With resident rates on the rise, many operators have emphasized the need to to demonstrate the value of senior living communities as a way to justify that cost. Doing so is not always easy. Prospects and their loved ones don’t always come to the table with a grasp on what senior living is or why […]
Meridian Senior Living
Senior living operators have been enacting changes in operations since the Covid-19 pandemic began, but some adaptations have been fleeting while others have proven longer-lasting. Recent conversations with several executives — including with large providers such as Brookdale, Frontier and Senior Lifestyle — highlight that operators now have committed to new practices across essentially every […]
As the senior living industry seeks to grow occupancy in the aftermath of the Covid-19 pandemic, one major hurdle is staffing. On the one hand, operators need to demonstrate the quality of their operations to prospective residents to get them to move in — and to do that, they need enough workers to maintain service […]
Even as senior housing providers increase rates due to rising expenses, operators have yet to face widespread pushback from residents, most of whom continue to believe that they are receiving a good value for the amount they are paying. That’s according to survey findings shared with Senior Housing News by Activated Insights, the organization that […]
Hudson Originates $37.75 Bridge Loans for Columbia Pacific Advisors Hudson Realty Capital completed its first health care deal on the heels of hiring senior living industry veteran Ashley Wilkens as director, deputy chief underwriter. The transaction involved two bridge loans aggregating $37.75 million secured by two senior living and memory care communities. One is The […]
Meridian Senior Living, one of the largest providers in the United States, has made several changes to its executive leadership team. Bethesda, Maryland-based Meridian ranked No. 21 on the 2021 largest providers list from industry association Argentum, with 78 U.S. communities. With 26 communities in China, Meridian also ranked among the largest U.S.-based providers with […]
Sales and operator transitions Capital Senior Living completes $18M sale of Ohio community Capital Senior Living (NYSE: CSU) completed the sale of a senior living community in Canton, Ohio. The sale price was $18 million, and provided $6.4 million in net cash proceeds to the operator. Additionally, Capital Senior Living was retained by the new […]
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Capital One closes $109M loan to Meridian Senior Living Capital One served as the administrative agent for a $108.9 million loan to a joint venture owned by Sino-Ocean Capital and Meridian Senior Living. The borrower will use a portion of the proceeds to acquire two senior housing communities in Florida, the 106-unit Symphony at the […]