Transactions & Financings: Innovation Senior Living Buys 2 in Florida; Roobrik Receives $3M Angel Investment

Financings CBIC Provides $17M for AL, SNF Portfolio CBIC Bank announed that it provided a California lessor with a $17.5 million mortgage facility related to the refinancing of an assisted living and skilled nursing portfolio in Southern California. The portfolio consists of 180 assisted living units and 100 skilled nursing bed and is run by […]

Extending Assisted Living Through End of Life: Data Shows Value of Third-Party Services Regulations

State regulations that support third-party services such as home health and hospice are linked to assisted living residents dying in the community where they live. That’s according to a new study published Friday in the Journal of the American Medical Association. Researchers studied data on more than 8,300 assisted living communities from state registries and […]

Rebalancing Portfolios, Reinventing Operations: The Springs Living, HDG Adapt for the Future

Brenda Connelly and Erin Shvetzoff Hennessey have dedicated nearly their whole lives to senior living and care, and they both believe the sector has reached an inflection point. “We’re just entering a reinvention stage,” Connelly told Senior Housing News at the recent National Investment Center for Seniors Housing & Care (NIC) conference in Washington, D.C. […]

Inside the Staffing Practices of Senior Living Standouts from Fortune’s ‘Best Workplaces’ List

Each year, thousands of companies across the U.S. vie for a spot on the annual Best Workplaces in Aging Services list. For those that do, the immediate benefit is a new recruiting tool — and valuable feedback from their current workers. The list, published in Fortune with data collected and analyzed by Activated Insights, ranks […]

How Senior Living Developers Anthology, Ryan Cos. Finance New Construction as Lenders Tighten Belts

With interest rates rising, new construction lending appears to be slowing in the senior housing sector — but that doesn’t mean debt isn’t available, either. So long as developers have the track record to quell lenders’ concerns, they are finding ways to source financing for their new development projects. The National Investment Center for Seniors […]

Newly Updated ‘Forgotten Middle’ Study Shows Middle-Market Senior Living Gap Getting Wider

About 11.5 million older Americans age 75 and older will be unable to afford assisted living in the coming decade as the middle-market gap continues to widen. That’s according to a newly updated report by NORC at the University of Chicago. The refreshed report, released Wednesday, builds on the groundbreaking “Forgotten Middle” study in 2019, […]