These Markets are Senior Housing Construction Hotbeds

A handful of primary and secondary U.S. markets continue to experience elevated senior housing construction, at a time in the ongoing building cycle where absorption is catching up to inventory nationally. This was one of the top takeaways from a webinar Thursday hosted by National Real Estate Investor (NREI) featuring National Investment Center for Seniors […]

HumanGood CEO: We’ve Always Had National Ambitions

HumanGood’s new affiliation with Presby’s Inspired Life serves dual purposes: creating an organization with national scale that could further expand, with a platform to create an offering for an overlooked segment of the middle market.   That platform revolves around the existing affordable housing portfolios of both companies, as well as the capabilities of HumanGood’s in-house […]

Meet the ‘A-Team’ Behind This $300M Zen-Inspired CCRC

A “zen-inspired” continuing care retirement community in northern California is taking shape. Proposed by Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, the project now has a name, financial backing, approval from local officials and a growing list of seniors interested in calling it home. The project brings an innovative new twist to […]

High-Rise CCRC The Admiral Commits to Wellness, Tech in New Strategy

Senior living communities are in constant reinvention, looking for ways to improve operations, strengthen relationships with residents and employees and plan long term for future growth. This is something The Admiral at the Lake, a Kendal Corp. continuing care retirement community in Chicago’s Edgewater neighborhood, knows well. It has gone through several reinventions throughout its […]

Former HCP President Hutchens Joins New Senior Board of Directors

New Senior Investment Group (NYSE: SNR) appointed Justin Hutchens to its board of directors, the New York City-based health care real estate investment trust announced Wednesday. His appointment is effective immediately, New Senior said in a statement. Hutchens is currently chief executive officer of HC-One, one of the largest care home operators in the United […]

Transactions & Financings: Ventas’ $490M Colony Capital Refinancing; BPM Senior Living Portfolio Sold

Ventas invests $490M in Colony Capital refinancing, announces $800M research development pipeline Ventas (NYSE: VTR) announced four new developments, totaling $800 million in its university-based research and innovation business, all in partnership with Wexford Science & Technology (“Wexford”), the leading developer of university-focused real estate solutions. These investments are part of $1.5 billion research and […]

Bridgewood Property Quietly Builds Regional Scale in Senior Living

Bridgewood Property Company has quietly become a regional force in senior living with a “steady as she goes” approach to development and operations. The Houston-based company has developed 34 communities since its founding, founder and president Jim Gray told Senior Housing News. Its current portfolio of 22 properties in Texas, Oklahoma and Arkansas, totaling 2,600 […]