Author Archive: Jason Oliva

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Most Shared: Mystery Shopping and Salons in Senior Living

Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Philly Low-Income LGBT Seniors Housing Sets National Bar—A new, affordable senior housing community in Philadelphia may soon inspire the development of similar models nationwide considering its lesbian, gay,… Read More »

Senior Living Non-Profit Looks to Acquire Sears Methodist Post-Bankruptcy

Dallas-based Buckner Retirement Services, Inc. (BRS) may soon become the largest non-profit senior living provider in the state of Texas with plans announced Thursday to pursue a potential acquisition of Sears Methodist Retirement System, Inc. The non-profit, faith-based ministry said it plans to pursue an affiliation with or acquisition of the Abilene, Texas-based Sears, which… Read More »

In the Pipeline: Senior Housing Construction Projects (9/18/14)

Construction: Planned Ohio Senior Living Community Plans $20 Million Expansion Otterbein Senior LIfestyle Choices is planning a $20 million expansion to add more housing to its continuing care retirement community (CCRC) campus in Lebanon, Ohio, reports Dayton Business Journal. The project will create 83 independent living units across 20 new buildings, among them will be 17… Read More »

Health Care REIT Completes New $1.1 Billion Stock Offering

The latest in a series of power plays from Health Care REIT (NYSE: HCN), the company announced today it has completed its common stock offering valued at $1.1 billion—its second such offering valued over a billion dollars in the past several months.  The net proceeds of the offering, which included 17,825,000 shares at a price… Read More »

$1.5 Billion Research Center Will Be Google’s New Aging Tech Lab

Nearly a year to the date after its launch, Google’s life sciences arm Calico is gearing up to begin developing new technologies for the aging population with the launch of a new partnership that will create a $1.5 billion aging research center.    The Google-backed company, which launched in September 2013, recently announced a research and… Read More »

New Joint Venture Aims to be Best of Multifamily, Senior Living

New Joint Venture Aims to be Best of Multifamily, Senior Living

A recently formed joint venture between an Arizona-based senior living operator and a multi-family housing developer from Michigan plans to bring several new luxury-style communities to the Phoenix metropolitan area in the years to come. Last week, Phoenix-based operator Retirement Community Specialists, Inc. (RCS) announced it would join forces with Investment Property Associates, LLC (IPA),… Read More »

Top 5 Value-Adds for Home Care Acquisitions

Home care continues to be a sought after asset class for healthcare providers looking to expand their service offerings and take advantage of the market’s potential for further consolidation. And while the market abounds with hundreds of these types of agencies, there are several key hallmarks buyers look to in order to separate the diamonds from… Read More »

How One Senior Housing Community Cut Costs by 40% with Freddie Mac’s New Loan

A new loan from Freddie Mac provides affordable senior housing developers a cheaper alternative for financing new construction and renovation projects, with one company realizing cost savings of up to 40% through the new product. Launched at the end of last month, Freddie Mac’s Direct Purchase of Tax-Exempt Loans initiative aims to keep rental housing… Read More »

Health Care REIT Targets $1.7 Billion of Acquisitions in 2014′s Second Half

Based on acquisitions that have either already closed in the third quarter or are in some form of contractual agreement, Health Care REIT (NYSE: HCN) announced today that it anticipates to acquire approximately $1.7 billion worth of properties in the remainder of this year. The acquisitions to come—those which may have not already closed—include ones… Read More »

In the Pipeline: Senior Housing Construction Projects (9/11/14)

Construction: Planned Houston CCRC Announces $56 Million Expansion  The Buckingham, a 501(c)3 non-profit continuing care retirement community in Houston, Texas, recently announced it will undergo a $56 million expansion that will add 187 total residences to its existing campus. Sponsored by Senior Quality Lifestyles Corporation (SQLC), The Buckingham—a Type A CCRC—currently has 204 independent living… Read More »

How the Apple Watch Will Revolutionize Senior Care

How the Apple Watch Will Revolutionize Senior Care

Apple made headlines yesterday when it announced several new product launches, namely the iPhone 6 and it’s long-rumored foray into the wearable device market, the Apple Watch. But while neither device was created specifically for healthcare use, it’s the latter that carries vast implications for senior care. The market for healthcare technology is rife with… Read More »