SHN Future Leader: Clyde McGraw, Vice President of Real Estate, Sunrise Senior Living

The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Clyde McGraw, vice president of real estate […]

Hines, Tampa Bay Rays Planning Baseball Stadium Development With Senior Living Included

Global real estate company Hines and the Tampa Bay Rays are moving forward with plans for a professional baseball stadium development project with hundreds of senior living units included in the plans.  The project in Saint Petersburg, Florida, was initially announced last year as part of three competing development proposals. Plans by Hines call for a […]

New Largest Providers List Shows Senior Living Industry’s Growth, Evolution

Brookdale Senior Living, Atria Senior Living and LCS have maintained their top three positions as the country’s largest senior living operators, according to Argentum’s 2023 Largest Providers Report. The report, released Sept. 14, ranks U.S. senior living operators on a variety of self-reported metrics, including total units and total employees. It also showcases some of […]

In the Pipeline: Sunrise Opens Virginia Community; The Springs Living Reaches Construction Milestone

This article is part of your SHN+ subscription 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: In Progress  The Springs Living reaches construction milestone The Springs at Vancouver Waterfront, a community owned and […]

Welltower Reloads ‘Growth Bazooka,’ Prepares for Wider Rollout of Management Platform With Cogir

Welltower (NYSE: WELL) has spent the last few years retooling its relationships with its numerous operating partners — and now, the company is poised to launch a new senior housing operating platform that will “truly transform our company in the next chapter of this evolution,” according to CEO Shankh Mitra. On Monday, Welltower management announced […]

Welltower Sells Stake in Sunrise, Unwinds Revera JV in Preparation for Self-Managed Platform

Welltower (NYSE: WELL) has announced its intent to dissolve a joint-venture agreement with Revera and sell its 34% ownership stake in Sunrise Senior Living to the Mississauga, Ontario-based company, which is also the operator’s owner. The Toledo, Ohio-based real estate investment trust (REIT) announced on Monday a series of transactions that included acquiring from Revera […]