Category: Senior Housing

Harvard, AARP Say Seniors Housing is Next Big American Crisis

A shortage of caregivers for baby boomers, high cost of senior living products and services and lack of disability-equipped housing reveal a seniors housing crisis as the 50-and-over population is projected to increase about 20% by 2030, according to a new report released Tuesday by the Harvard Joint Center for Housing Studies and the AARP Foundation.… Read More »

Brookdale, HCP Close $1.2 Billion CCRC Joint Venture

Brookdale Senior Living (NYSE: BKD) and HCP, Inc. (NYSE: HCP) announced Tuesday the companies have closed on their previously announced series of deals, which included the $1.2 billion formation of a joint venture to own and operate continuing care retirement communities (CCRCs). The deal’s closing arrives nearly five months after its April announcement, in which… Read More »

How Senior Living is Saving Big With LED Lighting

A Missouri continuing care retirement community (CCRC) will spend $250,000 each year from now through 2016 to update its campus with light-emitting diodes (LED) lighting, which it says will save the community big bucks in the long run.  John Knox Village, in Lee’s Summit, Mo., will be upgrading lighting at 15 of its existing buildings, and… Read More »

Movers & Shakers—People and Positions for September, Part I

Health Care REIT Names New Board Member Major senior housing property owner Health Care REIT (NYSE: HCN) has announced the appointment of Sergio Rivera to the company’s Board of Directors. Rivera currently serves as President of the Americas for Starwood Hotels and Resorts Worldwide, and as CEO of Starwood Vacation Ownership, a wholly owned subsidiary… Read More »

CCRC Strategy Uses “Hybrid Homes” to Reach Younger Seniors

An Indiana continuing care retirement community (CCRC) is embracing the future of senior housing through a series of expansion projects that will breed maintenance-free apartment living with the style and feel of a single-family home, and is also attracting younger residents in the process. Westminster Village’s new “hybrid homes” not only offer a more affordable… Read More »

Senior Housing Finance Activity: Capital One, Oxford Finance, Cambridge

Capital One Bank Refinances $11M FHA Loan for Mich. SNF Capital One Specialty Healthcare Real Estate, part of Capital One Bank’s Commercial Real Estate Group, provided a $11.05 million HUD 232/223(f) loan to refinance a 231-bed skilled nursing facility in Michigan.   “By taking an extremely thorough and conservative approach to underwriting, we were able… Read More »

Religious Senior Living Dominate Non-profit Sector

The vast majority of the largest nonprofit senior living organizations are faith-based organizations, according to the latest research from the LeadingAge Ziegler 100 Publication. Of the 84% nonprofit senior living providers that are faith-based, Presbyterian, Methodist and Lutheran affiliations are the most common among the largest 100 organizations. Just 13% of nonprofit providers have no affiliation,… Read More »

Senior Housing Jobs Open at Brandywine, HealthTrust and More

Looking for a senior housing job? We’ve got you covered, bringing you job postings from some of the top senior housing employers in the country. Open positions include senior investment analyst at Roc Seniors Housing, director of wellness at Waters Senior Living, director of nursing services at Acacia Hospice and more. Are you a senior… Read More »

Labor Day Round-Up: Assisted Living Heads South of the Border, 5 Dining Must-Haves

Senior Housing News would like to inform readers that we will be observing Labor Day on Monday, September 1, but will return the following day on Tuesday, September 2. In the meantime, SHN wishes its readers a safe and enjoyable Labor Day weekend. Until then, here are the most popular posts grabbing SHN readers’  attention this… Read More »

Developers Go Big for 17-Story Hawaiian Senior Living Plans

A new senior living high-rise will soon become a fixture on the south shore of Honolulu, Hawaii— a longtime vacation destination for mainland Americans. And it will be positioned to appeal both to residents of the mainland and Hawaii, say those who are working on the development. The 17-floor Kalakaua Garden will have 106 assisted-living units, 32 memory… Read More »

Another Pioneer ACO Calls It Quits, Citing Regional Challenges

A 10th Medicare Pioneer accountable care organization (ACO) is throwing in the towel, following other ACOs that previously left in favor of other Medicare saving opportunities or dropped out of the ACO program altogether.  Sharp HealthCare, a five-hospital system in San Diego, announced it was leaving the Pioneer ACO program in its third-quarter financial statement. Sharp… Read More »