Ventas Names SNF Spin-Off, Details Portfolio

The skilled nursing real estate investment trust (REIT) spin-off of Ventas, Inc. (NYSE: VTR) now has a name: Care Capital Properties, Inc. (CCP). Chicago-based Ventas announced the naming of the new REIT in a Form 10 filing with the U.S. Securities and Exchange Commission Thursday Read More »

In the Pipeline: Senior Housing Construction Projects (4/23/15)

Construction: Planned Legend Senior Living Proposes $80 Million Project for Golf Club Redevelopment Wichita, Kan.-based Legend Senior Living recently submitted a proposal to build an $80 million community as part of a 136-acre redevelopment of the Meadowbrook Golf & Country Club in Prairie Village, Kan., Read More »

Wells Fargo Creates New Senior Housing Finance Group

Increasing demand to finance senior housing facilities has prodded Wells Fargo & Company (NYSE: WFC) to establish a new speciality group solely dedicated to the space, the company announced Tuesday.  Housed within Wells Fargo’s Commercial Real Estate Group, the company’s new Senior Housing Finance team Read More »

Most Read: Memory Care in 2025, 3D Printing Meets Senior Living

In case you missed them … here are the top headlines grabbing Senior Housing News readers’ attention this week: 5 Ways Memory Care Will Change By 2025—Senior housing providers recognize the rapidly growing need for memory care services. Yet, the future will bring not only Read More »

Skilled Nursing Poised for Renaissance of Small Operators

Skilled nursing facilities have not been a particularly hot product type in the past, but a renewed interest from some deep-pocketed investors has the sector poised for a renaissance, especially among smaller operators. Although sizeable investors like public and privately-held real estate investment trusts (REITs) Read More »

In the Pipeline: Senior Housing Construction Projects (4/16/15)

Construction: Planned CA Ventures Planning Assisted Living Project in Kansas City Area Chicago-based real estate investment, development and management firm CA Ventures gained approval from the Overland Park Planning Commission this week for a special-use permit and final development plan for a 116-bed assisted living Read More »

CCRCs Bank on Apple Watch to Improve Resident Care

The much-hyped Apple Watch hits stores next week and one nonprofit provider of hospitals and continuing care retirement communities (CCRCs) is gearing up by offering a new version of its electronic health record app specifically tailored for the new device. To better connect patients with Read More »

NorthStar Realty Finance to Buy 32 Holiday Properties for $875 Million

In a deal quietly announced in a U.S. Securities and Exchange Commission filing last week, NorthStar Realty Finance Corp. (NYSE: NRF) said it is acquiring a portfolio of 32 independent living communities from affiliates Harvest Facility Holdings LP, an affiliate of Holiday Retirement, for $875 million. Read More »

In the Pipeline: Senior Housing Construction Projects (4/9/15)

Construction: Planned Big Rock Partners, Millennium Real Estate Group Plan $25 Million Community Big Rock Partners, a national real estate investment management and development firm based in Beverly Hills, Calif., and its joint venture partner Millennium Real Estate Group, of Port Royal, S.C., this week Read More »

[Updated] ALFA Takes Senior Living Certification to the Next Level

The Assisted Living Federation of America (ALFA) is forming an independent credentialing organization that will operate and govern certification programs for senior living providers. Established separately from the organization, the new credentialing push is the latest in a series of initiatives the senior living trade association Read More »