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. Construction: Planned After $140M expansion, Charlotte, North Carolina life plan community continues work The life plan community Southminster in the Charlotte, North Carolina metro area recently […]
A new occupancy report issued Thursday shows key markets once again gained occupancy for a sixth straight quarter to end 2022, according to the National Investment Center for Seniors Housing (NIC). In the fourth quarter of 2022, occupancy increased nearly 1% (0.9%) from 82.1% in the third quarter to 83% in Q422, NIC MAP Vision […]
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Bill Pettit, a senior living veteran, is branching out with his son to found a new senior housing consulting and investment firm known as Black Dog Capital Advisors. Pettit believes that senior living opportunities are more plentiful than ever, with “more money and profitable returns to capital in the next 5 to 10 years than […]
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. Construction: In Progress Grace Management, Inc. celebrates groundbreaking of 55+ community Grace Management, Inc., a subsidiary of CPF Living and Padua Realty Co., announced plans to […]
While many senior living providers continued the long march towards a pandemic recovery, the industry saw operators innovate with new development, and familiar players in the space face new challenges in 2022. Tackling the “quiet quitting” labor issue and reports of a Brookdale Senior Living (NYSE: BKD) sale led to the most-read top stories on […]
After plans were set in motion to exit the traditional senior housing space earlier this year, Liv Communities is leveraging its wealth of experience in multifamily development to launch an active adult, 55-and-up brand known as Liv+. In November, Clearwater Living acquired four LivGenerations senior living communities in the Phoenix, Arizona area, with the deal […]
Lifespace Communities is lending “unprecedented support” to its troubled Edgemere community in Dallas as the property shifts to a rental payment structure for residents. The Des Moines-based senior living operator has put forth a bid to support the embattled property ahead of a potential sale by agreeing to fund up to $143.4 million of the […]
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. Construction: Planned Lutheran Senior Services to proceed on mixed-income community Lutheran Senior Services (LSS) and the Tower Grove Community Development Corporation were recently awarded a final […]
Senior living operators have radically changed the way they operate over the last few years. Looking ahead, it’s clear there are more changes to come as the industry sits at a crossroads between recovery and stagnation. The shift in the industry since the height of the pandemic has created a multitude of opportunities and challenges. […]