Category: Senior Housing

HUD’s Senior Living Refi Boom is Over

After a blockbuster year for The Department of Housing and Urban Development’s (HUD) lean mortgage insurance program in senior housing, volume fell more than 25% in fiscal year 2014, marking the end of a boom for government financing in the sector. But the news isn’t all bad, say the finance companies that work regularly with… Read More »

Newcastle Reveals New Details for Senior Housing REIT Spin-Off

Today, Newcastle Investment Corp. (NYSE: NCT) released new details regarding its previously announced senior housing real estate investment trust (REIT), including a completion date and investment plans for the new senior-housing specific REIT.  After months of speculation and a confirmation in June, New Senior Investment Group, Inc. (NYSE: SNR) is on track to become a… Read More »

The Secret to Senior Living Sales? Not to Sell

Marketing campaigns often target the adult children of prospective senior living residents, considering them as prime decision makers in the senior housing move process. But many sellers end up falling short in when it comes to their most fundamental priority: selling. Mystery shopping has enabled potential residents to easily weed out the failing marketing campaigns,… Read More »

The State of Senior Housing: Where High Demand Meets Short Supply

While the economy hasn’t fully recovered yet, the senior housing market appears to be in full swing, with positive trends likely to push investment in the category into the future.  Rising demand and falling vacancy levels are among these positive trends, as demand outpaces supply additions, according to a recent report on the state of the senior housing… Read More »

Jobs Available at Senior Star Management, Brandywine and More — Apply Today

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 director of nursing/memory support at Senior Star Management, junior appraiser at CBRE, Inc., executive director at Brandywine Senior Living and more. Are you a senior living… Read More »

Most Shared: Mystery Shopping and Salons in Senior Living

Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Philly Low-Income LGBT Seniors Housing Sets National Bar—A new, affordable senior housing community in Philadelphia may soon inspire the development of similar models nationwide considering its lesbian, gay,… Read More »

Senior Living Non-Profit Looks to Acquire Sears Methodist Post-Bankruptcy

Dallas-based Buckner Retirement Services, Inc. (BRS) may soon become the largest non-profit senior living provider in the state of Texas with plans announced Thursday to pursue a potential acquisition of Sears Methodist Retirement System, Inc. The non-profit, faith-based ministry said it plans to pursue an affiliation with or acquisition of the Abilene, Texas-based Sears, which… Read More »

PBS: Navigating Assisted Living Options

For around the clock care needs of older adults, there are several options worth exploring from level of care to costs, writes PBS in a column published this week. The public news outlet, which has produced a series of TV and print coverage on assisted living in recent months, details assisted living options in its… Read More »

In the Pipeline: Senior Housing Construction Projects (9/18/14)

Construction: Planned Ohio Senior Living Community Plans $20 Million Expansion Otterbein Senior LIfestyle Choices is planning a $20 million expansion to add more housing to its continuing care retirement community (CCRC) campus in Lebanon, Ohio, reports Dayton Business Journal. The project will create 83 independent living units across 20 new buildings, among them will be 17… Read More »

Provider Sees Big Potential in Reinventing the Senior Living Salon

Provider Sees Big Potential in Reinventing the Senior Living Salon

While many aspects of senior living have made recent strides, from dining services to interior design, one relative newcomer is targeting a specific aspect of senior living that many communities share, but often is not the first target for new resources: the salon. Launched in 2008 through a partnership between two co-founders — John Polatz,… Read More »

Health Care REIT Completes New $1.1 Billion Stock Offering

The latest in a series of power plays from Health Care REIT (NYSE: HCN), the company announced today it has completed its common stock offering valued at $1.1 billion—its second such offering valued over a billion dollars in the past several months.  The net proceeds of the offering, which included 17,825,000 shares at a price… Read More »