Ventas (NYSE: VTR) is gearing up for an active investment year ahead, with a “line of sight” on more than $300 million of senior housing deals this year, according to CEO Debra Cafaro. Last year, the Chicago-based real estate investment trust (REIT) raised more than $4 billion amid what Cafaro called “the most favorable supply […]
Announcements PointClickCare announces launch of Pharmacy Connect PointClickCare Technologies, a healthcare technology platform, announced the launch of Pharmacy Connect, a service designed to simplify medication management for senior housing communities. According to a press release, the service “bridges the collaboration and transparency gaps between pharmacies and senior living communities” by offering a streamlined solution to […]
It’s no secret the demand for memory care is great and expected to grow in the coming years as the baby boomers age into senior housing. But getting there will still be a challenge. Even as older adults seek senior living, there is no guarantee that they will want what today’s memory care operators are […]
Welltower Inc. (NYSE: WELL) is acquiring a 25-community active adult portfolio with larger plans to create a programmatic development agreement with Affinity Living Communities. The portfolio consists of 3,900 units, mostly concentrated in the Pacific Northwest, according to a press release on the transaction. Affinity will continue to manage the portfolio when it changes hands. […]
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In 2023, senior living mergers and acquisitions were challenged thanks to market distress, a wide bid-ask spread and a lack of clarity about the road ahead. That appears to be changing in 2024. For one, many owners of distressed properties are finally out of financial runway and are making tough decisions about what to sell […]
Affiliations HumanGood, Pleasant Spring Communities affiliate Nonprofits HumanGood and Pleasant Spring Communities announced the affiliation of their organizations on Feb. 1. According to a press release, Pleasant Spring Communities oversees Springhouse and Mount Pleasant Home, and the affiliation will allow the communities to “enhance their operational efficiencies, streamline processes and introduce innovative programs” by having […]
The middle-market senior living opportunity is “huge” thanks to demographic shifts, new payment sources becoming available and a wave of distressed properties. That was the consensus of panelists from a National Investment Center for Seniors Housing and Care (NIC) webinar hosted Feb. 1. For one, the pool of middle-income older adults is growing. By 2033, […]
Senior living operators made progress and notched plenty of wins in sales and marketing in 2023. This year, sales leaders with operators including Heritage Senior Living, Watermark Retirement Communities and Treplus Communities are building on that momentum. All the while, they are mulling transparency of resident rates, the integration of artificial intelligence (AI) into marketing […]
Daily use of a multivitamin could help with improvement of episodic memory. That’s according to the latest findings of the Cocoa Supplement and Multivitamin Outcomes Study (COSMOS) directed by researchers at Mass General Brigham, which was created to analyze the effects of cocoa extract and multivitamins on the development of health issues like heart disease, […]
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