Senior Living M&A Volume Hits Lowest Number of Deals Since 2021

The slowdown in senior living M&A continued into the third quarter of this year, representing the slowest period for industry deal-making since 2021. That’s according to an Oct. 16 M&A update from Irving Levin Associates. According to the company’s latest data, industry players inked just 115 deals in the third quarter of 2023, totaling an […]

Mid-Size Operators Scale Up by Striking New Balance of High-Tech, High-Touch

Earlier this year, the prospect of new senior living growth looked bleak, due to capital market turmoil and ongoing operational difficulties. Whereas scaling up had been the name of the game in previous years in anticipation of incoming demand, it seemed operators were focusing less on scaling fast and more on improving certain operational fundamentals […]

In the Pipeline: Kendal Corp. Plans Second Zen-Inspired Community; $62M Sonata Florida Project Completed

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Kendal Corporation expands zen-Inspired community portfolio  The Wilmington, Delaware-based operator announced plans for Enso Verde, a new life plan community located in Simi Valley, […]

Transactions & Financings: Blueprint Closes 3-Community Sale; Sonata Continues Expansion

Financings Bayview Closes $13M Financing for California Community Bayview PACE announced it closed on $13 million in innovative Commercial Property Assessed Clean Energy (C-PACE) for the financing of an existing senior living community in Georgia. The community – called Varenita of Simi Valley – is a 102-unit assisted living and memory care community in Simi […]

In the Pipeline: MorningStar Renovates California Community; Sonata Opens Resort-Style Community in Florida

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Completed MorningStar renovates California community  MorningStar Senior Living celebrated the grand reopening of MorningStar Senior Living of Pasadena. The 144-unit community underwent a complete renovation […]

Movers & Shakers: Sonata Senior Living Appoints Senior VP; Health Dimensions Group Expands HR, Consulting Teams

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 […]

Movers & Shakers: Eskaton Welcomes New President; Senior Lifestyle Corporation Promotes Asset Management VP

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 […]

Movers & Shakers: Grandbridge Adds Senior Housing Investment Sales Team; Lifespace Names New COO

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 […]

Transactions & Financings: Welltower’s $850M JV; Acts Acquires New Corporate HQ

Welltower, Invesco Announce $850M Joint Venture Welltower Inc. (NYSE: WELL) and global real estate manger Invesco Real Estate (“Invesco”) announced an $850 million joint venture partnership comprising a portfolio of 35 medical office buildings spanning 2.6 million square feet. The portfolio was previously wholly owned by Welltower. The properties are 100% affiliated with health systems […]