In the Pipeline: Heartis Project in Atlanta ‘Bottoms Out’; New Perspective Opens Community

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. Submissions are currently open. Construction: In progress Integral Breaks Ground on Nevada Community Integral Senior Living (ISL) is slated to manage a senior living community under […]

Transactions & Financings: New Senior Issues Fortress Affiliate $40 Million In Stock, NHI Lends $180 Million

New Senior Investment Group Issues Fortress Affiliate $40 Million in Series A Preferred Stock New Senior Investment Group (NYSE: SNR) filed an 8-K form with the Securities and Exchange Commission (SEC) indicating the New York City-based real estate investment trust (REIT) issued 400,000 shares of Series A Preferred Stock to FIG LLC, an affiliate of […]

Senior Housing Finance Activity: CareTrust, Ziegler

CareTrust REIT, Inc. Announces Launch of Public Offering of Common Stock CareTrust REIT, Inc. (Nasdaq: CTRE) announced that, subject to market and other conditions, it plans to offer to sell 7.5 million shares of its common stock in an underwritten public offering. The company also expects to grant the underwriters a 30-day option to buy […]

In the Pipeline: Senior Housing Construction Projects (10/22/15)

(Exterior of Trillium Woods, a $161 million CCRC now open in Plymouth, Minn.) Construction: Planned Douglas Wilson Companies to Launch First Senior Living Development Signaling its entry into the senior living market, Douglas WIlson Companies (DWC) plans to break ground on its first assisted living and memory care community next year. The inaugural project will be a […]

In the Pipeline: Senior Housing Construction Projects (8/27/15)

(The Tower at The Buckingham – Photo courtesy of Senior Quality Lifestyles Corporation) Construction: Planned Developer Planning $250 Million CCRC in Calif.  San Luis Obispo, Calif.-based general contracting firm John Madonna Construction Co. is proposing a 342-unit continuing care retirement community (CCRC) on 111 acres in the area, reports San Luis Obispo’s The Tribune. John Madonna, […]

In the Pipeline: Senior Housing Construction Projects (3/12/15)

Construction: Planned Senior Lifestyle Corp. to Break Ground on New Fla. Community Chicago-based Senior Lifestyle Corporation announced last week it will break ground this spring on its newest community, The Sheridan at Cooper City, a 111-unit assisted living and memory care facility in Cooper City, Fla. The Sheridan at Cooper City will feature 72 assisted […]

NHI Makes Foray Into Entry-Fee CCRC Financing with $154 Million Deal

National Health Investors (NYSE: NHI) will lend up to $154.5 million to recapitalize and finance the expansion of a Washington-based continuing care retirement community (CCRC), the company announced Monday. The financing for an entry-fee CCRC is the first of its kind for NHI, which has a long history of investing in the senior housing space. The […]