This article is part of your SHN+ subscription 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 AHEPA starts on fifth affordable senior housing project AHEPA Senior Living announced the start of […]
The National Investment Center for Seniors Housing and Care (NIC) has named Lisa McCracken as head of research and analytics as the organization continues to retool its leadership team. In her role, McCracken will oversee NIC’s research and analytics team that develops data-driven insights on senior housing industry challenges and opportunities, according to a news […]
To keep up with the changing resident profile of the incoming baby boomer generation, senior living companies are hitting the refresh button on memory care programming . Operators are taking stale concepts and remixing or innovating on them to offer more meaningful programming and amenities to residents in the quest to realize a big wave […]
This article is part of your SHN+ subscription 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 The Springs Living reaches construction milestone The Springs at Vancouver Waterfront, a community owned and […]
Tutera Senior Living and Health Care is expanding its senior living footprint through acquisitions, including by picking up a 10-property portfolio previously operated by Enlivant. On Thursday, Tutera announced the company recently added the 10 senior living communities in Kansas, Iowa and Nebraska to its portfolio. The communities are former properties owned by Enlivant and […]
Confluent Development is expanding its presence in senior living despite persistent headwinds facing new development growth as construction starts remain at historic lows. The Denver, Colorado-based real estate investment and development firm is gearing up for continued growth with a large pipeline, and recently promoted Matt Derrick to managing director of the firm’s senior living […]
Memory care is a complex, hands-on line of work where caregivers, residents and their families form close bonds. But at scale, maintaining a level of quality in memory care is easier said than done. Having a presence spread across multiple communities is a double-edged sword. With scale comes additional resources and support, typically from a […]
Transactions Grandbridge Real Estate Capital facilitates sale of communities Grandbridge Real Estate Capital’s senior housing investment sales team announced the sale of three senior housing communities in Florida on behalf of a national real estate investment trust (REIT). The communities were sold in June and August in separate transactions. Two of the properties were sold […]
A “pivotal” second quarter and debt restructuring to shore up its balance sheet has set up Sonida Senior Living (NYSE: SNDA) for future rate growth, occupancy gains and investments, according to CEO Brandon Ribar. Last month, Sonida announced a debt restructuring and an equity infusion agreement covering 49 assets financed by Fannie Mae and Ally […]
Discovery Senior Living’s growth is continuing with the launch of a regional management company dedicated to overseeing communities in the Midwest. The new management company, LakeHouse Senior Living, is establishing a foothold for Bonita Springs, Florida-based Discovery’s communities across Indiana, Illinois, Michigan, Ohio, Pennsylvania and Wisconsin. The launch was executed with the new company now […]
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