These Factors Indicate a ‘Positive Story’ for Senior Living in 2024

The senior living industry’s occupancy rebound and its demand prospects ahead are two of the biggest indicators that operators will see a better year in 2024. That’s according to Rick Brace, director of AEW Capital Management’s research group. Brace, who recently authored a report on the senior housing industry’s prospects in 2024, said he is […]

Transactions and Financings: New Argentum, AlphaROC Partnership; Benchmark Adds Conn. Community

Partnerships Argentum, AlphaROC announce strategic partnership Senior living trade association Argentum and data science company AlphaROC have announced a strategic partnership to “reimagine” market research with the platform Occam. According to a press release, the Occam platform will be launched for Argentum members and allow them to get “faster and easier access to public opinions,” […]

Fitch Announces Changes for Life Plan Communities Ratings to ‘Better Reflect the Risks’

Fitch Ratings has announced potential revisions to its rating criteria for life plan communities and is accepting public feedback before changes are finalized.  The changes proposed by Fitch in a recent draft would “better reflect the risks” life plan communities face, according to Fitch Senior Director Margaret Johnson. That’s due to LPCs having a smaller […]

Memory Care Transactions and Financings: BWE Secures $46M for Memory Care Project; Blueprint Sells Florida Community

Blueprint sells Atlanta senior housing community  Blueprint was contracted in the sale of a 37-unit assisted living and memory care community in a submarket of Atlanta, Georgia.  According to a press release, Blueprint leveraged its experience in selling a similar portfolio in 2023, and advised the client to choose “ a repeat buyer with a […]

How Headwaters Group is Pushing Ahead on Active Adult, Learning from Greystar to Build Strong Brand

The Headwaters Group is forging ahead with its active adult strategy in 2024, emerging as a growing player in an increasingly competitive sector. “2024 is the year of building,” Headwaters’ Managing Partner Ben Burke said. “We are going to be breaking ground on four communities, and [are] finalizing our brand and getting really to begin […]

Transactions and Financings: JLL Secures $18.7M for Minn. Community; Blueprint Sells Atlanta Community

Financings JLL Capital Markets secures $18.7M for Minnesota community JLL Capital Markets announced it secured $18.7 million in HUD funding for Elk River Senior Living in Elk River, Minnesota. According to a press release, the financing consolidates five debt obligations that were part of the project’s construction. The community was built in 2018 and is […]

Transactions and Financings: Healthpeak, Physicians Realty Merger Approved; 5-Community Portfolio Changes Hands

Mergers Healthpeak Properties, Inc., Physicians Realty Trust approved to merge Healthpeak Properties, Inc. and Physicians Realty Trust announced on Feb. 21 that stockholders and shareholders for the respective companies have voted to approve a merger. According to a press release, the transaction is expected to close on March 1. The company will operate under the […]

Welltower, Brookdale, Ventas Execs: Industry at Occupancy Inflection Point, Could Alter Pricing Dynamics

This article is available as part of your SHN+ membership Industry heavyweights Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Brookdale (NYSE: BKD) have now reported their Q423 and full-year results, and some themes and trends have emerged. The news is generally positive for the state of the industry, with leaders from all three companies zeroing […]

NHI Expects to Accelerate Growth in 2024, Investment Outlook Remains ‘Very Favorable’

It’s shaping up to be an active investment year in 2024 for companies like National Health Investors (NYSE: NHI), according to CEO Eric Mendelsohn. Though the company did not announce sizable new investments or outline a granular strategy for the year ahead, Mendelsohn noted that the company’s leaders are growing “more optimistic” about its investment […]