Senior living rental rents have been climbing at roughly double their pre-pandemic pace, increasing by about 6% to 6.7% year-over-year, depending on care type. Yet, senior living communities have become more affordable relative to some other residential options. That’s according to a recently released report on national senior housing trends for the second half of […]
Marcus and Millichap
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one year. […]
The remainder of this year may bring more clouds for operators of memory care communities — but the senior housing sector as a whole might have a brighter future ahead, according to the latest Seniors Housing Research Report from real estate services firm Marcus & Millichap (NYSE: MMI). As is the overall story for the […]
Strategic Student & Senior Housing Trust Snatches Up Oregon Community Strategic Student & Senior Housing Trust, a public, non-traded real estate investment trust (REIT) sponsored by SmartStop Asset Management, has for $92 million acquired Courtyard at Mt. Tabor, a 286-unit senior housing community in Portland, Oregon. Strategic Student & Senior Housing Trust plans to break […]
HFF Announces Construction Financing for Denver Community Holliday Fenoglio Fowler, L.P. (HFF) has announced new construction financing for Solera at Cherry Creek, a planned senior housing project in Denver, Colorado. HFF’s team members worked to arrange the construction loan through a national bank on behalf of the developer, a joint venture between affiliates of Banner […]
Five Star Senior Living Names Adam Portnoy as Managing Director Five Star Senior Living (Nasdaq: FVE) announced that Adam Portnoy was elected as its new managing director. Portnoy, 47, was elected in order to fill a vacancy on the board left by the unexpected passing of Barry Portnoy, Five Star’s founder and one of its managing […]
The outlook for independent living and continuing care retirement communities is bright this year—while other, more need-driven types of senior housing face a more troubled forecast. Independent living can expect strong demand to push occupancy up 10 basis points this year, to 91.8%, according to the newly released Marcus & Millichap Seniors Housing Research National […]