As the baby boomer demand wave crests, the senior living industry is projected to need many more units in some of the country’s biggest cities, including Dallas, Minneapolis and Seattle. That is according to a report by Integra Realty Resources (IRR), published this week. The report is based on information from Claritas and the NIC […]
IRR
Benchmark Senior Living Acquires Standalone Memory Care Community in New Hampshire Waltham, Massachusetts-based senior housing provider Benchmark Senior Living recently purchased The Arbors of Bedford, a standalone memory care community with 54 apartments in Bedford, New Hampshire. Specifically, Benchmark acquired an interest in The Arbors of Bedford from U.S. Healthcare Venture LLC, with whom it […]
CareTrust REIT Purchases Texas Portfolio for $96 Million CareTrust REIT (Nasdaq: CTRE), a senior housing and health care real estate investment trust (REIT), has acquired three skilled nursing facilities (SNFs) and one skilled nursing campus in the Dallas-Forth Worth area for approximately $95.9 million. In connection with the transaction, CareTrust entered into a new tenant […]