Acuity levels may seem well defined on paper, but as seniors age, health care needs can change and leave some senior living residents in a grey area. One survey revealed 87% of senior housing operators acknowledged acuity levels in assisted living have risen, but 45% of respondents said they were not sure how to respond. Acuity […]
The new Cushman & Wakefield, an international commercial real estate services that operates in 60 countries, now is official. DTZ announced on Wednesday that its acquisition of Cushman & Wakefield has been completed. The combined organizations are now one of the world’s largest real estate services firms, with significant reach into the senior housing sector. […]
Bank Leumi Closes $27 Million Refinancing of Florida Community Bank Leumi, a full-service commercial and private bank, refinanced $27 million of a $54 million senior secured term loan for a Central Florida retirement campus. Bank Leumi structured the five-year loan and served as the lead and administrative agent. The loan structuring was led by Hely […]
This week, our readers were hot on stock market news, and took a hard look at oversupply warnings. Readers also dove into new consolidation trends among vendors, as PS Lifestyle partners with Sodexo. SHN Most Read Market Turmoil Puts Senior Housing Occupancy, Cap Rates in Question—Stock market turmoil sent shockwaves around the globe, and the […]
Third-party senior living referral services have emerged as increasingly influential players in the sector. Providers may have mixed reactions to the growth of these companies, but it’s undeniable that having information about the interactions between third-part advisors and potential residents and their families provides a window on a crucial component of the referral ecosystem. The […]
Greystone Provides $58 Million Refinancing Loan for California Community Greystone, a real estate investment, lending and advisory company, has provided a $58,340,000 Freddie Mac loan to refinance Varenna at Fountaingrove in Santa Rosa, California. The facility is owned and operated by affiliates of Oakmont Senior Living and offers gourmet dining, concierge services, activity rooms, a […]
Quadrum Global seized attention recently as one of the latest multifamily and hospitality developers to get into the senior housing space. Quadrum’s first project still is in the early stages, but the company has ambitions to become a strong brand in senior living and is taking steps to differentiate itself from the crowd of new entrants […]
Maplewood Senior Living and Omega Healthcare Investors [NYSE: OHI] made headlines recently with their plans to develop a $246 million senior living residence on the Upper East Side of Manhattan. And that could be just the start for the partnership, which is targeting some of the most premium real estate in New York City for […]
While providers in the senior housing sector have embraced specialized services like post-acute care, some operators are coming under fire for their Medicare billing practices and quality of care, casting a shadow over this growing part of the industry. A Wall Street Journal report published Monday found that Medicare’s billing structure has created a rewards system that […]
Real estate investment trust New Senior Investment Group Inc. (NYSE: SNR) has completed its $640 million acquisition of 28 independent living properties from Holiday Retirement. The transaction was previously announced in June. The properties, are 100% private pay and span 3,298 units across 21 states. The properties had a 89.8% occupancy rate as of July […]
Subscribe
Receive industry updates and breaking news from SHN