In case you missed them … here are the top headlines grabbing Senior Housing News readers’ attention this week:
5 Ways Memory Care Will Change By 2025—Senior housing providers recognize the rapidly growing need for memory care services. Yet, the future will bring not only more buildings designed specifically for these specialized services, but new programs and approaches to care as well.
NorthStar Realty Finance to Buy 32 Holiday Properties for $875 Million—Another Holiday Retirement portfolio has been sold-off—this time to NorthStar Realty Finance Corp. (NYSE: NRF), who purchased 32 independent living communities from affiliates of Holiday for $875 million.
For Public REITs, The Health Care ‘Party’ Continues—The ongoing, dominant presence of real estate investment trusts (REITs) in the senior housing space is opening the doors for more publicly-traded REIT investors interested in the sector. This shift is yet another portend that even more consolidation may be on the way as the year unfolds.
CCRCs Bank on Apple Watch to Improve Resident Care—Though the Apple Watch doesn’t hit stores until April 24, that hasn’t stopped some senior care providers from getting a jumpstart on how the tech can help drive their day-to-day businesses.
How One Company Aims to Change Everything About Aging—The senior care industry continues to attract a surplus of tech startups focused on changing what it means to age, but one company who had a Facebook-esque start isn’t tackling aging tech via remote monitoring or wearable devices. Rather, it’s using 3D bioprinting to take the aging services sector by storm.
Written by Jason Oliva
Companies featured in this article:
American Realty Capital Healthcare Trust II, BioBots, NorthStar Realty Finance Corp., TrinityHealth
