Best Affordable Design of 2020: $16M Casa Indiana Brings Neighborhood Culture Into Eco-Friendly Building

The Fairhill neighborhood of Philadelphia dates back to the City of Brotherly Love’s founding, but it has changed a lot over the years — and a recently opened senior living community reflects the neighborhood’s culture while also meeting its current needs. In the 1950s, Fairhill became home to African Americans and Hispanic Americans, mainly Puerto […]

Transactions & Financings: McFarlin Group Sponsors Global Investor; Greystone’s $24M HUD Loan

McFarlin Group is looking beyond the U.S. for senior housing investors. The Dallas-based fully integrated senior housing firm became a sponsor of Private Wealth Global, an investment platform focused on core-plus and value-add opportunities in the U.S. and Europe, particularly multifamily and health care. The move gives McFarlin access to investors in South America and […]

Court Ruling Offers Hope, But Uncertainty Remains Over Senior Living Liability Protection

A federal court ruling last week that the Public Readiness and Emergency Preparedness (PREP) Act grants liability to senior living providers taking measures to protect residents from Covid-19 is seen by industry advocates as a positive sign. It came after months of lobbying Congress for liability immunity from pandemic-related lawsuits. “It is an overwhelmingly positive […]

Favorable Ruling for Sunrise, Welltower Rests on Complete PREP Act Immunity for Senior Living Providers

A California federal court ruled Wednesday that measures taken by senior living providers to protect residents from Covid-19 are eligible for complete liability immunity under the Public Readiness and Emergency Preparedness (PREP) Act. “The California federal court ruling is significant for the industry which has done everything in its power to protect staff and residents […]

Healthpeak Nears $4B in Senior Housing Dispositions, Will Focus on ‘Irreplaceable’ CCRCs

Healthpeak Properties (NYSE: PEAK) expects to complete its plan to exit rental senior housing as early as the second quarter of 2020, which will allow it to focus on unlocking the potential value of its continuing care retirement communities (CCRC), and grow its medical office and life sciences segments. Since the Denver-based health care real […]

Healthpeak Announces $2.5 Billion In Senior Housing Sales

Healthpeak Properties’ (NYSE: PEAK) plan to dispose of up to $4 billion worth of senior housing assets is more than halfway complete. The Denver-based health care real estate investment trust (REIT) sold over $2.5 billion in senior housing operating portfolio (SHOP) and triple-net senior housing assets according to its earnings Q4 2020 earnings release on […]

Consumer Sentiment Improves for Independent Living, Drops for Assisted Living, Memory Care

Consumer sentiment for senior housing overall has grown more positive as providers prove they can create safe environments for residents. But that sentiment is bifurcated. While the appeal of independent living has grown in recent months, interest in assisted living and memory care communities among prospective senior housing residents decreased. And the negative impact of […]

Omega CEO: Brookdale Portfolio ‘Well-Equipped’ For Post-Pandemic Growth, Performance

Omega Healthcare Investors (NYSE: OHI) sees long-term upside in its $510 million acquisition of 24 senior housing communities from Healthpeak Properties (NYSE: PEAK), operated by Brookdale Senior Living (NYSE: BKD). The Hunt Valley, Maryland-based health care real estate investment trust (REIT) believes the operator is poised to capitalize on pent-up demand for senior housing as […]