Competition in the senior housing and healthcare space has remained hot and heavy with few signs of letting up, but real estate investment trusts focused on the space still believe they’ll have plenty of opportunities for continued growth. The senior housing M&A environment is “very competitive,” Justin Hutchens, CEO of Murfreesboro, Tenn-based National Health […]
Looking for a senior housing job? We’ve got you covered, bringing you job postings from some of the top senior housing employers in the country. Open positions include marketing director, sales coordinator, and associate executive director, with openings at employers such as Holy Redeemer Health System, Brandywine Senior Living, and La Costa Glen Carlsbad. […]
Older Americans are opting for university-based retirement communities rather than more traditional—and often isolated—resort-style communities, reports PBS. A recent PBS segment highlights Ray and Ann Goldwire, who left resort-style retirement community in favor of a university-based community near Ray’s alma mater, the University of Florida. The couple had become bored with the activities offered at […]
While many for-profit and non-profit senior living organizations are branching out and offering a broader spectrum of care services to residents, one major provider says it’s going to stick to what it’s good at: senior housing. That’s not to say residents in Texas-based Capital Senior Living’s (NYSE:CSU) communities won’t have access to care services. “We choose […]
Two senior living developers are going big on Florida with a combined nine-project pipeline that favors rental care continuum communities and a concerted effort to build and strengthen brand presence. Rather than the entrance fee continuing care retirement community model, both Discovery Senior Living and an affiliation between REDICO and American House are opting for rental […]
Are you looking for ways to drive occupancy at your senior living community and you think repositioning might be the way to go? Then you won’t want to miss an upcoming, free webinar on Tuesday, May 27 that will provide expert advice and insight on how to accomplish your repositioning and occupancy goals. Repositioning […]
While real estate investment trusts haven’t typically invested too much into continuing care retirement communities, HCP says it’s been looking into the sector for years, and the recent joint venture with Brookdale came at the right time. “We’ve looked at the asset class for several years,” said Paul Gallagher, chief investment officer and executive vice […]
The memory care portion of a larger assisted living community in Florida managed by The Goodman Group has officially reopened after a multi-million dollar renovation and expansion. Pearl Essence, which opened in 2009, is designed exclusively for women with memory impairments and is part of Cypress Palms, an enhanced assisted living community that opened in […]
A Florida-based senior living developer is investing heavily in the market with five new senior living campus that will add more than 700 units to its existing portfolio. Discovery Senior Living, headquartered in Bonita Springs, Fla., recently partnered with private equity group Kayne Anderson Real Estate Advisors for joint venture ownership and management of portfolios […]
Sabra Acquires Senior Housing Campus for $24M, Makes Development Investment Sabra Health Care REIT, Inc. (NASDAQ:SBRA) recently acquired a senior housing campus in Fort Wayne, Indiana for $23.8 million and announced a preferred equity investment of $1.7 million for the completion of a memory care community in Colorado Springs, Colo. The newly acquired campus, Park Place, has […]
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