Active adult has been hot for several years, but the sector appears to be on the cusp of a major boom. Aided by a recent milestone NIC research report defining the product type, investors and capital partners are increasingly seeing active adult as a good senior housing bet. The topic was on the lips of […]
The Carlyle Group
The opportunity for middle-market senior housing is vast — and so are the number of markets that may be a good fit for Clover Management communities. From New York and Pennsylvania to Ohio and Indiana, the Williamsville, New York-based company is expanding its model of reasonably priced senior housing communities. Today, Clover has 35 occupied […]
Greystar Real Estate Partners has become one of the foremost names in the fast-growing active adult rental sector in recent years, and now the development and management company is expanding in new directions with the launch of its more moderately priced Album brand. Charleston, South Carolina-based Greystar is the largest U.S. operator of multifamily apartments […]
Senior living executives who are striving to differentiate their companies from the competition, meet rising consumer expectations and increase industry penetration rates could make progress toward those goals by increasing their aesthetic intelligence. That’s the message from Pauline Brown, former chairman of the North American division of LVMH Moët Hennessy-Louis Vuitton — an enterprise that […]
As interest in the active adult apartment rental product rises, it is becoming something of a no-man’s-land, with both senior housing operators and multifamily developers attempting to stake their claim to the lucrative, promising space. According to new data and a new report from Senior Housing News, senior housing operators have no question as to […]
“What do boomers want?” When it comes to housing, one answer is growing more than any other: active adult rental apartments. And the industry is taking notice, according to a new report from Senior Housing News. In an SHN survey of 120 senior housing professionals, administered in September 2019, a whopping 87% of respondents said […]
Technically speaking, independent living remains the consumer entry point into senior housing — the first step in the traditional care continuum. But as senior living operators know too well, consumers at that entry point are older than in the past, with many now well past 75. That’s why so many senior housing operators are looking […]
The most experienced developers and investors in active adult communities are reaping benefits from the product type, as the senior living industry at large scrambles to define its parameters. More seasoned players in the active adult market — including private equity giant The Carlyle Group — say that it is a product where average lengths […]
The Carlyle Group, a Washington, D.C.-based global private equity firm, is planning to raise $5 billion in a new fund that may include senior housing investment targets, Bloomberg recently reported. The fund would be the firm’s eighth, and is being put together in the first half of 2017, according to unnamed sources cited by Bloomberg. […]
Lancaster Pollard Secures $7 Million Refinancing for New York Assisted Living Community Lancaster Pollard recently assisted The Lake Shore Assisted Living Home, a 200-unit assisted living community in Lake Ronkonkoma, New York, with a $7 million refinance utilizing the FHA Sec. 232/223(f) program. The Lake Shore Assisted Living Home was searching for a more beneficial long-term debt […]