Author Archive: Jason Oliva

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A Place for Mom Helps Families Think Senior Living During the Holidays

Strategically timed in the midst with the holiday season, A Place for Mom (APFM) has launched a new educational resource to help families initiate the senior living conversation. The nation’s largest senior living referral source announced this week the availability of its Caregiver Toolkit, a 75-page resource that includes guides, checklists, tools and worksheets to help… Read More »

Aviv Closes $305 Million Acquisition of 29-Property Portfolio

A little more than a month after announcing its acquisition of 29 properties from Diamond Senior Living, Chicago-based Aviv REIT, Inc. (NYSE: AVIV) today closed the transaction valued at $305 million.  The deal, which was Aviv’s largest acquisition in three decades, included 23 skilled nursing facilities and one office building, with the remainder comprising assisted… Read More »

In the Pipeline: Senior Housing Construction Projects (12/18/14)

Construction: Planned PDC Capital Group Invests in Pipeline of Three Northern Calif. Projects Costa Mesa, Calif.-based PDC Capital Group, LLC, has three new SummerPlace Assisted Living & Memory Care facilities planned to break ground next year in Northern California. SummerPlace Westgate, located in West Sacramento, is a $27.5 million that will add 174 units and… Read More »

Long-Term Care Facilities Must Recognize Same-Sex Spousal Rights

Long-term care facilities participating in Medicare and Medicaid may soon be required to recognize the rights of same-sex spouses regardless if their state has validated the marriage, according to a recently proposed rule by the Centers for Medicare & Medicaid Services (CMS). “These revisions would promote equality and ensure the recognition of the validity of same-sex… Read More »

Pension System Sees Potential in New $500 Million Senior Housing Fund

Senior housing development has caught the eye of many new investors of late, due to the growing senior demographic and onset of new construction and development rising to meet its needs.  And it has recently sparked the appeal of a Pennsylvania public school pension fund that plans to invest $100 million in the sector through… Read More »

The Biggest Senior Housing Deals of 2014

The Biggest Senior Housing Deals of 2014

The year in review for the senior housing mergers and acquisition market could be characterized by several traits, primarily the insatiable appetite among investors nurtured by billion-dollar blockbuster transactions. Both publicly- and non-traded REITs, private equity firms, as well as other operators were the players, acquiring senior housing and health care real estate and an… Read More »

Today Show: Not Your Grandmother’s Long-Term Care

Nearly 70% of Americans will need some form of long-term care, but changes in the way care is delivered and the increasing costs to provide it certainly presents some challenges, according to a recent segment of the Today show. Chatting with Today financial editor Jean Chatzky and Carol Levine, author of “Planning Long-term Care for… Read More »

Realtors Pinpoint Top 10 Housing Markets for Baby Boomers

As the baby boomer generation approaches retirement, many will consider the prospect of relocating. But whether that decision is fueled by warmer climates, affordability or greater job opportunities for older adults, new data from the National Association of Realtors (NAR) shows which markets may attract the most boomers in the coming years. NAR analyzed current… Read More »

In the Pipeline: Senior Housing Construction Projects (12/11/14)

Construction: Planned Alaska Developers Inch Forward on Proposed Senior Housing Complex Ward Cove Group is proposing to develop a senior housing complex in Alaska’s Ketchikan Ward Lake-Revilla Road area, a project developers say will address a shortage of housing options for senior citizens, reports local KRBD. Despite hesitation on the part of the Borough Assembly,… Read More »

NPR: Nursing Homes Rarely Penalized for Too Much Drug Use

Despite national campaigns spearheaded by the U.S. government to reduce the use of antipsychotic medications in nursing homes, many states are rarely penalized for over-sedating their residents, according to a recent NPR report. While antipsychotic drugs have been proven to help people with mental illnesses like schizophrenia and bipolar disorder, they can be potentially lethal… Read More »

Airbnb Meets Senior Living for Women Baby Boomers

While baby boomers are still roughly a decade away from bombarding assisted living facilities in droves, one roommate-pairing service plans to cash-in on the growing phenomenon of boomers and shared housing. Modeling itself much like online dating service eHarmony, Roommates4Boomers (R4B) aims to help women in the age-50 and older demographic find housing options suited… Read More »