit against the company for $900,000 in attorney fees and other expenses she incurred as a result of defending herself in a federal civil case and a lawsuit against the U.S. Securities and […]

Senior Living Replaces Cookie-Cutter Marketing with Personal Touch

With 10,000 baby boomers turning 65 every day and a huge wave set to come through the doors in the coming years, senior living providers are already preparing for the surge of new retirees by enlisting their existing residents for sales and marketing strategies. For some, the resident participation has helped with more authentic messaging, which has led […]

[Update] Fast-Growing Civitas Senior Living Opens Post-Acute Division

Civitas Senior Living, an assisted living and memory care operator based in Fort Worth, Texas, is expanding its scope of care with the opening of Civitas Post-Acute, a division that will manage skilled nursing and rehabilitation centers. Civitas specializes in development, acquisitions, operational management and consulting for senior housing properties. Civitas Post-Acute will begin its […]

Rising the Ranks: The Top-10 Largest Nonprofit Senior Living Providers

Ziegler and LeadingAge have released a sneak preview of their annual research project analyzing the largest not-for-profit senior living providers in the U.S., revealing the top 25 multi-site senior living organizations, and there is a new No. 1: National Senior Campuses.  “National Senior Campuses has been pretty aggressive with their growth,” Lisa McCracken, senior vice […]

‘Perfect Storm Conditions’ Draw Investors to Senior Housing

The senior housing real estate sector is experiencing historically high investment rates, high valuations and low cap rates, according to a recent report released by Brown Gibbons Lang & Company, a middle market investment bank based in Cleveland. The report, Healthcare Real Estate: Volume & Valuations Influenced by “Perfect Storm” Conditions, found that occupancy rates were steady in […]