Happy Monday, Senior Housing News readers! If you’re reading this, you’ve survived April Fools Day—hopefully with your pride and chosen hair color in tact, too. While you recuperate, catch up on some of the top news Senior Housing News reported on last week: The probability of Brookdale Senior Living (NYSE: BKD) being sold between now […]
It may seem as though concerns about senior housing oversupply are being voiced with increasing frequency—but these concerns aren’t entirely pervasive. In fact, the senior housing industry may have a fair number of people who believe that the amount of development currently taking place is “just right,” according to the Q1 2017 Quarterly Senior Housing Sentiment […]
KeyBank Provides $703 Million for Blackstone’s 64-Community Senior Housing Acquisition KeyBank Real Estate Capital’s Healthcare platform recently provided a $703 million financing package to a joint venture led by Blackstone (NYSE: BX) that purchased a senior housing portfolio with 64 communities from HCP, Inc. (NYSE: HCP). The portfolio is made up of 5,973 units in […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]
Maplewood Senior Living has a new plan: home care. The Westport, Connecticut-based senior living provider recently introduced Maplewood at Home, a new business segment that offers private duty, non-medical services to seniors living in Maplewood communities or in their own homes. The service is geared, in part, toward seniors who have no interest in moving […]
Happy Monday! Hopefully, your favorite college basketball team has yet to be eliminated from the March Madness tournament. In case you were too busy watching games to read about senior housing, here’s a recap of what we covered on Senior Housing News last week: Preparing for the huge upcoming wave of baby boomers will be […]
Lancaster Pollard Arranges $5.3 Million Financing for BPM Senior Living Lancaster Pollard recently arranged a $5.3 million Fannie Mae loan for Portland, Oregon-based senior living owner/operator BPM Senior Living. The loan provides capital for Royalton Place, a 70-unit, 79-bed assisted living and memory care community in Milwaukie, Oregon. The financing is related to BPM’s plan […]
Last year was a busy one for the health care services industry—though not all sectors were as active as others. In fact, the number of health care services transactions rose slightly in 2016, even as the number of deals in the long-term care sector declined, according to the 23rd edition of Irving Levin Associates’ Health Care Services […]
Dr. Bill Thomas, a well-known senior care pioneer and the originator of the Green House senior living model, is joining the executive team at the nation’s largest independent living provider. He will also continue to do work for Carmel, Indiana-based Mainstreet Health, where he has been director of innovative health care for just over a year. Thomas […]
Happy Monday! It’s an exhausting time—March Madness is in full swing, and seemingly everyone in Chicago is recovering from week-long St. Patrick’s Day celebrations. Before we descend into even more March Madness, here’s a recap of what we covered last week: California-based memory care provider Silverado will be making its East Coast debut in early […]