Dallas-based senior housing owner and developer Silverstone Healthcare Company has been in business for about five years and is working with a well-established operator on about $1 billion worth of projects. Still, it’s possible that many industry players haven’t heard of them. “We’ve kept a very low profile,” Chairman and CEO Denny Alberts told Senior Housing News. The […]
Medicare Advantage (MA) plans will be able to offer a new type of benefit starting next year, which could be a game-changer for senior living. It could create a new revenue stream for providers while also making them more important players in the U.S. health care system overall. Yet, there are still important questions to […]
Welltower Acquires CCRC in Florida for $130 Million Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Journal. The seller was Newton, Massachusetts-based REIT Senior Housing Properties […]
As the popularity of Medicare Advantage plans continues to grow, commercial health insurers are starting to look at senior living not only as a partner but as a potential acquisition target. While the number of senior living providers partnering with Medicare Advantage programs is small, the opportunity is significant and will only get bigger, according […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Hunt Midwest Planning New Projects in Florida and Tennessee Hunt Midwest Real Estate Development […]
LTC Properties Inc. (NYSE: LTC) is optimistic that one of its troubled tenants, Anthem Memory Care, will eventually regain its footing, though it remains to be seen exactly when that might occur. At the same time, the company is offloading a premium operator in Sunrise Senior Living, though it plans to remain active on the […]
What do Netflix (Nasdaq: NFLX), Amazon.com (Nasdaq: AMZN) and senior housing providers like Benchmark Senior Living have in common? They’re all using predictive analytics to meet their respective goals. In the case of Netflix, the goal is to correctly guess consumers’ viewing preferences. For Amazon, it’s to drive sales by suggesting appealing products for specific people to purchase. […]
Sunrise Senior Living, Holiday Retirement and Capital Senior Living (NYSE: CSU) have the most satisfied residents among the country’s largest senior living providers, according to a new report from market research firm J.D. Power. The “J.D. Power 2018 Senior Living Satisfaction Study” was conducted between October and December of 2017 and based on responses from 2,539 residents or loved ones […]
Global investment firm KKR & Co. (NYSE: KKR) recently closed a $2 billion real estate fund that will be used to purchase value-add or opportunistic properties, including senior housing. The new fund has already spent or committed approximately $250 million of the capital raised, and a portion of that $250 million is going toward senior housing, […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Sunrise to Save Historic Barn as Part of Connecticut Assisted Living Project Sunrise Senior […]
