NHI Acquires $74 Million CCRC in Connecticut Real estate investment trust (REIT) National Health Investors, Inc. (NYSE: NHI) acquired an entrance-fee continuing care returned community (CCRC) in North Branford, Connecticut, for $74 million. The CCRC will be leased to NHI’s current tenant, Senior Living Communities, based in Charlotte, North Carolina. The lease term is 13 […]
Edgewood Senior Living
This week, some of our senior housing friends at Juniper Communities made their way to Burning Man. Cue the FOMO (fear of missing out). Check out the hashtag #aginginsurrectionbman on Twitter to follow along with their journey in the Nevada desert. While we are reeling with envy here in the newsroom, we were sure to […]
A real estate investment trust (REIT) has moved to completely exit the senior housing industry in favor of multifamily real estate, selling off all of its remaining senior housing properties for about $236 million. Minot, North Dakota-based Investors Real Estate Trust (NYSE: IRET) announced Wednesday it has entered into six different sales agreements with multiple affiliates […]
Capital One Appoints New Senior Vice President to Seniors Housing and Healthcare Agency Lending Group Capital One announced on Sept. 17 the appointment of Allison Holland as the company’s senior vice president to its Seniors Housing and Healthcare Agency Lending Group. In her new role, Holland will serve as originations manager for Fannie Mae and Freddie […]
Construction: Planned Georgia Developers Partner on New Senior Living Project Canopy Lifestyles and Campus Realty Advisors have joined to announced their newest senior living community to be developed in Braselton, Ga., the companies announced this week. The residence will offer independent, assisted living and memory care services at a location that is adjacent to the […]
Subscribe
Receive industry updates and breaking news from SHN