Transactions Grandbridge facilitates $426 million for senior housing properties Grandbridge Real Estate Capital facilitated the financing of $426.8 million seniors housing portfolio for a publicly traded healthcare REIT. The portfolio was secured by 19 senior housing properties across 10 states and was financed by an agency lender. The transaction was part of Grandbridge’s seniors housing […]
Investment firm Land & Buildings has once again expressed displeasure over the performance of Ventas (NYSE: VTR) and its senior living portfolio. In an open letter to Ventas shareholders, Land & Buildings Founder Jonathon Litt highlighted his grievances against the management of Ventas, including how it has “failed to outperform the Healthcare REIT Index,” its […]
In the years before the pandemic, the senior living industry was slow on the draw with regard to the use of new technology. But the challenges of the last three years have led to big tech advances in areas including automation and telehealth — and operators are just getting started. Some of the biggest recent […]
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Orlando-based Bridge Senior Living is rebranding its memory care program in a move affecting the majority of its management portfolio. The newly rebranded program, dubbed “Lilac Trace,” will be incorporated into Bridge Senior Living’s 32 memory care communities and center on meeting the needs of each resident where they are. Alongside the name change, the […]
Experience Senior Living has reached an operational and growth milestone for its management platform, and now the company is looking ahead to its next phase of expansion. The Denver-based senior living operator — which is affiliated with NexCore Group, one of the largest health care real estate investors and developers in the country — is […]
Affiliations Garden Spot Communities, Frederick Living announce affiliation Garden Spot Communities and Frederick Living announced an affiliation between the two organizations Sept. 1. According to a press release, the affiliation process is well underway and when it is complete early next year, Frederick Living will become a Garden Spot Community to join Garden Spot Village […]
New Holland-based Garden Spot Communities is absorbing another local senior living nonprofit through affiliation, advancing the organization’s long-term growth strategy. Garden Spot is currently affiliating with Frederick Living, the organization announced Friday. The process for affiliation has been underway since December 2022, Garden Spot Communities CEO Steve Lindsey told Senior Housing News, and is anticipated […]
Life plan communities are continuing to see higher average occupancy than the rest of the senior living industry in 2023, according to a new analysis. . Total occupancy for the life plan community sector, which includes for-profit and not-for-profit communities, surpassed the rest of the industry in independent living, assisted living and memory care, according […]
Milwaukee-based Marquee Capital has announced the launch of a new fund targeting property types including senior housing, with a goal of raising up to $100M for investments. Marquee this week announced it had met its $30 million launch goal for Marcus RE Fund II, LP, which represents Marquee’s second investment fund. The fund will be […]
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