The largest senior living operator in Minnesota is pushing forward with new intergenerational projects meant to foster interaction between older adults and kids, exemplifying a rising industry trend. Ebenezer is working with developer Oppidan Investment Company on a 283-unit independent living, assisted living and memory care community on the provider’s home turf of Minneapolis. As planned, The Pillars of […]
Artis Senior Living has specialized in standalone memory care since its founding six years ago, but the company is about to branch out with a community set to open in 2019. Located in a bustling neighborhood about five miles north of downtown Chicago, Artis Senior Living of Lakeview (pictured above) will be the company’s first […]
ESI Arranges Sale of $38 Million Portfolio in Arkansas Evans Senior Investments (ESI) represented the sale of two senior housing communities in Bentonville and Rogers, Arkansas, for about $38 million. The two communities have a total of 208 total senior housing units. At the time of the sale, the Bentonville community had just recently opened and […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: In progress Blake Management Group to Start Work on South Carolina Community Blake Management Group […]
Brookdale Senior Living (NYSE: BKD) is continuing to make headway with its real estate investment trust (REIT) partners as it shrinks its portfolio and re-balances from leased properties toward owned assets. Brentwood, Tennessee-based Brookdale is the nation’s largest senior housing company, with a total portfolio of about 1,010 communities. The goal is to reduce that […]
As publicly traded real estate investment trusts (REITs) have stood on the sidelines of more senior housing deals in recent years, private equity (PE) has jumped into the game. Major institutional PE players such as Kayne Anderson Real Estate Advisors (KAREA) and Bridge Investment Group have each raised funds in excess of a billion dollars […]
Health care providers are increasingly embracing creative real estate strategies, paving the way for more medical office buildings to co-locate alongside senior living communities. Many developers and owners of medical office buildings are moving away from hospitals and instead opening their doors closer to where patients live, according to recent research report from professional services firm JLL (NYSE: JLL). […]
A company that has made a name for itself owning and operating luxury and urban senior housing properties is entering a period of accelerated growth, which includes venturing outside the state of Colorado for the first time. Balfour Senior Living recently hired its first COO and is planning to open a 150-unit rental community in Ann Arbor, Michigan, […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Clark Retirement Plans to Expand Two Michigan Communities Clark Retirement has plans to undertake […]
PMRG in Talks to Merge with Madison Marquette Texas-based PMRG, a privately held commercial real estate firm specializing in property management, project leasing investment management and development services, and Washington, D.C.-based Madison Marquette, a privately held commercial real estate investment and operating company, are in talks to merge. Closing is expected in the next 30 […]
