Category: Development

Senior Housing Turnaround Company Tries Hand at New Development

A company known for offering consulting services to help turn around struggling senior living communities is trying its hand at new development, complete with an opportunistic strategy. Solutions Advisors, a consulting firm that develops strategic plans for senior living communities and then helps to execute management, marketing Read More »

Former Senior Housing Developer Gets 15 Years in $130 Million Scheme

The former CEO of an Oregon-based senior housing development and management company has been sentenced to 15 years in federal prison, putting an end to what has been called the state’s largest fraud case ever. U.S. District Judge Michael Simon on Tuesday sentenced former Sunwest Read More »

Senior Housing Construction Levels Hit Record Highs

New senior housing development reached a peak in the third quarter of 2015, hitting the highest level of activity the industry has seen since the National Investment Center for Seniors Housing and Care (NIC) began recording such data in 2008. About 44,000 senior living units Read More »

Developers Take Stealth Route Into Senior Living


Senior housing remains one of the most booming real estate sectors, and with a huge wave of baby boomers set to enter retirement in the coming years, untested real estate developers are jumping into the industry. Because operating senior living communities with health care services comes Read More »

Mainstreet’s Crowdfunding Investors See Quick 14% Return

Just more than a year after Indiana-based Mainstreet crowdfunded $1.6 million within a month toward a new senior living development, the property has been sold and investors have already seen a 14% return, but the developer isn’t sure if it’s a fundraising model likely to Read More »

Senior Housing Finance Activity: Ziegler, Greystone

Greystone Provides $58 Million Refinancing Loan for California Community Greystone, a real estate investment, lending and advisory company, has provided a $58,340,000 Freddie Mac loan to refinance Varenna at Fountaingrove in Santa Rosa, California. The facility is owned and operated by affiliates of Oakmont Senior Read More »

Senior Housing Newcomer Targets Secondary Markets for Regional Pipeline

Some senior living developers are candidly taking on the toughest markets for development, where they know demand for senior housing will always be strong based strictly on demographics coupled with high barriers to entry for providers. But one southeastern developer that launched a senior housing Read More »

Former Merrill Gardens Execs Launch New Senior Housing Startup


2Ten Consulting is a new name in senior housing, but it boasts an impressive pedigree and already is quietly making an impact on the sector. In March, 2Ten launched with Tana Gall and Jason Childers at the helm as co-founders and principals. Both are prominent Read More »

Apartment Operator Enters Senior Living With Historic Turnaround


Recognizing that the aging U.S. population is set to drive demand to unprecedented levels, companies that have focused on other kinds of real estate now are turning to senior housing. For instance, recent months have seen multifamily mainstays Alliance Residential and Drever Capital Management enter Read More »

Titan Deal Will Make America’s Largest Senior Community Even Bigger

The Villages in Florida

The fastest-growing U.S. metro is already a haven for the nation’s aging population. And it’s about to get even bigger. Florida is often considered a retirement destination for snowbirds and seniors looking to live in a mild climate. Although The Sunshine State didn’t make the Read More »